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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Edwin S. Fujinaka who wrote (2851)	12/27/1999 5:15:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 6018

Sony just announced 2:1 split...can we be far behind?

To: Edwin S. Fujinaka who wrote (2851)	12/27/1999 1:16:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

Besides closing in Japan last night at around $807, Softbank closed in Frankfurt this morning at $778 and is currently quoted at Schwab here in the US at $800 Bid and $820 asked. It's hard to visualize any American selling such a highly appreciated stock in the last few trading days of 1999 (and incurring the taxes, especially short term capital gains taxes). There is a question as to how much of the Softbank trading is here in the US as others have asked. The January slump (probably mild) that I am anticipating in other highly appreciated stocks may not apply to Softbank since most of us have not held for the year required to qualify for long term capital gains treatment <G>. BTW, Schwab still has a recorded message at their Global Investing Phone Number that specifically says that information on PCCLF is available at your regular broker and you shouldn't wait for Schwab Global. Even Schwab is being swamped with calls on PCCLF in spite of a very unpleasant commission schedule for low priced stocks (3% rather than a flat fee). I think that PCCLF has the potential to outrun the "smart money" and make a tulipomania run to the moon <G>. The juxtaposition of the Internet, Telecommunications and China (with it's billions of potential customers. I even bought a little last Tuesday at $1.31 just for fun (At Etrade, not Schwab).