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

To: Hans U. Tschanz who wrote (2958)	1/1/2000 7:30:00 PM
From: TobagoJack	Read Replies (1) \| Respond to of 6018

Hans, I was at a party yesterday (Jan 1st) with some folks with whom I get together as one group once/twice per year. We were together at a depressing New Years party January 1st 1998. The humor was black. Many were boarding schooled, Ivy League credentialled, trophy wifed/girlfriended, money managers and consultants, and we were speculating on the end of the world as we know it. Stock exchange seats were put up for sale, market making stopped, car purchases delayed/scaled back or cancelled. We zigged and zagged furiously between the markets, switching from loss making stocks to bleeding emerging market bonds, switching from shaky countries to just rickety countries. And, now, behold, the sun shines, the waves becalmed, foliage of islands in sight, and the half naked girls are paddling towards us. We are all laughing and fully 50% are in activities related to dotdotcoms. The wives are happily talking about dotcoms instead of red chips, Kenzo instead of husbands' derailed careers. Do I honastly think 9984 will be market capped at 700 billion? I think MSFT is undervalued and I have been accumulating via puts on Visio and MFST. I want to put down my belief precisely: "Given that I think MFST is undervalued, I think 9984's frenzy value is much higher than MFST. 1. 9984 is domiciled in Japan where the stomach for equity had ten lean biblical years. 2. Japan has been building up a gigantic liquidity bubble unprecedented in history through depression enforced high savings rate, maniac export and zero percent interest rate. 3. Japanese people is more concensus based than many (I am trying to be polite here). They decide slowly, but when they do, step out of their way. 4. The nature of MSFT is to dominate operating and application environment. The nature of 9984 is to manufacture i-net companies, feed the global public market's hunger (say 90% failure rate, with 10% gems), and its business machinery puts Milken's bond empire to unsophisticated shame. Imagine what MSFT would be market capped at if it moved its entire operation and legal domicile to Japan, and Bill Gate is friend of the Prime Minister; then value 9984 at 50% of the new MSFT value. I stated to Edwin way back that I believe the management will get 9984 to Yen 100k, and the Japanese will get 9984 to Yen 800k. I also believe, as I stated recently, if we do not get to 800k this year, then we may not get there at all.