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

To: Yamakita who wrote (3030)	1/4/2000 6:00:00 AM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

I think I understand your negative attitude towards somewhat wild speculation on gigantic price rises that are going to happen very quickly. The thing that has made this SI Softbank board somewhat unique is the lack of a large number of messages expressing unreasoned opinions about the stock price zooming upwards in the next 20 minutes. This is even in the face of a 1999 track record in stock price appreciation showing a 12 to 15 times one year price rise which is better than many of the highly touted high flyers here in the United States. Especially for such a large company (currently more highly capitalized than Sony, I think the 5th largest company in Japan in that regard, and often the highest dollar volume of any stock traded on the Tokyo Exchange). Yet virtually unknown to the American investing community. Having said that, I have to say that Michelda's overall track record (including comments that he has made on Raging Bull) has been remarkably good. I too wish that he would back up his price predictions with a little more of the reasons for his opinions. I think that many of us probably already know most of the reasons why He is so outrageously optimistic. That is why many of us have not sold after the big run that the company has had. Son keeps coming up with new ideas to add to the existing pool of pending developments so that the Softbank price never seems to be outrunning the promise. Softbank seems to be almost as undervalued today as it was nine months ago when I bought in. So I think we can cut Michelda a little slack, especially in light of English not being his first language.