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

To: manohar kanuri who wrote (3074)	1/5/2000 9:56:00 AM
From: TobagoJack	Read Replies (1) \| Respond to of 6018

Lot size for 9984? I had only done in lots of 100. Each stock is different, and some quite unreasonable (large). Do not know the system. I do not know what lot size could mean in Yahoo Japan, as the float is only 6900 shares in total. Continuing to trim, just sold 50% of MSFT and RTRSY mainly to meet possible puts, leaving the short put positions in place still. Much more exercise than I thought possible at so early a date.

To: manohar kanuri who wrote (3074)	1/5/2000 10:31:00 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 6018

Hello Manohar, the minimum lot size to buy 9984 in Tokyo is 100. As Jay says, it varies with the stock. The restriction applies equally to Japanese and foreigners. However if you own an odd lot, due to the company's distribution of free shares, the brokers will buy it from you but at a discount. In the U.S. it appears that Merrill Lynch will buy or sell you an odd lot out of their inventory. Their bid and asked spread is much wider than it should be. Some ML employees don't know about this and will tell you that you must buy 100 shares.