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


To: TobagoJack who wrote (3120)1/7/2000 6:38:00 AM
From: swisstrader  Respond to of 6018
 
<I am not too worried about our 9984 and Sony if only Japan was the issue. US market blowing up would hurt everyone around the world one way or another>

Jay, this was exactly my point!...double whammy of Sony Chairman stupidity and US tech in trouble...on a more personal note, I will continue to keep Softbank, QCOM and JDSU under the pillow...I am only 42 and retirement is still a long 3 years away!!

As a side note, if I were a SONY shareholder, I'd vote the CEO out tomorrow!...talk about being shareholder unfriendly!!...YIKES!...he definitely gets the "foot firmly engaged in mouth" award for the year.



To: TobagoJack who wrote (3120)1/7/2000 12:42:00 PM
From: Edwin S. Fujinaka  Read Replies (2) | Respond to of 6018
 
Jay,...There seems to be a great deal of optimism that the Japanese (in Japan) are positioned to boost the stock market in a big way if they switch from bonds to stocks. Japan Nasdaq with it's high tech name brands like Microsoft and Intel will give credibility to the entire Nasdaq lineup, perhaps including Softbank by then. They need to structure a lower price of entry via lower priced stocks and perhaps even odd lot trading. When on line trading (via E*Trade Japan) and the unlimited internet availability (via Softbank/Microsoft/Tepco) are also in place watch out. Per reputation, there seems to be a part of the Asian population that is rumored to like to gamble <G>. I wonder how that ugly rumor got started? <G>.

BTW, Softbank closed in Frankfurt up a bit at $775 US. Schwab is quoting the US market at $730 by $755 (20 minutes ago). Looks like the spread is widening and the US market makers are still pessimistic for at least the short run.