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Technology Stocks : Trans Cosmos -- Ignore unavailable to you. Want to Upgrade?


To: Anchan who wrote (47)1/7/2000 7:00:00 PM
From: swisstrader  Respond to of 75
 
We will be OK come next week...stock moves in tandem with Softbank, which got hammered this week.



To: Anchan who wrote (47)1/18/2000 3:29:00 AM
From: Anchan  Read Replies (1) | Respond to of 75
 
Finished at the limit low of 31,200 yen today. Trans Cosmos continues to suffer from the sell-off, in Japan, of technology stocks (Softbank which I do -- sigh -- not have, excluded). Brokers in Japan indicate investors want to give the speed-drunk high-tech stocks a breather by putting their money into domestic "lower valuation" stocks. In other words: Trans Cosmos, having advanced by over 100% during December, is going to give some of it back until the market catches up a bit (and the Japan market has good prospects this year, by several Jap. analyst accounts; ref. Nikkei website).
I remain long on Trans Cosmos: many ponies, many tricks.