Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TobagoJack who wrote (3247)	1/12/2000 8:49:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 6018

Just in from Briefing.Com on PCCLF: says that ML is calling them the "Asian Softbank" (whatever that means!) and maintains LT Buy rating...don't own, sometimes wish I did, but this stock still makes me nervous and the spreads quoted in the past by SCH were nutso.

To: TobagoJack who wrote (3247)	1/12/2000 10:13:00 AM
From: manohar kanuri	Read Replies (1) \| Respond to of 6018

Jay, I'm with your friend on the 7% solution. I think the market is more nervous in anticipation and will find the reality much easier to contemplate. What are the top three on your list, other than 9984, to pick up at lower levels? I'm looking at SAP, ORCL, NETP and INFY (long wait: Naz ADS >100% premium to Bombay! and not a thing you can do to take advantage). manohar

To: TobagoJack who wrote (3247)	1/12/2000 12:24:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

It is nice to see anyone who was sophisticated (and lucky) enough to buy Softbank below $100 buying in again at these current levels over $750. Actually Frankfurt closed this morning at around $848 US. I understand that Softbank Frankfurt is not "fungible" with Softbank Japan. That is, they are not directly replaceable for each other. I believe that is a very minor point, but it is sometimes cited as a reason for price discrepancies. The Schwab Global guys have been trying to get permission to trade Softbank in Frankfurt for their clients, but upper management won't let them. Schwab could also fill those odd lot requests if they could trade in Germany. In the internet volatility age I have tried to use the technique of selling puts in a stock that I would like to own and I've been disappointed. The stock runs away from me on the upside and I am left with the small profit from selling the put but I didn't actually buy the stock because I was afraid to tie up the cash when I might need it to exercise the put. I suspect that the volatility will continue and there will be ample time to buy in for the fleet of foot...