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

To: LOGAN12 who wrote (3381)	1/19/2000 10:23:00 PM
From: Arthur Schenker	Read Replies (2) \| Respond to of 6018

After 2h trading it looks like another 5K Minus day. Softbank has just been mentioned at CNBC Asia worldwide saying that they bought a company in H.K. which made nice losses during the last 6 months. I am no chartist but with this move to south the stock makes a formation during the last 30 days which announces further harsh days. Would be nice to have some puts now, but there are calls only in Germany and Switzerland.

To: LOGAN12 who wrote (3381)	1/19/2000 11:02:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

We are down 3200 yen at midday in Tokyo. I suspect our expectations have outrun a reasonable reality. I like the chart that was posted with the 30 day moving average. 1999 was pretty unreal for a company as big in market cap as Softbank. My 400K yen target seems to be everyone's low end in terms of expectations. That's at least a 400% upmove and I would be embarassed to suggest a target like that for just about any stock except Softbank. Whatever happened to bragging about a 40% up move for the year <G>.