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


To: Arthur Schenker who wrote (3382)1/19/2000 10:37:00 PM
From: Jonas1  Read Replies (1) | Respond to of 6018
 
Arthur and Linda: You are too pessimistic

Look at the graph posted 3 messages before. It is a straight line going up on the moving average plot. The stock is doubling every 4 months, and at the present slope, should only be at 80K in late Feb/early March.

Doubling every 4 months means an 800% return every year.

What in the world do you want?

Jonas



To: Arthur Schenker who wrote (3382)1/20/2000 11:38:00 AM
From: Robert Sheldon  Respond to of 6018
 
Folks are generally nervous in Japan (of course this is a foreigners view) because the Obuchi led Government package of reforms seems to be derailing. The first crack in the wall was the announcement that the 401(k)'s slated to begin in April will not. I bet this all passes. Anyway, the package was to benefit high tech shares most, and thus I consider it to be the root of our current bumpy action in SoftBank.

Hopefully we will see a snap election called to preserve the package. If not, we may be in for a great buying opportunity.