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


To: TobagoJack who wrote (4254)3/7/2000 12:38:00 AM
From: Edwin S. Fujinaka  Respond to of 6018
 
Hmmmm, another terror junkie <G>. The downward spiral is only enjoyable if you have confidence in the outcome. John Wayne or whoever is at the controls will pull us out in the end. I guess that buying more is a vote of confidence in pilot Son.

We seem to be up a modest 4000 yen in Japan at this moment to 121,000 yen. In the past, it seems that we have had a month or two of pullback and flat to slightly down trading after a runup. This appears to be following the previous patterns except that both the runup and the pullback have been steeper than usual. This is not to subscribe to any sort of technical analysis except to say that it seems to be business as usual. It is easier to treat this all with equanimity if you are way up from your original purchase price. I have to express a little sympathy if you are a recent purchaser of Softbank, but I think that we still have a lot of confidence in pilot Son.