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

To: TobagoJack who wrote (4743)	4/5/2000 1:33:00 AM
From: b_spiral	Read Replies (1) \| Respond to of 6018

2 yahoos,as Softbank is known to many in Japan. I just noticed how COMPLETELY the chart of 4679 Yahoo Japan and Softbank mirror each other. If not for the AOL deal valuating YAHOO I would tend to bolt, as it is I am just very nervous. One thing that will help the stock will be the IPO of cisco japan. Then Softbank will be known as the "2 yahoos and a cisco (8%)" Gary

To: TobagoJack who wrote (4743)	4/6/2000 10:11:00 PM
From: Netwit	Read Replies (2) \| Respond to of 6018

Jay--My portfolio is sucking water too. Down 8% for the year. Doesn't sound bad does it? But it's down over 30% from its highs this year and, that, my friend, is the stuff that makes for a good cry when you're looking at retirement money. Part of the problem with all the volatility in the market is that stops just result in a guaranteed loss occurring time and time again as you attempt to reenter the market. I think a change in strategy is required. My plan is to buy long term options (LEAPS) on some of these stocks and on QQQ as well. By doing so, I pay for my risk management up front (the price of the option), obtain some leverage and can put the balance in munis. This is the so-called 90/10 strategy (90% cash/10% options) or in my case probably 80/20 or 70/30. Still need to run the numbers. I know that it is a conservative strategy, but I am close to retirement and need to keep the excitement level within bounds. It is because of this that I thought of the warrants for Softbank, not to increase my exposure but to keep it the same but have less cash on the table. (i.e. sell my stock holdings and replace the portfolio value with warrants). Anyway, that's the thought.