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: bluedarter2 who wrote (5502)	9/1/2000 9:13:30 PM
From: TobagoJack	Read Replies (1) \| Respond to of 6018

Hello Becky B, I have sold all of my 5801 except the last 1000 shares round lot at Y3000 and 3450. The last round lot will be held for long time to prevent me from any regret that would cause me to buy back in. I have no particular fundamental reason to sell other than that I am satisfied with my profit (bought at 1825 and lower). I now need another The Next Good Thing. When known, will post. Mean time, my CNC long ($5 cost) and November covered Call ($5 strike) short and my MO long ($19.5 cost) and January covered call ($20 strike) short (bought back CNC and MO Puts a while ago at large profit) is doing their magic of staying above the respective strike levels. The shares should be taken away from me upon call expiration, completing my 150 and 100% profit respectively. It also looks likely that my Stillwater Resources January put shorts, strike price $25 (SWC, largest platinum mine in North America) will not likely be exercised against. But I will be taking in another tranche of Newmont Mining in September at $25 while the market price is now $18.5, via short Puts exercised against me, but as I had collected $4/share in put premium when I shorted, I have no complaints. I now have a bunch of NEM January puts w/ $15 strike shorted, and thus the premium will cover the paper loss on the September puts. I treat NEM and SWC as my petty cash box each three months, rolling forward. I now just need Lucent (bought at $42) to go up and a good but fast year will end on a high note. Am I the only one feeling that this year has gone a bit fast. I still remember our collective Christmas time posts as if they were done yesterday.

To: bluedarter2 who wrote (5502)	9/2/2000 6:28:20 AM
From: TobagoJack	Read Replies (1) \| Respond to of 6018

And I already regret it as I understand that the institutions have raised their target allocation from Japanese debt to Japanese equity. I got my Pacific Cyberworks HK Telecom ADSL broadband service at US$ 37/month for 100 hours installed this morning. I have been checking out Mediterranean music station of MP3.com and it is simply fine. The performance difference is the difference of spending 15 minutes to download 5 megabyte of music vs. playing the same in hi-fidelity as the file is being downloaded. The music business is and will become a very different affair in a very short time. I am looking to sell Sony puts again, along with buying Kyocera and such, but not Bridgestone as the company is being driven to oblivion. Supposedly our 9984 is recovering not so much because the NCB deal got closed, but because ETrade Japan, in which 9984 invested US$ 26 million, is doing well, and there are 400 IPOs to go. The big MO (for momentum) may be behind us and pushing us once again. I am thinking of innevitable VerticalNet Softbank IPO and what the awsome 9984 news machine can do in light of all the improvement that can still be made for Japanese manufacturing, Asia wide. I just said a few hours ago to some friends that I would not be adding 9984, but now I do not know, as I want that old feeling back, and not forget to get out before end of January. What are our collective thoughts over the Labour Day weekend?