SI
SI
discoversearch

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: LOGAN12 who wrote (5534)10/13/2000 12:17:24 AM
From: Anchan  Read Replies (1) | Respond to of 6020
 
Softbank's tanking is nothing, compared to what their daughter in HK, Softbank International, has done. Why did I buy so much, long, long ago?
The way I handle it now: I look at all of my stocks as play money (I wish it was) rather than savings. And go back to my real job. Hey, I'm still alive.
So are you.



To: LOGAN12 who wrote (5534)10/13/2000 12:53:24 PM
From: TobagoJack  Read Replies (1) | Respond to of 6020
 
I have been delinquent on keeping vigil over what shares I have, which is not a lot and getting smaller every day. My position in NEM and SWC has just overtaken position in 9984. I have remembered the Asian Financial Crisis by way of my recent bet on Lucent, when I bought into Bangkok Bank in 1997 just after its 50% wallop, only to be walloped for another 50%, and then another, averaging down, baffled, until I realized the big, and changed, picture.

I think much but am doing little, except working diligently on my regular business, remembering how to make money the old fashioned way, working for it and nibbling at the market at the edges.

I think the market may very well overshoot on the downside given the level of explicit debt (second mortgages, margin loans) and implicit debt (debt secured by depreciating stocks, expenditure loans taken down on previously highly valued options and hoped for IPO millions). From what I understand of San Francisco real estate, the recent good tidings, and the number of Audi Roadsters registered, I say we are in some danger.

Many signs (stock indices, exchange rates, interest rates) in SEAsia are now worse than at the depth of the Asian Financial Crisis. Now with Nasdaq wobbling, I am guessing at this Christmas party season's topics, which, BTW, is coming up too fast. I doubt many will say they made money this year, and the many will envy the few who lost the least. Been at these sort of gatherings before. Watching Airport 1975 for the second time is more fun.

I have succeeded in scaring my mom into not buying the dips, although I myself am so very tempted (Yahoo!, AOL, MSFT). I went as far as telephoning the broker, but was told about many clients in line to receive margin calls. I chatted, then put down the phone. We need to exercise control and care.