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

To: Edwin S. Fujinaka who wrote (5632)	1/17/2001 11:35:15 AM
From: TobagoJack	Read Replies (1) \| Respond to of 6018

Hello Edwin, Yup, the energy is gone even as Son’s photo made it to the cover of Business Week (Asia edition). VerticalNet, Ariba, and Yahoo! have all been trashed, and so I do not know what will happen to the Japanese off springs of these companies. I am still at below 9% in equity. The strategy, or rather, the tactics are as in 2000, less the SFTBF holdings. Less SFTBF holdings, 2000 was a money maker for me, and maybe lightening will strike twice. I have bought a little bit of stocks (JDSU, YHOO, ARBA, AKAM, EBAY, MSFT, EMC, and NT), in the style of a master chief sprinkling condiments and herbs into a soup three days in the making, ever so gently. This soup is not for long-term storage via canning, but for immediate consumption when ready. I am assuming that the NAZ will gyrate between 3600 and 1400 during this calendar year, hitting the high in March/April, and low in Sept/Oct. It looks like the SWC and NEM puts and call I had shorted will all expire worthless this week and I will start watching to put on the same trades again when/if gold craps out, causing NEM to tumble to 15 and below, and when platinum “consolidates”, maybe causing SWC to close in on 25. These mining share option trades provided a fairly constant source of seemingly risk-free money. I have been adding some “patient” money to Impala Platinum, Anglo American Platinum, and Anglo American Gold, as these shares all are valued in the value range and pays healthy dividends. There are risks with the underlying commodities and with South Africa, but on an intermediate term basis, less risky than NASDAQ. I have also exchanged some US$ 3-months fixed deposits (paying 5%) for Euro 3-months fixed deposit (paying 3.85%) at the local bank. I am not betting with the Euro, but merely betting against the Dollar. Finally, I bought some China/HK and Philippine shares. No brilliant insight so far, just puddling along. I patiently wait for the opportunity to put on a big trade ala MO/CNC type.