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Technology Stocks : Softbank Group Corp

SFTBY 59.80

+0.9%

Jan 6 3:58 PM EST

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To: TobagoJack who wrote (4702)	4/1/2000 5:14:00 AM
From: b_spiral	of 6020

Softbank Technology split - I assume this is what everyone keeps getting confused about. I assume people will use their spare lunch money to buy the stock. Friday, March 17, 2000 Softbank Technology To Split Stock To Add Liquidity TOKYO (Nikkei)--Softbank Technology Corp. (4726), an e-commerce software and systems integration provider, will split its stock for the first time since it was registered on the over-the-counter market in July 1999. Registered shareholders as of March 31 are eligible to receive new shares. With the scheduled 3-for-1 stock split, the company aims at increasing share liquidity and lowering the per share trading price, making it easier for individual investors to buy the shares. Because the number of the company's outstanding shares stands at only 3.371 million, they are often exposed to volatile price movements. In addition, investors need 85 million yen to buy a minimum trading unit of 500 shares based on Thursday's closing price of 170,000 yen a share. (The Nikkei Financial Daily Friday edition) -------------------------------------------------------------------------------- Corporate Profiles: SOFTBANK TECHNOLOGY(4726)

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