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To: steve harmon - analyst who wrote (1958)	6/25/1999 4:25:00 PM
From: Choate	Read Replies (3) of 4337

Steve, I'm amazed that there is not more discussion of Softbank as an investment. With stakes in many of the leading internet cos, this company represents a foreign version of CMGI. In fact, if you look at what Son has done, he virtually has Japan (second largest economy) and the rest of Asia as his oyster at this stage in the internet evolution. If you add that positioning with his major position in America and his strategic vision of global financial services, the current share price looks like one of the real bargains. I apologize in advance if you have addressed this before. BTW, not sure many know that Americans can invest in Softbank via Merrill Lynch's market in the shares here in the US. There is no US ADR exchange liting BrianRichmond

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