Not really a response, but I just noted that Softbank seems to be up again in Tokyo mid day to around $420 depending on the exchange rate used. These figures always seem to be a little high when I take them from Nikkei Net. There was also a small comment on the ISP Venture:
Saturday, September 11, 1999
Softbank, Tepco, Microsoft Form Internet Access Unit
TOKYO (Nikkei)--Softbank Corp. (9984), Tokyo Electric Power Co. (9501) and Microsoft Corp. announced Friday that they have established an Internet service provider to offer low-cost, high-speed access.
The new service will employ a combination of fiber optic, coaxial cable and wireless technologies, making use of Tepco's fiber optic network. Trial operation is set to begin in October, with full-scale service planned for next summer.
The new company is starting out with a capitalization of 2.32 billion yen, shared equally by the three partners, who plan to increase the figure to 6 billion yen.
(The Nihon Keizai Shimbun Saturday morning edition)
Copyright 1999 Nihon Keizai Shimbun, Inc., all rights reserved.
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