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Technology Stocks : Softbank Group Corp
SFTBY 55.26-1.5%3:15 PM EST

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To: Jonas1 who wrote (2388)11/18/1999 6:32:00 PM
From: TobagoJack  Read Replies (2) of 6020
 
Founder (418) gone up to 3.5 from 2.5, has a deal with Yahoo of no particular description but may now be converted into a serious deal. I am guessing, but Yahoo has plenty of Chinese content already, needing only way to serve the cellular access market (information, programming). Sina is a competitor that could be aggregated into Yahoo, however I doubt it as Sina can probably remain independent, go IPO and disappear via competitive action in due time. What could be interesting for Founder is if they get an ISP license and do some major deal with an international party (maybe Asiaonline of Softbank), but this is only hope and speculation. Founder would be useful to Yahoo for soliciting China domestic advertisers should Founder get advertising license, now possible with WTO. I have 5000 shares of Founder left over from the last Red Chip mania two years back. I will add more on some pullback. Do not feel urgency.
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