In the online Nikkei news today:
"Merrill Lynch has included 16 recommended Japanese
stocks in its soon-to-be-released report on the outlook
for the year 2000. The issues cover a broad industry
spectrum, and it is noteworthy that many are members of
the Mitsubishi group.
The firm is recommending Kirin Brewery Co. (2503),
World Co. (3596), Yamanouchi Pharmaceutical Co.
(4503), Sanix Inc. (4651), Minebea Co. (6479),
Matsushita Communication Industrial Co. (6781),
Kyocera Corp. (6971), Suzuki Motor Corp. (7269), Nikon
Corp. (7731), Mitsubishi Corp. (8058), Jusco Co.
(8267), Bank of Tokyo-Mitsubishi (8315), Mitsubishi
Estate Co. (8802), Fukuyama Transporting Co. (9075),
Nippon Telegraph and Telephone Corp. (9432) and
Softbank Corp. (9984)."
All the same, Softbank is down a bit again, probably on mere profit-taking. Strangely enough, similarly far-and-wide investing Trans-Cosmos with its big U.S. holdings remains at BID ONLY for the sixth day in a row, despite the Nasdaq's tech sell-off. Like Softbank, Trans-Cosmos rose tenfold during 1999 but has risen another 80% in the last ten days. |
