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Technology Stocks : Softbank Group Corp

SFTBY 56.10

+1.5%

Dec 22 3:59 PM EST

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To: Yamakita who wrote (2731)	12/16/1999 11:37:00 AM
From: manohar kanuri	Read Replies (1) of 6020

OT Yamakita, I, personally, am not comfortable transposing a rich economy measure onto a poor economy. I'm quite comfortable with the "conceptual possibilities" of Softbank in Japan and the US, but the same bumps up against problems in India the way I see it. Unlike China where whole provinces are buzzing with activity, it is only the cities of Chennai, Bangalore and Hyderabad (and the Bombay Stock Exchange players) that have seen dramatic changes in prosperity and living standards. That said, I guess it really boils down to comfort levels. And, I was and am not considering the overseas Indians as a significant factor in valuing SIFY. Also, when did Satyam overtake Infosys as the best performing stock of the decade? I didn't realise the rankings had changed at some point..... Any thoughts on ethnicgrocer.com? Aspects of its model seem to overlap the initial plans of IndiaWorld. Also read an interesting article some time back about SKumar's.com (textile money going online) which is planning a clicks and bricks b2b -- overlaying a virtual network onto its existing distribution network. best, manohar

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