GOOD MORNING AMERICA: Check out this press release from Japan, going to be very good for GBLX I think. JDN
Tokyo, Dec. 22 (Bloomberg) -- Shares of Softbank Corp. (9984 JP <Equity>) gained their exchange-imposed limit of 5,000 yen, or 7.4 percent, to 72,800 on news Japan's largest Internet investment company's fiber-optic network venture with Microsoft Corp. and Global Crossing Ltd. will start offering transmission services on cables running through Japan and under the Pacific Ocean to the U.S. at the end of this month, three months ahead of schedule. Separately, Internet Research Institute, Inc., an Internet system consulting firm that's 6.8 percent owned by Softbank, was to debut on the Tokyo Stock Exchange's High-Growth Emerging Stocks market, or Mothers. IRI was untraded on a glut of buy orders, with the last bid at 20.7 million yen, compared with its initial offer price of 11.7 million yen. |
