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Technology Stocks : Softbank Group Corp

SFTBY 55.10

-1.8%

1:12 PM EST

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To: Edwin S. Fujinaka who wrote (2807)	12/24/1999 8:21:00 AM
From: Labrador	Read Replies (2) of 6020

>>I agree that my mention of the possible scenario involving holders of highly appreciated stocks being reluctant to sell in December and take the tax hit in 1999 applies primarily to American investors. It does seem to me that the American market seems to be leading Softbank higher with the Japanese market appearing to follow in some cases.<< Do you think that US ownership of Softbank is significant? I recognize that there is some fund ownership, and probably de minimis retail investors, but I presumed US ownership is quite small. [If Softbank would issue an ADR and have the ADR shares equal 1/10 of a share, I suspect that there would be great demand.]

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