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Technology Stocks : Softbank Group Corp

SFTBY 88.34

+0.5%

9:46 AM EST

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To: Jonas1 who wrote (2971)	1/2/2000 1:33:00 PM
From: Edwin S. Fujinaka	Read Replies (1) of 6018

Although I have some reservations myself about the income producing potential of owning Nasdaq Japan, I think that Jay has indicated many benefits that will accrue to Softbank even if there are no profits from Nasdaq Japan. You are, at the very least, in the position of an insiders insider. I have always felt that the ownership of Ziff Davis and ZD Net had somewhat the same effect, regardless of the profitability (or lack thereof) of Ziff Davis itself as a freestanding Company. Through ownership of ZD, Softbank was an initial insider with regard to information on how the computer, high tech, and internet was developing. But the owners and directors of Nasdaq US wear nice suits and eat at nice restaurants so I guess it will not be a money drag <G>. (Actually, I know that there is only a remote correlation between ones haberdashery and ones net worth <G>).

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