The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 147.19

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3:59 PM EST

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To: gdichaz who wrote (4859)	1/5/2000 9:22:00 PM
From: LBstocks	Read Replies (2) of 13582

Kyocera ,Goldman Sachs mull venture fund TOKYO, Jan 6 (Reuters) - Kyocera Corp said on Thursday that it and Goldman Sachs (NYSE:GS - news) are considering forming a venture fund. Details will be announced at 4:00 p.m. on Friday, a Kyocera spokesman said. Japan's leading financial daily, the Nihon Keizai Shimbun, reported in its Thursday morning edition that Kyocera, a Kyoto-based manufacturer of high-tech products, and Goldman Sachs, the U.S. investment bank, plan to establish a private equity fund to invest in small, unlisted companies in Japan. The daily said the two firms will set up a joint company in Tokyo in January to manage the fund. By 0028 GMT, Kyocera's shares were down 2,000 yen or 8.89 percent at 20,500 yen.

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