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Technology Stocks : Softbank Group Corp
SFTBY 81.06-8.3%3:59 PM EST

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To: TobagoJack who wrote (3120)1/7/2000 12:42:00 PM
From: Edwin S. Fujinaka  Read Replies (2) of 6018
 
Jay,...There seems to be a great deal of optimism that the Japanese (in Japan) are positioned to boost the stock market in a big way if they switch from bonds to stocks. Japan Nasdaq with it's high tech name brands like Microsoft and Intel will give credibility to the entire Nasdaq lineup, perhaps including Softbank by then. They need to structure a lower price of entry via lower priced stocks and perhaps even odd lot trading. When on line trading (via E*Trade Japan) and the unlimited internet availability (via Softbank/Microsoft/Tepco) are also in place watch out. Per reputation, there seems to be a part of the Asian population that is rumored to like to gamble <G>. I wonder how that ugly rumor got started? <G>.

BTW, Softbank closed in Frankfurt up a bit at $775 US. Schwab is quoting the US market at $730 by $755 (20 minutes ago). Looks like the spread is widening and the US market makers are still pessimistic for at least the short run.
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