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Technology Stocks : Softbank Group Corp
SFTBY 76.93-5.1%Nov 5 3:59 PM EST

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To: Edwin S. Fujinaka who wrote (3397)1/20/2000 4:05:00 AM
From: kai_kai  Read Replies (2) of 6018
 
A 1-buy for 1-investors. A single share anyone? Lehman is poking fun at us.

Wednesday January 19, 11:22 pm Eastern Time

RESEARCH ALERT-Lehman confirms Yahoo Japan "1-Buy"

TOKYO, Jan 20 (Reuters) - U.S. investment bank Lehman Brothers said on Thursday it had confirmed its ``1-Buy' rating on Internet portal Yahoo Japan .
The bank said it viewed Yahoo Japan's recent acquisition of Internet service firms Geocities Japan and Broadcast.com as ``highly positive with strong value creation potential.'
``Geocities will provide Yahoo Japan with additional revenue stream while Broadcast.com Japan provides the company the technology and content of unique high quality streaming audio and video, which can better position Yahoo Japan in the emerging broadband market in Japan,' it said.
The firm, mostly owned by Japanese Internet investor Softbank Corp and Yahoo! Inc (NasdaqNM:YHOO - news) of the United States, last week reported strong third quarter results, including a more than five-fold jump in its October-December profit from a year earlier.
On Wednesday, Yahoo Japan shares became the nation's first to trade above 100 million yen.
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