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Technology Stocks : Softbank Group Corp
SFTBY 76.37-5.8%3:58 PM EST

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To: TobagoJack who wrote (4009)2/20/2000 8:31:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 6018
 
Is there going to be a change in the requirement for capital behind each new post split share? I think this will require a change in the rules of the Tokyo Stock Exchange. I have seen earlier that Yahoo Japan is limited by some sort of rule that makes it impossible for Yahoo Japan to split any further at this time. (I'm not sure how or if the rule affects Softbank itself.) Although a 10:1 split is ok with me, Schwab only trades at their lowest commission for up to 1000 shares at a time. Since I think that many of us use Schwab, if you have more than 100 shares of Softbank now you will be faced with bigger commissions with a 10:1 split. I know, so what? <G>.
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