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Technology Stocks : Softbank Investment International (HK0648)
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To: Yamakita who wrote (191)3/5/2000 12:54:00 AM
From: blan  Read Replies (2) of 615
 
Yamakita,

Welcome back. Looks like you brought the warm weather with you. As I've got thin West Coast skin, the recent run of warm days in Tokyo was needed.

I don't know if you've seen Time in the last month or so, but it had two cover stories on Asia's/Hong Kong's/China's Internet plays. The first appeared on February 7 as a story on Asia's dot.com mania, with a strong emphasis on HK/China. Three weeks later, the February 28 issue ran a cover story on China's dot.com "struggle." One story would have been enough to make most of us sit up and take notice but two is amazing. Particularly at this early stage in their development. Does anyone on this thread happen to know if these stories ran in the U.S. editions. If they did, were they cover stories or not? (I'd settle for one cover story Stateside.)

Other recent news includes a very long front-page article about China dot.coms in the Nikkei. With a big banner headline, it discussed China's Internet awakening and mentioned the rush of VC capital and money from bigger U.S. companies. (I think Intel and Microsoft were mentioned, but I'd have to double check that.) Softbank's interest was mentioned toward the end of the article. No doubt this text was posted on SI somewhere.

All this is old news, but as stage setting for Softbank Asia, it is vital. That major press is covering China's Internet activities in such a big way even now shows that while we are early here, we are not that early.

It should be very interesting to see what happens when CWAHF's name changes officially and one or two major analysts with a reputation in the field gives the stock a thumbs up.

With regards, blan

P.S. Did you hold on to your JDSU?
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