Softbank Investment International (HK0648) Message Board

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Technology Stocks : Softbank Investment International (HK0648)

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To: Bud Smith who wrote (287)	3/16/2000 1:03:00 PM
From: ms.smartest.person	of 615

Bud, Would expect it to open at HK$8.80/US$1.13. CWAHF last closed on the HKSX @HK$8.80(US$1.13) and OTCBB @$1.14. The HK$12.41 you refer to is the amount Lai Sun paid directly to CWAHF for shares. This was a "deal" not a trade on the Hong Kong exchange. (Stock swap??) IMO Expect the looming Taiwan elections to still impact Hong Kong stocks. Elections are set for this weekend. The outcome of those elections, especially the election of a Taiwan pro-independence candidate, could mean continuation of volatility(lower) on HK and Taiwan stocks. With all 5 deals now announced, suspension should be lifted and I expect CWAHF will trade when HK market opens next, unless Son has more deals up his sleeve. Merry

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