Softbank Investment International (HK0648) Message Board

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Technology Stocks : Softbank Investment International (HK0648)

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To: Yamakita who wrote ()	3/20/2000 12:13:00 AM
From: ms.smartest.person	Read Replies (2) of 615

At 12:30 PM SGT, Sftbk Investment Intl Now DOWN 21.59% -- The following was published right after HK market opened: Monday, March 20 10:22 AM SGT MARKET TALK-HK: Cheung Wah Down 16% On Resumption... 1020 [Dow Jones] Cheung Wah (0648), investment vehicle of Japan's Softbank, down 16% to $7.40 on trading resumption, following announcement late last week of share swaps with Chinadotcom and two other southeast Asian Internet companies. Traders say deals unexciting and investors disappointed Softbank won't directly inject any assets into listing vehicle. Cheung Wah's fall also matches correction in tech sector late last week, when shares were suspended.(KWW) Is that correct? Thought Softbank was injecting something into SII (asiaonline?). Maybe Jay would know something more. This news analysis doesn't help either! Would appreciate their naming their Traders sources. Merry

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