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Technology Stocks : Softbank Group Corp
SFTBY 70.44-3.2%Nov 7 9:30 AM EST

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To: ghengis2 who wrote (4523)3/22/2000 4:00:00 AM
From: Edwin S. Fujinaka  Read Replies (1) of 6018
 
"Investors in Softbank would do well to remember two things. First, The Economist has discovered the full extent of dealings between Mr Son?s private empire, Softbank and Ziff-Davis only because of the disclosure rules set by American stockmarket regulators. These are more stringent than the rules in Japan. Second, although MAC no longer exists, the financial engineers who dreamt up the structure still work for Softbank."

Since the Economist knows everything, why don't they present the financial analysis that is such a concern. Are these guys economists or are they tabloid writers? Softbank can always sell a small piece of their Yahoo USA holdings in order to generate cash when they need it. They have actually done so in the past and can still do so if they want to pay the taxes. I suspect that some of us here on the board are in a somewhat similar situation in being stock rich and cash poor. The difference may lie in the ability of the Company to eventually use stock as a currency to make deals. Wasn't that part of the strategy when PCCLF took over Cable and Wireless HKT? More clever "financial engineering" might be in order here. <G>.
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