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Technology Stocks : Softbank Group Corp
SFTBY 55.26+5.2%Dec 19 9:30 AM EST

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To: Yamakita who wrote (4667)3/29/2000 8:00:00 PM
From: TobagoJack  Read Replies (3) of 6020
 
Will do. Good morning from Hong Kong to America. Get ready for resumption of Intravenous News Feed provided to us by Channel 9984.

By line Bloomberg
The bad news is that Softbank has obtained Yen 24.8 billion yen selling down stake in Softbank Technology to below 60%. The good news is that Softbank Technology and Softbank both close up on the news. As no buyer was named, a JV structure maybe involved.

Editorial
In past times, our Softbank arranged JVs and buyouts amongst its invested companies, and all involved parties share prices would rise. These days, as some more mature invested companies shares are sold off, all involved parties shares would rise. Do we like the odds?

Let us join together and hope 9984 trading will shut down after 30 minutes so that the previous sellers would not have the pleasure of buying back too much of what they so contemptuously sold and rumored against earlier. Two more sessions and we leave near-earth orbit of 100,000, a bit more intravenous feed, we head once again for Pluto.
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