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Technology Stocks : Softbank Group Corp
SFTBY 55.36-2.8%Nov 21 9:30 AM EST

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To: sunny who wrote (5140)5/25/2000 12:47:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 6020
 
I think your estimates for the share price of the Morningstar Japan IPO is correct. Netconductor's note verified the total of 1000 shares to be issued so we are again faced with about $25,000/share. The next question is, do we have to buy a round lot of 100 shares? <G>. They need to get their listing rules changed as regards capital behind each share (or whatever). I was hoping that the new Nasdaq Japan was going to get around those requirements, but apparently not.
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