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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)

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To: scaram(o)uche who wrote (110)8/2/2000 5:01:19 PM
From: nigel bates  Read Replies (1) of 724
 
"Unfavourable market conditions" ... for companies "using a special technology" (sic) -

"...Softbank, the Japanese Internet investment company that came to symbolise the financial might of the new economy, has scrapped plans to float five subsidiaries after seeing £100bn wiped off its market value. The dramatic change in strategy is thought to be related to the collapse in Softbank’s share price from Y60 666 (£370) in February this year to Tuesday’s closing price of Y9 250. The company’s market value has fallen from £121bn to just £18.6b..."
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