Softbank Investment International (HK0648) Message Board

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Technology Stocks : Softbank Investment International (HK0648)

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To: Maika who wrote (531)	1/26/2001 1:08:04 PM
From: ms.smartest.person	Read Replies (1) of 615

Hi back to you Barbara, I have absolutely no idea what this shell is going to do. Cisco buying an interest in SFTBF and the two announcing they are investing in a VC fund for Asia, managed by SFTBF sounds like SFTBF is creating yet again another investment vehicle. The announcement that SFTBF had "sold" off their SBISF shares certainly was not positive for this shell. How many investment vehicles can SFTBF fund? Since SBISF came to being, SFTBF has formed at least 2 other investment funds, China the one I felt would steal any investment away from SBISF. The investment CSCO made in SFTBF is miniscule compared to the cash CSCO has, $12-16 BILLION! The news made good press, gave SFTBF a lift, but in the end is not very meaningful - IMO. I still own this shell, because the Market Value of my shares is about 29K less than my original investment. What is it that has you keeping the faith? Merry

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