JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: borb who started this subject	8/26/2003 11:20:12 PM
From: Julius Wong	Read Replies (1) of 3902

Softbank May Join Nikkei 225 Average: Taking Stock Aug. 26 (Bloomberg) -- Softbank Corp. may stumble its way into Japan's Nikkei 225 Stock Average next month. The nation's second-largest supplier of high-speed Internet service has reported losses the past two years. Debt swelled to the equivalent of $3.1 billion at the end of June. The stock plunged 94 percent from its record set in February 2000. Yet Softbank qualifies for the Nikkei according to trading criteria established by Nihon Keizai Shimbun Inc., the publisher that compiles the stock-market benchmark. Five securities firms surveyed by Bloomberg News all chose the company as one of the most likely candidates for addition. quote.bloomberg.com

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