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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Kevin who wrote (12511)7/9/1998 5:45:00 PM
From: joe feirouz  Read Replies (3) of 27307
 
Read the below article.

I do not mean to offend any of our Japanese friends but lets
face it they are not the best investors.

They bought houses and real estate in Hawaii at the peak of
the housing market and then sold at huge losses. Then they
used that money to invest in their own countries market and
the rest is history.

What I am trying to say is Japan as a country is one step
behind the investment trend and they have a history of getting
burnt.

Love the cars, love the food and love the people of Japan ---I
just do not need financial advise from them.

Newsbytes, Thursday, July 09, 1998 at 14:53

TOKYO, JAPAN, 1998 JUL 9 (NB) -- By Martyn Williams, Newsbytes. Japan's Softbank Corp. [TOKYO:9984], a major Japanese software distribution and publishing firm, is increasing its stake in Yahoo! [NASDAQ:YHOO], the leading Internet directory service. The company's Softbank Holdings, Inc., unit bought $250 million worth of Yahoo! stock in a private placement. The deal pushes Softbank's stake in Yahoo! from around 29 percent to just under 31 percent.
Reported By Newsbytes News Network: newsbytes.com
20:28 CST
<BR>Reposted 10:44 CST
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