Softbank Group Corp Message Board

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Technology Stocks : Softbank Group Corp

SFTBY 70.44

-3.2%

Nov 7 9:30 AM EST

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To: TobagoJack who wrote (128)	5/3/1999 2:47:00 AM
From: Edwin S. Fujinaka	Read Replies (1) of 6018

Jay,...I think I saw only the first Merrill Lynch Report on Softbank on April 21st. Or maybe they had a more complete Report for their own clients. Anyway, I'm in the position of hoping that Softbank goes down a little so I can buy in before they get listed here in the US. If I recall, you or someone else posted an effective net asset value of around $190+ per share (subject to the usual big internet swings) while the current price of the Softbank stock is around $133 converted from Yen. This seems to be analogous to the usual discount from net asset value that closed end funds often endure. The thought of an internet closed end fund sort of boggles the mind. <G>.

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