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Technology Stocks : Softbank Group Corp

SFTBY 57.33

+0.9%

Dec 29 3:59 PM EST

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To: TobagoJack who wrote (190)	5/26/1999 3:31:00 AM
From: Edwin S. Fujinaka	Read Replies (1) of 6020

Softbank down to around $118 along with Yahoo/Japan down the limit again. Yahoo Japan is less than half of it's high reached earlier this year. For conventional stocks, this would be considered a crash. For Internet Stocks, these 50% swings seem to part of ordinary volatility. I suspect that we haven't seen the bottom yet. Some other news: Tuesday, May 25, 1999 DirectAdvice Offers Low-Cost Financial Planning Over The Net LOS ALTOS, Calif. (Nikkei)--DirectAdvice.com Inc., a U.S. start-up with funding from Softbank Corp. (9984), has begun offering personalized, comprehensive financial-planning services to individuals via the Internet. DirectAdvice has developed software to create investment plans based on personal information submitted via the company's Web site. By making its services available over the Net, it has been able to cut its fees to 75 dollars a year, less than a tenth that of conventional investment-counseling firms. DirectAdvice also plans to exploit the liberalization of Japan's investment industry and form a joint venture with Softbank to offer investment-counseling services as early as this year. (The Nikkei Industrial Daily Tuesday edition

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