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To: Gutterball who wrote (261)7/22/1999 12:29:00 AM
From: SteveG  Read Replies (1) | Respond to of 553
 
I missed the salience of the post/link, but you are dead-on on the news to come relationship.



To: Gutterball who wrote (261)7/22/1999 1:18:00 AM
From: Gutterball  Respond to of 553
 
Lehman Bros ups Softbank target to Y50,000/share

TOKYO, July 21 (Reuters) - Lehman Brothers said on Wednesday it had raised its 12-month target for Softbank Corp's share price to 50,000 yen from the target of 41,600 yen set on June 7.

Softbank's Internet-related agreements and investments announced since early July, such as deals with NASDAQ, News Corp , Vivendi and Tradescape.com, will help increase its stock value, analyst Ravi Sarathy said in a statement.

Sarathy also cited Softbank's strategy of shedding non-Internet assets and its listing of several affiliates over the last five weeks, including Pasona Softbank , BackWeb (Nasdaq:BWEB), Interliant (Nasdaq:INIT) and E-Loan Inc, as reasons for raising the target price.

Three or four more Softbank affiliates are expected to go public by the end of this year, Sarathy added.

(Note: this article is ''in progress''; there will likely be an update soon.)



To: Gutterball who wrote (261)7/22/1999 4:32:00 PM
From: White Shoes  Read Replies (1) | Respond to of 553
 
Hello!!!

Well it's still there, Dan. As long as it stays off Yahoo, it might stay up. Good going!