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Technology Stocks : Webhire (HIRE) - Enters the Softbank Web -- Ignore unavailable to you. Want to Upgrade?

To: Tai Jin who wrote (15)	7/24/1999 5:13:00 PM
From: Gutterball	Respond to of 41

From looking at #reply-10588945, as well as other buyins Softbank and its affiliates have made, I'd say Softbank gave Webhire $20 million and BOT another 1.67 million shrs from Amazon.con at $6.43 per shr. Webhire has 30 million shrs authorized and presently some 10.7 million shrs oust. For Softbank to own 40% of Webhire, they need about 4.28 million shrs. They picked up 1.67 million shrs from Amazon.con and BOT about 2.61 million from Webhire (about $7.66/shr). Reports have yet to be filed with the SEC cuz the deal probably hasn't settled but my guess, we'll be looking at 13.1 million shrs oust when it does. Softbank and its affiliates own over 200 internet companies. Between them, they buy and sell companies like they are going out of style. Here is a list of Softbank Subsidiaries... softbank.co.jp Now, here is a look at the activity of one of those subsidiaries -- Softbank Technology Venture. sbvc.com and don't over look Softbank Technology Venture hall of fame... sbvc.com As such, the employee churn in the Softbank web is as high as a day trader's account and Softbank has decided it is cheaper to own their own internet placement service than rent. With the economy in Japan recovering, Softbank is setting itself up to be the big boy on the internet in Japan and it is using what it has learned in the US to do it. It has been some time since I have scouted Softbank URLs in Japan. But get a load of this. See any Icons you recognize? softbank.co.jp Here are some US companies Softbank has invested in. I believe you will agree, Webhire has joined an elite group... softbank.com Here are some US companies Softbank is helping to focus on Asia... softbank.com Did you pick up on Pasona Softbank? pasonabank.co.jp Now that Softbank dominates Webhire we may see a closer relationship with Pasona or some other Softbank company. Don't forget, Softbank BOT into Geocities before it sold Geocities to Yahoo! It BOT into Net2Phone before it brought the IPO out which should debut this next week. It bought ZiffDavis and then delivered the ZDNet tracking stock and is now contemplating selling ZD and keeping ZDZ. I trust you are beginning to see how Softbank creates value for itself and shareholders. Another thing, many startups fail because they do not have the resources to compete. Having a big brother that throws business your way, say a contract with Yahoo!, can make the difference between HIRE and HIREQ, if you know what I mean.