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Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: astyanax who wrote (1179)	8/3/1999 4:21:00 AM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6020

I saw your comment on the postings slowing down and we should probably keep in mind the relatively thin trading in the US for this stock due to difficult availability. Nevertheless, I continue to be impressed at the quality of the comments that are posted for Softbank especially on SI and the other Boards. I hope people are not too disappointed at the moderating in the stock price rise. We should not expect a triple every six months <G>. For the extreme gyrations, people should look towards the smaller new listings like Softbank Technology and the future Softbank IPOs. The parent Softbank will be more like the proverbial ocean liner and may even weather some strong downturns in the Internet Sector. Anyway, Softbank closed in Tokyo at about $267. There was some news on the plans for Nasdaq Japan: Monday, August 2, 1999 Nasdaq Japan Planning To Aid Start-Ups List On New Exchange TOKYO (Nikkei)--Nasdaq Japan Planning Co. will help start-up firms get listed on Nasdaq Japan, the private stock market scheduled to start operations next year, company sources said. The firm, responsible for preparations to establish the new exchange, will hold quarterly seminars where 500 to 1,000 start-up companies can exchange ideas with venture capitalists. The seminars will help companies find the necessary capital, personnel and management know-how needed to meet opportunities for growth. Progress reports on firms preparing for listing will be made available on the Internet. This month, the Nasdaq Japan Club began taking applications for free membership from non-listed companies. Joining is a prerequisite for participating in the seminars and receiving assistance from Nasdaq Japan Planning. The National Association of Securities Dealers, which founded and runs NASDAQ in the U.S., jointly established the planning company with Softbank Corp. (9984) on June 18. They each invested 300 million yen in the firm. Masayoshi Son, president of Nasdaq Japan Planning as well as Softbank, said, "I want to make Nasdaq Japan an active market, listing about 100 new companies a year." (The Nihon Keizai Shimbun Tuesday morning edition) Copyright 1999 Nihon Keizai Shimbun, Inc., all rights reserved.