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

To: Hans U. Tschanz who wrote (1187)	8/3/1999 11:50:00 AM
From: Edwin S. Fujinaka	Respond to of 6020

Hans,...I always envy those who get in on hot IPOs at the initial offering price. I have only gotten in on IPOs that nobody wanted and my broker would call and beg me to buy some. I have heard that ETrade has some sort of lottery process to distribute IPOs and I do have a new ETrade account but not in Japan. I think others have said that if you have an E*Trade Japan Account you may have a shot at some of these new ipos. I think that CMGI has some sort of deal to give CMGI shareholders a chance at the CMGI subsidiary IPOs but I have no details on that. It seems to me that it might be a good policy for Softbank to give some sort of preferential treatment on IPOs to their existing shareholders (perhaps tied to some sort of holding period).

To: Hans U. Tschanz who wrote (1187)	8/3/1999 12:36:00 PM
From: Anchan	Respond to of 6020

Hans U. Tschanz asks: [...] My broker (in Europe) told me when I asked to place an order for Softbank Technology "no chance to get some shares" so my question to you is: Do I have to open an account in Japan in order to eventually get some of the future Softbank IPO's ? If so, what broker would you recommend? Andreas whimpers, wiping away his tears: Softbank Technology was offered by E-Trade Japan (which is, of course, a joint-venture of ETRADE and Softbank). I had opened an account with them (easy, since I live in Japan) and tried to get to them through one of their phone numbers (Etrade Japan's online trading not yet ready). Their phones were jammed. No way of getting through. I gave up. Had I received the shares I had wanted to apply for, I could almost retire now, 2 weeks later, rather than having to drown with my net+tech heavy stock portfolio sinking to 1929 levels. Sigh.