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

To: dk10438 who wrote (1322)	8/15/1999 11:56:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6020

Softbank does not seem to just follow the other Internet Stocks in a lock step fashion. Since April, many of the Internet Stocks are down 50% and softbank has almost doubled in that time. Softbank is no longer selling at a large discount to the value of their publicly traded portfolio, but is probably still a good value compared to the CMGI stock portfolio. I think that CMGI is a good Company, but I see Softbank as even better in comparison. I will definitely settle for a 1% gain every trading day as a long term average <G>. That's what the 300 Yen uptick you disparage amounts to.

To: dk10438 who wrote (1322)	8/16/1999 9:40:00 AM
From: Tom Bunge	Read Replies (1) \| Respond to of 6020

Somehow, it is your/our chance that the correlation between the US nets and SoftBank be so tenuous. I am not looking forward to the days when a 5% down on Yhoo will trigger the same in SB. Why has SB been behaving in such an uncorrelated manner, in face of US institutional interests, US net holdings (though we know of the breadth of their interests, especially in Japan) etc. remains a bit of a mystery to me, but I feel that it is a rather positive factor. Wouldn't mind to be challenged on this one, though. I am a 'long', 3 months ago. Cheers - Tom