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

To: TobagoJack who wrote (1431)	8/24/1999 1:34:00 PM
From: Seeker of Truth	Respond to of 6020

By the way, yesterday Steve Harmon said that "to me, CMGI has the potential for a 30 billion market cap within 36 months." Of all the companies in the world, CMGI is the one that most resembles Softbank. Harmon's hedged statement means that he thinks CMGI COULD quadruple from its price then of about 80. Softbank has similar potential, IMHO. But there will be many wild drops for both these stocks because the capital gains come sporadically, not regularly like ordinary earnings.

To: TobagoJack who wrote (1431)	8/24/1999 7:02:00 PM
From: Yamakita	Read Replies (2) \| Respond to of 6020

Since I have access to the Nikkei, I'll try to pick up the slack while Edwin is gone. I don't think this one's been posted yet: ~~~ Tuesday, August 24, 1999 Nasdaq-Japan Plans Working Groups To Plot Market Details TOKYO (Nikkei)--Nasdaq-Japan Planning Corp. will form four key working groups next month that will hammer out details of the workings of the electronic stock market planned for the year 2000. Nasdaq-Japan Planning, itself a 50-50 joint venture between Softbank Corp. (9984) and the National Association of Securities Dealers, is inviting eight securities companies, including the three largest in Japan, as well as Bank of Tokyo-Mitsubishi (8315) and Fuji Bank (8317) to participate in the working groups. But at least some of the brokerage firms have expressed reluctance to join, out of concern that their participation could be taken as a seal of approval for the Nasdaq-Japan market. Nasdaq-Japan Planning, for its part, says it wants only to have its rule-making process take into account the views of market participants. Nasdaq-Japan will provide an electronic trading system built on the screen-based approach used by the Nasdaq stock market in the U.S. Leading Japanese and U.S. securities firms are expected to serve as market makers. The four working groups -- focusing on listing standards, trading execution, settlement and self-regulation -- are expected to take around two months to produce proposals. Nasdaq-Japan Planning, meanwhile, will set up a panel to study accounting standards, information disclosure and other issues. (The Nikkei Financial Daily Tuesday edition)