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

To: swisstrader who wrote (2159)	10/30/1999 3:52:00 PM
From: dk10438	Respond to of 6018

my sentiments exactly, i am a former cmgi holder and liquidated recently b/c i think that most investors who are looking for a vc play are looking at icge b/c of its bias towards the b2b sector. although cmgi has been strong over the recent weeks, it will be a while b4 it evers breaks thru its previous 52 week high. the only reason i would consider getting back into cmgi is for the affinity program. softbank is the ONLY true global inet play in my opinion. it has been estimated that softbank owns approximately 5-7% of the internet. furthermore, its business plan is much more attractive than cmgi. if you knew how the inets would perform in the US markets 2 years ago, you would have been dumping all your money into US inets. well now you have the same opportunity for the asian and european internet sector. in asia the internet is in its infancy. over the next several years, the growth will be explosive. what better way to exploit that growth than investing in softbank. the only thing that stops me from putting more money into softbank is coming up with enough money to buy another 100 shares. softbank interest in the united states is increasing. presently it is trading at 423 on the US market. i believe that we will likely see over 500 by the end of december. softbank has over 100 inet companies incubating and holds large interests already established companies like geocities, yhoo, egrp, eeln, criticalpath, insweb, interliant and many others. for this reason, i think that softbank is the premier internet stock to own, jmho....