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

To: mact who wrote (2252)	11/9/1999 1:52:00 AM
From: dk10438	Respond to of 6020

looks like u went to bed a little 2 early, 9984 gave up a lot of its gains and only closed up 1900 yen, not 2000, not a bad days work and only disappointing if you saw it it +3000 yen several times like i did, lol....

To: mact who wrote (2252)	11/9/1999 2:44:00 AM
From: TobagoJack	Respond to of 6020

Mact, 9984 also announced taking a stake in Sina.com, an imminent IPO candidate competing with China.com. Another note, Internet Initiative Japan and ICGE options will start trading November 12th. We are readying for it with a smidgen of research and some refreshment for Friday open.

To: mact who wrote (2252)	11/9/1999 5:28:00 AM
From: TobagoJack	Read Replies (1) \| Respond to of 6020

Salivating and lining up for market ...More good news from our favorite Son ... To save you the trouble of taking out the calculator, the last number of 100 billion yen in client is US$ 952 million. Um, let assume 0.5 turn of account per year at 2% commission, that would be 9.4 million US in commission, at a revenue multiple of, oh, say 65, gives a market cap of 615 million (per that Lehman Report so long ago). 11 million original investment from 9984 (58%) could be at 356 million, a 32 multiple on investment, beating 9984 average of 14. Speed up the client's portfolio turn by 100% via Japan Nasdaq (buying other 9984 investee companies?) would result in ... can it be true? Son has nothing much left to learn from the best of VCs. Softbank says to list three Japan units in 2000 TOKYO, Nov 9 (Reuters) - Leading Japanese internet investor Softbank Corp said on Tuesday that three of its finance units, including online brokerage ETrade Japan, will go public next year. ETrade will go public in the third quarter of calender 2000, with Nomura Securities Co serving as lead manager, Softbank's vice president Yoshitaka Kitao told a seminar. Shares in investment information service company Morningstar Japan will be listed in the second quarter of 2000, lead-managed by Daiwa Securities. Venture-capital firm Softbank Investment will float its shares in the fourth quarter of 2000, lead-managed by Nomura Securities, Kitao said. Kitao said ETrade Japan will not charge commission fees during the month of its initial public offering, in order to commemorate the listing. Funds raised through ETrade Japan's listing will be used to develop systems and promote the company's brand name, Kitao said. E*Trade Japan, which launched an Internet-based brokerage service in Japan on October 1, has a total of 100 billion yen in client accounts, Kitao said.