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


To: Altaf Amin Jadavji who wrote (2685)12/11/1999 6:27:00 PM
From: Seeker of Truth  Read Replies (1) | Respond to of 6018
 
Fujitsu is less a service company than IBM and more a manufacturing company. They make disk drives, PCs, main frames, air conditioners, you name it. Of course they know about internet and they want to remain the leader in internet access providing. Yet, SONY has a greater component of internet interest. Recently SONY announced plans to open an online bank in mid 2001. However if you want a pure internet stock based in Japan, only one really fits the bill, i.e. Softbank. Softbank is the least dependent on the traditional economy which is in serious trouble in Japan.



To: Altaf Amin Jadavji who wrote (2685)12/12/1999 4:06:00 AM
From: Edwin S. Fujinaka  Respond to of 6018
 
It is probably useful to read back through this Board to pick up background information on Softbank. There are more references to useful web sites posted here than on most of these bbs. People share information pretty unselfishly and try to post relavent information without much hype.

For a collection of useful web sites to visit, Ganesh has compiled an awesome list:

geocities.com

I think this Bloomberg site is one of the more comprehensive for quotes and charts and news on SFTBF. Their quotes are updated only once a day:

quote.bloomberg.com

If you are in the US, you have to buy Softbank through the Over the Counter Pink Sheet listings. Merrill Lynch is one of the major market makers but they usually quote a 20 point spread between the bid and asked prices. It is usually better to have your trade executed overnight on the Tokyo Stock Exchange. I use the Schwab Global Trading guys (who are located in Phoenix, Arizona; 800-992-4685). You can probably get a quote during the day from them, but they are only supposed to deal with their own customers. Good luck.



To: Altaf Amin Jadavji who wrote (2685)12/12/1999 3:37:00 PM
From: Tom Bunge  Respond to of 6018
 
Splits with Japanese Stocks

TrenMicro, worlds largest antivirus producer split announced 3:1 split in early August when stock was at Yen 35,000; post split, it reached Yen 25,000 by mid November and is now at about Yen 20,000.

The split basically doubled its value.

By the way, you can buy it as an ADR in the US under the symbol TMIC

Good luck