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

To: TobagoJack who wrote (3239)	1/12/2000 1:11:00 AM
From: mact	Read Replies (1) \| Respond to of 6020

great news for 9984...GS is going to lead us higher!!!!...now we have the support of Lehmans, ML and GS. TOKYO, Jan 12 (Reuters) - The following stocks are on the move on Wednesday. 0521 GMT - Softbank Corp up by its daily limit of 5,000 yen, or 6.13 percent, at 86,600, helped by early-afternoon news that Goldman Sachs set a 12-month share price target for the Internet investor at 184,000 yen. 0413 GMT - Sunkus & Associates bid-only at 5,200, up by its daily limit of 500 yen from Tuesday's close, and Circle K Japan up 410 yen or 8.74 percent at 5,100. The convenience store chain operators said earlier on Wednesday they would form an "Internet supermarket" with four other firms, including Softbank Corp and Hikari Tsushin . 0112 GMT - Kirin Brewery Co Ltd up by its daily limit of 200 yen, nearly 20 percent higher at 1,277, on news it was in a strategic alliance with Medarex , a U.S. biopharmaceutical company. Other biotechnology-related issues have been rising since the start of the year, including Takara Shuzo Co Ltd and Kyowa Hakko Kogyo Co Ltd , which were the two most heavily traded issues on the Tokyo Stock Exchange's first section. 0100 GMT - Oil refining firm Tonen Corp up 50 yen or 8.26 percent at 655. On Tuesday, the oil refining firm forecast a group net profit of 35 billion yen in the year to end-December 1999, against a previous forecast of 26 billion yen. 0055 GMT - Biotechnology-related issues up, with some investors taking refuge in such shares while high-techs fall. 0024 GMT - Nippon Television Network up 15,000 yen or 14.71 percent at 117,000 and Fuji Television Network up 140,000 yen or 9.4 percent at 1.63 million, extending Tuesday's sharp gains. Media firms attracted keen buying interest after news earlier this week of a merger deal between Internet service provider America Online Inc and media giant Time Warner Inc . ((Tokyo Equities Desk +81-3 3432 8837

To: TobagoJack who wrote (3239)	1/12/2000 3:39:00 AM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6020

Since Rupert is entering into his second adolescence, he could be forgiven for neglecting the family business and running off to play <G>. Hell, I would. (If I had $15 billion). While He wasn't looking, Yahoo or even Softbank might take a nibble. Seriously, I would be surprised at that. I mean, Softbank already has Ziff Davis and Comdex and is trying to shed some of this kind of stuff. It seems to me that the earnings growth of AOL is going to slow dramatically after this merger. I guess we'll see. In the meantime I see that Softbank and Nasdaq is beginning to discuss their global ambitions more directly: Tuesday, January 11, 2000 Nasdaq Japan To Trade Currently Listed Firms TOKYO (Nikkei)--Nasdaq Japan hopes to trade shares of companies already listed on the Osaka Securities Exchange, the Tokyo Stock Exchange and other bourses, as well as those of firms making initial public offerings, it was learned Tuesday. The U.S. National Association of Securities Dealers, Softbank Corp. (9984) and the OSE are jointly planning to set up Nasdaq Japan on OSE premises at the end of June. To attract companies to list on Nasdaq Japan, the three concerns will stress that the market will by 2001 be linked to the U.S. Nasdaq and to Nasdaq Europe, which will be established in London. By the end of June, Nasdaq Japan will establish listing standards and trading rules to invite listing of promising start-ups. At the same time, "Nasdaq Japan will seek to become a venue where any firm listed on other exchanges can also have its stock traded," a senior OSE official said. Currently, shares of about 380 firms are traded on the first and second sections of the OSE. The early integration of these stocks into Nasdaq Japan's trading would enable the new market to enhance its attraction, stock market analysts say. (The Nihon Keizai Shimbun Wednesday morning edition)