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

To: Labrador who wrote (3323)	1/16/2000 9:50:00 PM
From: Edwin S. Fujinaka	Respond to of 6018

More details on News Conference at 4 PM in Tokyo: Tokyo, Jan. 17 (Bloomberg) -- Softbank Corp., Japan's largest Internet service company, said it will form a new joint venture to provide electronic commerce. The company will hold a news conference at 4 p.m. Japan time to discuss the details. The move is the latest in a series of Internet commerce joint ventures the Tokyo-based company has been establishing. The company said last week its Softbank Investment unit will take a 10 percent stake in a virtual convenience store planned by retailer Sunkus & Associates Inc. and others. Shares rose as much as 5.5 percent to 95,900 yen, their exchange-imposed limit. NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.