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

To: kai_kai who wrote (3399)	1/20/2000 5:00:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 6018

I've probably asked this question in the past, but with all this hoopla about Yahoo Japan coupled with the fact that we own a chunk of these guys, can someone please tell me why this is not reflected in the recent price of Softbank??

To: kai_kai who wrote (3399)	1/20/2000 3:31:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

Yahoo Japan as currently capitalized is only available to institutional buyers at this point due to the high cost of entry. If it was listed on the Nasdaq Japan and also on Nasdaq US (and later Europe) and could be freely traded and if they had a 10,000 to 1 stock split, is it likely that the price of the stock might move up a little? <G>. I suspect that the stock buying public in Japan would jump at the chance to buy the premier internet stock visible on the internet. Softbank's investment in Yahoo Japan will eventually surpass the total value of Softbank's investment in Yahoo US under this scenario. I used to laugh at the high price of Buffet's Berkshire Hathaway, but Yahoo Japan's price of around $900,000 for one share is beyond laughter. Even on top of the 2 for 1 split that is in the works, a 10,000 to 1 stock split would only bring the stock price to $45. The current price does keep out the riff raff <G>.