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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Spytrdr who wrote (11076)1/26/2000 11:55:00 PM
From: Spytrdr  Respond to of 13953
 
Hot Stocks-Japan: Banks, Softbank, Suruga Bank

TOKYO, Jan 27 (Reuters) - The following stocks are on the move on Thursday.

0402 GMT - Banking shares up amid heavy trade on bargain-hunting, traders said.

Fuji Bank Ltd up 80 yen or 8.42 percent at 1,030. Industrial Bank of Japan Ltd up 82 yen or 9.04 percent at 989. Sakura Bank Ltd up 43 yen or 6.85 percent at 671.

Banking shares had been declining since late last year after a sharp rally inspired by a series of merger announcements.

0335 GMT - Softbank Corp up 1,100 yen or 1.18 percent at 94,000 after it said it will set up an online bank branch this year with Suruga Bank Ltd .

Suruga Bank shares bid-only since the afternoon session began at 1,451, against its Wednesday close at 1,408.

Softbank also announced it will float E*Trade Japan, an online brokerage joint venture with U.S.-based E*Trade Group Inc (NasdaqNM:EGRP - news), on the new Nasdaq Japan exchange in the third quarter.

0053 GMT - Yahoo Japan up by its daily limit of two million yen at 101 million.

Bought on investor belief it will remain the dominant Internet portal in Japan, analysts said.

Yahoo Japan had been under selling pressure in recent sessions after last week becoming the first Japanese stock ever to be traded above 100 million.

0032 GMT - Enix Corp ask-only at 9,110, down from Wednesday's closing price of 9,810, after the major game software publisher postponed the launch of the next version of its blockbuster Dragon Quest game software to the end of May from late this winter.

Enix concurrently revised down its parent-only current profit forecast for the year to March to 4.1 billion yen from an earlier forecast of 15.06 billion yen.

0005 GMT - Sony Corp bid-only at 25,880 against its close on Wednesday of 25,480.

Sony announced stronger-than-expected earnings on Wednesday after the market closed. It posted an consolidated operating profit of 164.2 billion for October-December, down 10.2 percent year-on-year but better than most analysts' expectations.



To: Spytrdr who wrote (11076)1/27/2000 12:43:00 AM
From: Candle stick  Read Replies (3) | Respond to of 13953
 
Actually the best deal would be for EGRP to buy AMTD.....
they would save a couple hundred million in advertising costs and dominate the online trading arena...can't believe it hasn't already happened....this area is due for consolidation, IMHO.....;^)