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


To: barbie13607 who wrote (3714)2/7/2000 12:26:00 AM
From: mact  Respond to of 6020
 
I agree SFTBF may not announce and/or sell all of their holdings - maintaining control of some for a "synergistic-monopoly" approach and portions of others for influence and income. I don't think Japan has any monopoly laws like the US. Perhaps this is another reason we will never see an ADR. I do foresee dividends one day (5-10 yrs)from their holdings

personally, i think the real reason why 9984 has not split(which they done 3 times within last 3 yrs) or released an adr in the US is because foreign equity mkts will soon trade with each other in seemless fashion, thanks to the internet...globalization is already taking place in the finance sector and when NasdaqJapan fires up, that will be the driving force for this globalization to take place...once that happens, then i think 9984 will split so the avergae investor can get their feet wet with 9984...at that point, an adr will not be needed as we will trade directly on the TSE from the US or wherever...jmo.

mact



To: barbie13607 who wrote (3714)2/7/2000 12:34:00 AM
From: Netwit  Read Replies (3) | Respond to of 6020
 
Read an interesting article in Smart Money.com entitled "Let's Go Europe". www.smartmoney.com/smt/markets/funds/index.cfm?story=20000204
Anyway, the gist of it is that the worst performing int'l funds ytd are funds emphasizing Japan: WPJGX: -12.1%; WPJPX: -9.9%; PAPAX: -8.6%; NJOAX: -8.3%. Isn't that something?

They say that institutional managers are reallocating their investments out of Japan and into the next hottest thing right now is Europe. They mention Swan Software of France up 217% in January alone.

Any thoughts on this?