SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?


To: astyanax who wrote (3892)2/14/2000 5:59:00 PM
From: mact  Read Replies (1) | Respond to of 6018
 
wow, sftbf up 220 to close at 1700!...now thats power!



To: astyanax who wrote (3892)2/14/2000 7:01:00 PM
From: Edwin S. Fujinaka  Read Replies (2) | Respond to of 6018
 
Is this going to help Softbank in the Banking Ratings by Gomez? Anyway, I guess we all knew this was coming...

Nippon Credit to Be Sold to Softbank, Orix, Tokio, Nikkei Says
By Tak Kumakura

Tokyo, Feb. 15 (Bloomberg) -- The Japanese government, which
two years ago acquired financially troubled Nippon Credit Bank
Ltd., has decided to sell the long-term credit bank to a group of
companies led by Softbank Corp., Orix Corp. and Tokio Marine &
Fire Insurance Co., the Nihon Keizai newspaper said, without
citing sources. The group will acquire all shares of Nippon Credit
Bank for somewhere between 1 billon yen and 10 billion yen ($9.2
million to $91.7 million). After the purchase, Nippon Credit Bank
will also receive an additional capital infusion of more than 20
billion yen from the buyers.

Long-Term Credit Bank of Japan Ltd., another long-term credit
bank placed under the government receivership, will be sold to
Ripplewood Holdings LLLC, a U.S. buyout firm.

(Nihon Keizai, 2/15, front page)
For the Nikkei web site, type NKEI



To: astyanax who wrote (3892)4/18/2000 11:51:00 AM
From: astyanax  Read Replies (1) | Respond to of 6018
 
Gomez + Softbank. Well, well. I didn't notice until now that 2 days after my last post (below) that Softbank funded Gomez. I belatedly noticed Ganesh's post at the motley fool where he mentioned my posts and this newswire followup:

home.snap.com

Bloomberg News: "Gomez Advisors Raises $30 Mln From BancBoston, Softbank, Others"

As the wire mentions, gomez.com helps consumers conduct "due diligence" on 25 industry 'scorecards'. The company plans to finance expansion into japan and "may sell stock to the public later this year."

- Netconductor.com

>>Netconductor again wrote on 2/14/00:
Followup on Softbank & Gomez. Gomez ranks Webvan #1. Surprise.

biz.yahoo.com

- Netconductor.com

>>In December, I wrote:
Softbank to formally purchase gomez.com (Gomez advisors)?

Gomez is the leading independent rating agency for online financial services. In their latest survey, the Softbank
empire nearly makes a clean sweep of the categories.

1. Mortgage E-Loan Score: 7.94
1. Insurance Insweb (review) Score: 6.44
1. Brokers E*Trade Score: 7.74

Only the bank ratings keep Softbank from dominating the online financial world, as rated by Gomez. I know very
little about Mortgage (most 24-year olds don't worry about that kind of stuff). As for Insweb, I wonder if people
find it much better than Quotesmith, Quicken InsureMarket, etc? As for e-brokers, I question the reliability of this
score. Lots of anecdotal evidence suggests that E*Trade doesn't deserve to sit atop of the ebroker rankings every
quarter.