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

To: Taikun who wrote (4278)	3/7/2000 8:14:00 PM
From: TobagoJack	Respond to of 6018

Oops. I see it as Tepco getting greedy. A clear headed thought through after a rapidly closed deal often leaves one party (often the new boy on the block) feeling foolish. I guess the market opened. The wind is blowing furiously now. Down with the sails, close the hatches, and definitely put on the life vests. There is some salt water to down today.

To: Taikun who wrote (4278)	3/7/2000 8:21:00 PM
From: Jonas1	Read Replies (1) \| Respond to of 6018

Companies realizing they don't need Softbank for everything. What does Tepco need Softbank or Microsoft for to set up high speed access? Back a few months ago, the i-net was new. Now Japan is flooded with VC money. Suspect same happened with the 7-Eleven bank deal. Still, I would think that "a deal is a deal". I guess there were some escape clauses. Jonas

To: Taikun who wrote (4278)	3/7/2000 9:51:00 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

Bloomberg's take on Tepco pullout. Notice that a Tepco spokesman denied the report.: quote.bloomberg.com TEPCO to Pull Out of Softbank, Microsoft Venture, Yomiuri Says By Hiroshi Suzuki Tokyo, March 8 (Bloomberg) -- Tokyo Electric Power Co., Japan's biggest utility and which supplies power to the Tokyo area, will withdraw from an Internet joint venture set up by Softbank Corp. and Microsoft Corp., the Yomiuri newspaper reported, citing without sources. The venture, SpeedNet, is expected to approve the withdrawal of TEPCO at its board meeting late this month and to decide a delay in the timing of scheduled start of its fixed-charge Internet access service. There is a high possibility of the joint venture itself to be liquidated, the paper said. A TEPCO spokesman denied the Yomiuri report. (Yomiuri, 3/8, p8) To access the Yomiuri Web site, type DYOL