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


To: TobagoJack who wrote (4435)3/13/2000 8:30:00 PM
From: TobagoJack  Read Replies (1) | Respond to of 6018
 
And here is another one of them *&*^*%$#%$^. What do we really believe happened and do we still believe?

Stock Outlook: Money To Return To Info Stocks In April

TOKYO (Nikkei)--Information-related equities as a whole have been rising rapidly, so the drop Monday concentrated in that sector, says Yutaka Nakai, head of the investment strategy division at Daiwa Asset Management Co.

He also points to the approach of the March fiscal year-end as another source of the turmoil, but maintains that the stock market decline is only a temporary phenomenon. There has been no change to the scenario where information-related companies take on a leading role in growth, Nakai contends.

Beginning in April, if investors plow their funds back into Softbank Corp. (9984), Sony Corp. (6758) and Hikari Tsushin Inc. (9435) then those issues will rebound, he says.

(The Nikkei Financial Daily Tuesday edition)

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