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

To: swisstrader who wrote (4503)	3/17/2000 6:54:00 PM
From: Edwin S. Fujinaka	Read Replies (2) \| Respond to of 6018

It looks like the Economist had a little left over stuff that didn't make their other story. This was on Bloomberg a couple of hours ago. Softbank closed in the US at $1160 up only $10 from yesterday's close and down from a bid and asked of $1180 to $1230 a little earlier: Some Losses Hidden From Softbank Shareholders, Magazine Says By Rajiv Narayana Tokyo, March 17 (Bloomberg) -- Some losses from Ziff-Davis Inc. businesses were hidden from Softbank Corp. shareholders during the time the businesses were owned by a private company through which Softbank Chief Executive Masayoshi Son owned most of his Softbank stake, the Economist reported. Softbank and Son purchased Ziff-Davis in 1996, and some of its businesses were transferred to MAC, the private company. In 1998, Son sold the businesses back to Ziff-Davis for precisely what he had paid for them, the magazine said. Softbank owns about 70 percent of Ziff-Davis, according to Hoover's Inc. (Economist 3/18 63) For the Web site of the Economist: {EMST }.