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

To: TobagoJack who wrote (4669)	3/29/2000 8:11:00 PM
From: mact	Read Replies (2) \| Respond to of 6020

bid only--limit up so far...actual trading is not needed tonight!<gg>.

To: TobagoJack who wrote (4669)	3/29/2000 10:11:00 PM
From: Taikun	Read Replies (2) \| Respond to of 6020

BTW, Did Yahoo Japan split? I see 66.9m yen but earlier this week it was 120.4 at biz.yahoo.co.jp I wonder if the share split has anything to do with the Yahoo Investment Holding Act dilemna? I also wonder about Idealab! as well with their S1 filing which has been delayed. I think they still have shares in Goto.com and carsdirect.com (currently selling 2000 cars/month!!) Today I was at the Golden State Capital Network. 20 startup companies presented, most had first rounds of less than $1m and they were raising their next round of $10-20m!. I heard of a company that recently packaged all their rounds A-F in their A round to save time!! Maybe Softbank could start a service called packaged IPO and sell Delaware company registration, Series A financing and S-1 registration! Gary Burke from Nasdaq's Silicon Valley office said the unprofitable companies on the Nasdaq outperformed the profitable ones in '99...no surprise. Well, in Japan when you celebrate you eat sushi, so time for some raw fish!

To: TobagoJack who wrote (4669)	3/30/2000 2:46:00 AM
From: Edwin S. Fujinaka	Read Replies (2) \| Respond to of 6020

In some ways, Softbank is suffering the same problem that individual investors in the US have. We are reluctant to incur capital gains taxes when we sell an appreciated stock. Amazingly enough, most of us are still in short term territory. There will be time later for a secondary offering of Softbank stock when the market for Softbank shares is booming again (which I have every expectation will occur). I think they should reconsider the form of any new financing like perhaps a preferred issue that can be sold to institutional investors; possibly in conjunction with an ADR or other American trading vehicle.