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


To: Yamakita who wrote (4750)4/5/2000 9:32:00 AM
From: Ken Sullivan  Respond to of 6020
 
This is a few months old. How does one get in on an IPO in Japan? Does ETrade have access to these since they are a Softbank company?

thanks
Ken

Wednesday January 19, 9:23 pm Eastern Time
>
>Cisco Japan unit aims to be first on Nasdaq Japan
>
>TOKYO, Jan 20 (Reuters) - Nihon Cisco Systems, the Japanese subsidiary of U.S. Cisco
>Systems Inc (NasdaqNM:CSCO - news), the largest maker of equipment that powers the
>Internet, said on Thursday it aims to be the first company to list its shares on the Nasdaq
>Japan stock market.
>
>``The first priority is to go public on Nasdaq Japan, and we'd like to be the first as well,' a spokesman for the Japanese
>subsidiary said.
>
>Nasdaq Japan is expected to begin operating in June. It is being set up by Nasdaq Japan Planning, a joint venture between the
>National Association of Securities Dealers (NASD), parent of the U.S. Nasdaq market, and Japanese internet investor
>Softbank Corp .
>
>In what is widely seen as a pre-emptive strike against Nasdaq Japan, the Tokyo Stock Exchange (TSE) last year set up the
>new Mothers market for star-up firms with high growth potential. It has listed two firms since its launch last November.
>
>Nasdaq Japan Planning president Tatsuyuki Saeki said on Wednesday that Nasdaq Japan aims to list as many as 100
>companies in its first year of operation, including 10 firms with market capitalisation of more than one trillion yen ($9.5 billion).
>
>The Japan Securities Dealers Association, which runs Japan's over-the-counter (OTC) market, also said 40 to 50 firms are
>expected to go public on the OTC market in the first half of this year, compared with 20 in the same period a year ago.
>
>TSE's Mothers, Nasdaq Japan and the OTC market are all battling to attract promising venture companies looking to raise
>funds to finance growth by selling shares to the public.
>
>



To: Yamakita who wrote (4750)4/5/2000 11:19:00 AM
From: b_spiral  Read Replies (1) | Respond to of 6020
 
I wrote this Feb 10, so the figures are old and the 8% is from memory, but it will give you an idea.
Cisco Japan IPO target....
I think Oracle is a good comparison.
Strategically linked with together with SUN for the internet and Oracle had a Japan IPO.
All figures from Yahoo and at 1$@100YEN.

Oracle US 169B$
Cisco US 440B$
ORACLE Japan (4716) 60B$.

It's possible that within 3months- Cisco Japan will have a valuation of 100B$+
Softbank owns 8% (from memory- please let me know if incorrect) and gains over 8B$ within a few months. The only possible flaw in this scenerio is that Oracle has an overwhelming market share and Cisco has some real competitors in Japan.

Looking good. BTW 4716 is no slouch either.

Gary