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

To: TobagoJack who wrote (5161)	5/30/2000 1:17:00 PM
From: Edwin S. Fujinaka	Read Replies (2) \| Respond to of 6020

I agree that the Japanese Government will probably back down and permit the Softbank NCB deal to proceed almost as planned. There may be some face saving adjustments, but they will be minor. Softbank's comments have been muted and there is talk of scaling back their committment a little. At this point, if the deal blows up it will be a pretty major blow to all concerned. As in the US situation with Microsoft, it might contribute to an adverse effect on the entire market. An interesting development in the Venture Capital Business is the rescheduled IPO for Divine Interventures (DVIN) a Chicago based "Internet Zaibatsu" that appeared to me to be patterend after Softbank but is somewhat late to the party. Message 13796118 They are planning a rescheduled June IPO that was originally scheduled for March (I believe) but was derailed by the Nasdaq meltdown. The CEO, "Flip" Filipowski is a legendary salesman and he has the backing of Microsoft and Dell (among others). If the IPO succeeds, it will be back to the races for many of these venture capital funds. If it flops, it will leave the way clear for the established big boys to continue on with reduced competition. June should be the point where the near term future of Softbank is becoming clear to see. I am hoping for and expect to see a restoration of confidence in Softbank's business model coupled with more modest projections for the stock price that are more realistic and sustainable.