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

To: Edwin S. Fujinaka who wrote (5227)	6/3/2000 8:24:00 PM
From: TobagoJack	Read Replies (2) \| Respond to of 6020

I am actually much more enthusiastic about golf courses than i.net and e.com enabled shopfronts. The zero interest rate policy in Japan will yet enable the very largest still of asset bubbles in the whole wide world and Son will see to it that we will be fully engaged. I had to think of some story to keep enthusiastic.

To: Edwin S. Fujinaka who wrote (5227)	6/4/2000 5:29:00 AM
From: Seeker of Truth	Respond to of 6020

RE: back in fat city. Edwin, you're surely right about Nasdaq Japan. Here in Canada the banks lend on residential mortgages, credit cards, large corporations, and that's about it. It's like Japan; banks don't venture. Canada has 11% of the population of the US and less than 1% of the new tech companies. Japan also has a low per capita development of new tech companies, for the same reason, nobody wants to finance them. Jasdaq is the solution. Who benefits most? Those who are incubating the new companies. According to what I read in Japan, Softbank will sooner or later divest most of its DIRECT financial interest in Nasdaq Japan. The INDIRECT advantage, i.e. the provision of a respected and gigantic market place wherein the public plays the role of the venture capitalist, this indirect advantage is enormous.