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

To: LOGAN12 who wrote (5256)	6/7/2000 1:29:00 AM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 6018

According to the Schwab guys, the split shares may be delivered to them on June 23 on schedule, but they may not show up posted to our accounts for a few more days. Although I have been theorizing that the Softbank stock price might take a hit as people rushed to dump their new shares, I currently think that other factors will overwhelm this small effect. There will be so much news surrounding the Japan Nasdaq opening along with indications of new listing as well as continuing stories and analysis of the Nippon Credit Bank deal that the new shares will be just a tiny blip. And that blip will be just a pimple on the relatively small (but influential) American market. There could be more news on the China telecom situation and UTStarcom as well as some additional discussion of the effect that Son advising Taiwan may have. In this context, this rumor reported at Newsmax.com may be pertinent: China Prepares for War With Taiwan Hardly a day goes by without generals from the People?s Liberation Army showing the Chinese Communist leadership petitions ? often written in blood ? from soldiers willing to die for the "liberation of Taiwan," reports the South China Morning Post. Zhang Wannian and Chi Haotian, two ranking PLA generals, have already been preparing civilians living in regions near the Taiwan Strait with the possibility that facilities such as airports, vehicles, factories, ports and warehouses may be taken over by the army to serve wartime needs. According to Defense Minister Chi, civilian authorities must keep PLA requirements in mind whenever building public structures. China has already received its first supply of 24 SS-N-22 Moskit or "Sunburn" nuclear-capable anti-ship missiles from Russia and will be expecting a second shipment of Moskit missiles later in the year. The Moskits can wreak havoc on U.S. aircraft carriers as well as ships using Aegis management systems that may be sent to the region if war breaks out between the two Chinas. The missiles will be used in Sovremenny class destroyers, which China has acquired from Russia. China may buy more of the Russian destroyers in the future. Russian sources say with more contracts currently in the works between China and Russia, Beijing may soon have at its disposal Moinia missile-firing motorboats also armed with Moskit missiles. According to Hong Kong?s Tai Yang Pao, PLA missile units are also being sent to southern Fujian province, across from Taiwan, as part of a four-step plan to attack the island. In the attack, China is willing to lose three jet fighters for every Taiwan jet destroyed. The plan is reportedly scheduled to begin in September and includes the blockade of Kaoshiung port, an amphibious landing on Penghu archipelago, and a ballistic and cruise missile blitzkrieg on Taiwan?s civilian and military infrastructure. Tuesday June 6, 2000; 10:17 AM EDT