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

To: mact who wrote (5625)	12/15/2000 1:41:34 AM
From: ms.smartest.person	Respond to of 6018

mact, I think I saw news release on efinet predicting Fed will lower rates 1-2 pts this coming year. The economy sure looks like it needs one ASAP, maybe 1/2 pt. IMO if it look like hard landing (MHO) perhaps AG will give us two 1/2 pts close together SOON (are your listening Alan?). When I read the SFTBF/Korea article there was also another article regarding Korea's other Korean competitors. My memory (short term is going <g>) seems to think at least one of the other 2 was getting some boost from govt and had better prospects. The SFTBF et al. investment was critical to Korea and hopefully that will be sufficient to get it over cash crunch. Of course, like rabbits, these Asian companies keeping on multiplying shares. You were right on B2C - don't remember if I was ever pro B2C. If so, it must have been back in my pro-AMZN days. I think Jay's post on Amazon being just a store is good picture to see when looking at these internet-only companies. Wanna buy some Garden.com <g> - cheaP? I loved their website, products and info. Nothing else like it out there IMO. Unfortunately, there were not enough like me out there. and... No way could I buy enough of their products to keep them alive; but I gave it my best try. fibers? We sold JDSU & SDLI in summer. Unfortunately, we bought a little bit of CORV in October at $53 (and I thought that was a bargain!). I keep hoping CSCO will buy CORV with the PPS being so low. Since CSCO tried to buy them before their IPO, I keep hoping JC will grab them soon. My better half (the eternal optimist) keeps saying they will all come back. What I need is to know is WHEN. Happy holidays, Merry

To: mact who wrote (5625)	12/16/2000 5:00:38 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 6018

Softbank venture capital arm fails to inspire By Bayan Rahman in Tokyo - Dec 15 2000 08:34:00 Softbank Investment, the venture capital arm of Japanese internet group Softbank, fell by almost 15 per cent on its Nasdaq Japan debut on Friday, reflecting a lack of interest among investors for internet-related issues. The initial public offering came on a day when Japanese stocks took a battering, tracking the decline in US stocks. Softbank Investment shares closed at ¥1.28m ($128,000), down 14.6 per cent from the IPO price of ¥1.5m. Although the ¥1.5m IPO price was near the lower end of expectations, the stock’s decline on its debut highlights how weary Japanese investors are towards internet-related companies. The euphoria surrounding Japan’s internet boom has all but evaporated and investors are looking more keenly at earnings prospects and realistic shares valuations, analysts said. The internet incubator’s faltering debut came one day after Softbrain, a software developer that listed on the Mothers market for start-ups on Thursday, failed to find buyers on its debut even at 20 per cent below its IPO price of ¥700,000. On Friday, Softbrain finished at ¥393,000, down 43 per cent from its IPO price. Softbank Investment, which issued 7,800 new shares with a secondary offering of 5,200 shares, is the latest Softbank unit to list on Nasdaq Japan. Others include Morningstar Japan and E*trade Japan. Daiwa Securities SB Capital Markets lead managed the offer. © Copyright The Financial Times Limited 2000. news.ft.com