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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (3132)	11/23/1997 2:53:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

>>Softbank may have bought at $25 >> I know your point is for illustration, but Softbank has a founding interest in Yahoo. They paid a small fraction of that. Just to make you crazy, I think Softbank's original stake in Yahoo was 50%. They actually reduced their stake. An interesting twist on this Korean loan thing for Softbank (if they indeed have Korean credit outstanding, which no one has shown) is that the loans would be in Korean currency. The won is collapsing, making it even easier for Softbank to make payments. Their Korean debt has actually gone down in yen, and especially dollar, terms.