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To: santhosh mohan who wrote (3142)11/23/1997 1:34:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>the Japanese usually invest at a cyclical market top - examples are Rockefeller Center, Pebble Beach, and Hawaiin real estate.

Do you think Softbank's investment in Yahoo at $3 a share (or whatever it was) signaled a cyclical top?

Didn't Softbank's 60% share of Yahoo Japan cost them $600,000? I think I remember reading that Yahoo and Softbank spent a total of $1 million to establish Yahoo Japan.