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To: Rational who wrote (9095)11/23/1997 3:18:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 18056
 
Sankar, is Softbank a bank or not? Is it an investment house? Without knowing the kind of capitalization they would be allowed it is counterproductive they will sell US equities. It is quite possible that their US equities are the best in their portofolio and they will lquidate all other assets, if they have to. If they are lenders their capital ratio can best be improved by calling outstanding debts to them rather then selling assets. It is also possible that they are holding YHOO stock in accounts for customers as custodian, and then assuming they will dump all these shares may also be a conjecture.

Zeev



To: Rational who wrote (9095)11/23/1997 3:36:00 PM
From: Tommaso  Read Replies (1) | Respond to of 18056
 
Bill Clinton is mixing his metaphors; is that a sign?

"Glitches in the road"--maybe he meant to say, "Potholes in the computer.":

VANCOUVER, Nov 23 (Reuters) - The International Monetary
Fund (IMF) should lead any initiative to buoy turbulent capital
markets in Asia, U.S. President Bill Clinton and Canadian Prime
Minister Jean Chretien said on Sunday.
But the leaders added that developed countries also had a
role in boosting confidence in the region's finances.
"I think this a time for confidence in the future of Asia
and confidence in the future of our relationship," Clinton told
a news conference after a bilateral meeting with Chretien at
the annual meeting of the Asia Pacific Economic Cooperation
(APEC) forum.
"We have a few little glitches in the road here and we're
working through them," Clinton said.



To: Rational who wrote (9095)11/24/1997 10:17:00 AM
From: IKM  Read Replies (1) | Respond to of 18056
 
Sankar, I've been reading back through your posts about Softbank. Given the impact its success or failure could have on internet stocks, would it make sense to start a new Softbank thread to consolidate discussion? Please do, and summarize your thoughts in the opening. Thanks.