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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (11777)	1/20/1998 8:36:00 AM
From: Moonray	Respond to of 22053

JAPAN'S SOFTBANK TO START CHANNEL ASSEMBLY BUSINESS TOKYO (Nikkei)--Softbank Corp. (J.SFT or 9984) will start a channel assembly business, installing software and peripherals to personal computers according to retailers' specifications, in mid February to help counter shrinking profit margins in its software division, the Nikkei Industrial Daily said Tuesday. Softbank, which controls more than 60% of Japan's PC software wholesale market, has seen its profit margin drop to around 10% amid falling software prices. The company hopes to attain sales of Y15 billion from the channel assembly business in its first year, and it expects to raise annual sales to Y50 billion within three years, company officials told the newspaper. Before of the startup of the new of business, Softbank plans to establish tie-ups with six software companies, such as Microsoft Corp. (MSFT) and Justsystem Co., six PC peripheral makers, including 3Com Japan (COMS), and with PC makers, such as Compaq KK (CPQ) and Hewlett-Packard Japan Ltd. (HWP). o~~~ O