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


To: sunny who wrote (53)3/31/1999 6:50:00 PM
From: TobagoJack  Read Replies (1) | Respond to of 6018
 
Will keep SI posted on 9984. It is a difficult company to keep track of as it is involved in many alliances (i.e. it is a major minority shareholder of JSkyB that is controlled by News Corp, which is the Japanese version of Direct TV, etc). I keep 75% of my 9984 in non-trading account and actively trade the remaining 25%; long term holder as well but will sell when Japanese bid it up to equal to combined value of AOL, ATHM, NWS, RTRSY, and maybe (dare I think it?) MSFT. At the peak in 1989, the emperor's palace was equal to all realestate (incl Silicon Valley) of California, so why not?



To: sunny who wrote (53)4/6/1999 10:23:00 PM
From: TobagoJack  Read Replies (1) | Respond to of 6018
 
The aggregation continues ...
Softbank To Acquire Online Car Sales Business From Tokyo Net Firm

TOKYO (Nikkei)--Softbank (9984) said Monday it will purchase automobile sales-related business from Tokyo-based Internet firm NetAge Inc. by October for several hundred million yen. The business, which introduces potential car buyers to dealers online, will be integrated into an online car sales venture to be jointly set up by Softbank and U.S. software giant Microsoft Corp.

NetAge started the Net Dealers service on Feb. 15, and now does business with 60 dealers handling vehicles made by Japanese automakers, including Mitsubishi Motors Corp. (7211) and Mazda Motor Corp. (7261). The company has already introduced 800 prospective buyers to member dealers and has a list of 5,000 potential customers.

(The Nikkei Industrial Daily Tuesday edition)