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To: Johnny Canuck who wrote (20406)	4/1/1999 11:27:00 PM
From: mattie	Respond to of 68009

Harry, the symbol for Softbank in the US is sftbf, but it trades very infrequently on the pink sheets and the mm's have a huge spread over the Tokyo price. I have a good relationship with Montgomery Securities and I bought it for 111. in Tokyo,through their foreign desk when the pink sheet listing was asking 116. It is the first stock I bought not active in the US so I don't have much experience in foreign issues. I do think softbank is very very well positioned. The assets they hold are still worth less than the market value of the company. ZDnet was also one of their companies that just came public. I like it because the diversification of internet companies without the huge premium (like cmgi which has a crazy valuation),also because the Japan and asian markets potential for growth. I also would point out that it is almost like buying a venture capital LP. They actually have a very reputable VC arm which should keep the company on the 'bleeding edge'. Its not a good trading stock, since its very illiquid now in the US (they should have an ADR by year end). Their home page:http://www.softbank.co.jp/ir/index_e.html