Technology Stocks : Softbank Group Corp
SFTBY 36.65-2.4%Jun 19 5:19 PM EDTNews

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To: manohar kanuri who wrote (3166)1/10/2000 9:46:00 AM
From: sunny   of 5774
****OT sorry manohar - i didn't mention i'm from germany ;-)

actually most of the folks here should know it by now (at least the "core team") but you're right that's a difference.

we're now two hours before the closing bell here in germany and it got in this morning local time (around 530 am EST so one hour after merger was announced).

aol then traded up at 85+$ here in germany.

the thing has been simple mathematics. nobody calculated the impact of the exchange ratio in the first place. there was enthusiasm all over the place when the deal was announced. but the premium is to high for a short term gain in aol share price.

i can't actually comment on the deeper insight of TWX and the impact for aol but i think this merger makes sense from a business view.
so in the long run this merger should play out in a huge way.

watch for others to join the internet mega-merger-mania later in 2000.

the combined aol time warner will be THE media powerhouse. so nothing to worry about.

maybe someone can comment on your "bricks part of TWX" question.

any implications for softbank (yahoo should give a very nice husband in search for a fitting wife...) regarding their huge network of companies and contacts? maybe they can help yahoo to find the right one...?!

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