The Nikkei 225 Stock Average rose 0.46% to 17,452.62 (range: 17,404.62 – 17,502.02), unable to regain/hold the psychologically important level of 17,500. It was the third lightest trading day of the year, but buying of N225 futures after yesterday’s drop (despite an overall lack of bullishness and only a 0.1% gain to 17,410 (range: 17,410 [...]
Archive | April 20, 2007
Softbank is a Trade, IIJ is a Buy
The Economist (Apr. 14 – 20, p. 73-4) has a good story on Softbank (JP: 9984) (SFTBF.PK). The main point of the article is Softbank is bleeding cash, serious cash and there doesn’t appear to be an end in sight. It is attracting a lot of news these days because of its very aggressive pricing [...]
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