Been watching this one for awhile, bought in around 3.70 with my realised profits from SINA. I had bought SINA at an average of 1.65 with a target of 15 and am amazed it is still soaring.
I don't know much about the key web players in Japan, I have read Softbank is probably the leader, but this Internet Initiative seems to to be a viable player and if there truly is a turnaround in Japan may well be worth looking at.
Glad to see that someone started this thread here, cannot even read the Yahoo boards and Raging Bull is disintegrating with bad technology and a grwoing lunatic fringe