Sweet On U.S. Software

With the Japanese stock market stuck in the doldrums, hard-pressed brokerages are looking for ways to trim costs. To streamline its trading, Osaka-based Ichiyoshi Securities Co. in early May joined a new computer network that will link it with 17 other small brokers. By yearend, 1,400 personal computers will be tied together in a system that will let traders write E-mail, read news, and trade shares on Japanese exchanges, all at the click of a mouse. To make it all work, Ichiyoshi bought American: Windows NT software from Microsoft Corp.

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