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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF)

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To: ms.smartest.person who wrote (660)3/13/2000 12:34:00 AM
From: ms.smartest.person   of 4541
 
[Dow Jones] Pacific Century CyberWorks (1186), which holds marginal stakes in Hikari Tsushin and Softbank, sheds 3.2% to $21.45. Traders at local brokerages say CyberWorks suffering paper loss on sharp decline in these companies, but stakes marginal so won't have significant impact; says more an excuse for consolidation and recommends to buy in the dip. Cable & Wireless HKT (0008) down 3.4% to $23.10 on arbitrage activities.(STT)
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