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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF)

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To: John McDonald who wrote (6)12/3/1999 9:12:00 PM
From: Jonas1   of 4541
 
John: Merrill 12 Month Price Objective for PCCLF

The pages on the report are not numbered. It is dated 10/15/1999, Titled PCCW: Full Steam Ahead.

There is one page that is a summary page. About 1/3 of the way down is a section entitled: "Stock Performance".
Source: Datastream. Then it gives the price as HK$6.65, and the next line is "12 Month Price Objective: HK$8.00. This is about $1.03 US.

Perhaps I am interpreting this wrong, but I thought and think that this is the 12-month ML price target for this stock.

Jonas
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