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Technology Stocks : PCCLF- Pacific Century Group

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To: Rolla Coasta who wrote (5)1/16/2000 8:52:00 PM
From: Hawkmoon  Read Replies (1) of 11
 
Ernest,

Don't overestimate Li's powerbase. Remember the communists are still in control and they could see toppling his company (or investigating their stock trading) as a clear sign of power over the HK capitalists. Certainly they could choose to exert their influence in many ways.

But even if PCCLF does see HK$25, that equates only to approx $3/share US or about .50/share from where we currently are.

I'm not in the market to make 33% on a stock in which I have little liquidity. (our buy/sell orders have to wait until the HK market opens before being filled).

Regards,

Ron
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