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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF)

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To: mact who wrote (35)12/22/1999 1:23:00 PM
From: ClearSky  Read Replies (1) of 4541
 
Just bought a small position in this stock this a.m. Pleased to see this note on briefing.com:

13:05 ET Pacific Century Cyberworks (PCCLF) 2.15 +0.81 (+60%): Momentum players moving stock of Chinese Internet incubator up on heavy volume on apparently no news. Merrill Lynch, Hong Kong, put out an Oct 15 note with a NT/LT "buy" on the stock. CMGI owns 5% of the company, and PCCLF also owns 5% of CMGI. The company also owns 23% of Softnet (SOFN), 25% of Silkroute, 3% of Clarent (CLRN), and 20% of Stareast (publicly traded in Hong Kong), as well as numerous other Asian Internet companies.
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