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Technology Stocks : PCCLF - Pacific Century Cyberworks

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To: Mike who wrote ()2/4/2000 7:57:00 PM
From: michael m.  Read Replies (1) of 11
 
I have been following PCCLF since December and finally bought some today. It is followed by two major brokerage houses and has a strong buy recomendation from both. The HK$ is pegged to the U.S. dollar so you don't have to worry about currency risk and PCCLF trades at about it's current value compared to 200 to 500 times their value that similar U.S. companies trade at such as CMGI, who is a major stake holder in PCCLF. There are 9 plus billion shares outstanding and 2.3 billion shares in the float so it will take a while to move but this stock should show consistant growth over the long term. It is not a play for a short term pop. I would like to start an educated discussion on this board since the RB board has turned to crap. Any worthwhile thoughts appreciated.

Michael
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