PCCLF- Pacific Century Group Message Board

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Technology Stocks : PCCLF- Pacific Century Group

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To: Sokkerfan who wrote (9)	2/13/2000 2:12:00 PM
From: Rolla Coasta	Read Replies (1) of 11

try out these sites and type in 1186, intead of PCCLF, for stock price. e-finet.com int.quamnet.com The stock price is in Hong Kong dollar and need to be divided by 7.7 (US$1 = HK$7.7) The Cable&Wireless (HKT) and PCCLF deal is a little political thing. Since Cable&Wirelss, a British company who owns 54% of HKT, wants to sell HKT to Singapore Telecom, there is a speculation that HKT would eventually be delisted from HK market and focus on foreign market like Singapore. In HK side, people don't like the deal with Singapore Telecom at all. The Li's family then steps in for a bid war. As far as ML is concerned, they are always optimistic about the internet market in Asia. The reason they are optimistic on PCCLF is that the Li's family is damned rich and has already established great connections in mainland China. They simply don't have much competition. All they have to do is to run their internet-related businesses.

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