PCCLF - Pacific Century Cyberworks Message Board

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Technology Stocks : PCCLF - Pacific Century Cyberworks

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To: Richard J Lamarre who wrote (6)	2/29/2000 1:37:00 PM
From: michael m.	Read Replies (1) of 11

Merrill follows PCCLF but due to the merger it is now on there restricted list since they are advisors on the deal. Goldman Sachs also follows PCCLF I believe. Their price targets were $25 HK and $35 HK so between about $3.20 and $4.50 US. Due to the proposed merger I would buy HKT ADR's and hope the deal goes through because if it does than you will get PCCLF at about 2.50 to 2.80 a share and if the deal doesn't go through you will still hold a good old economy stock with a large chance of a buyout. Just my thoughts and you should discuss any moves with an investment advisor. Good luck. Just so you know I sold my position this morning at $3.30. Too much uncertainty, I was getting a tummy ache over all the volatility. Good possibilities and good news coverage, just not for me anymore. Maybe I'll buy back latter when this whole deal settles out. Michael

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