Pacific Century Cyberworks - Asian Internet Powerhouse? Message Board

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Technology Stocks : Pacific Century Cyberworks - Asian Internet Powerhouse?

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To: E who wrote (15)	3/1/2000 11:34:00 AM
From: E	Read Replies (1) of 18

Another piece in today's Financial Times on PCCW. The URL for the FT is ft.com It crashes my computer. But maybe someone else would try it and see what's on FT online. The Lex Column's heading is "King Kong." Here's an excerpt from the first para of the piece: "In many way, Pacific Centry Cyberwork's $36bn takeover of Hong Kong Telecom is even more remarkable than America Online's acquistion of Time Warner... The victory is a stunning coup for Richard Li, Pacific centrry's controlling shareholder, who has not only traded his highly valued paper for hard assets but also furthers his grand ambition: to offer broadband interactive services across Asia." Here's another relevant URL. finet.com.hk From Reuters Market News: 20:15 01-MAR-2000 Merged PCCW-C&W HKT to join Hang Seng Index <.HSI> HONG KONG, March 1 (Reuters) - HSI Services Ltd said on Wednesday the company resulting from the planned merger of Pacific Century CyberWorks Ltd (PCCW)<1186.HK> and Cable & Wireless HKT Ltd (C&W HKT)<0008.HK> would be a Hang Seng Index constituent.

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