CTEL - City Telecom of Hong Kong (PCCLF owns 38.4M shs). Message Board

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Technology Stocks : CTEL - City Telecom of Hong Kong (PCCLF owns 38.4M shs).

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To: Paul Berliner who wrote (15)	3/22/2000 12:57:00 PM
From: StockJock-e	Read Replies (1) of 32

I had noticed that the stock was under selling pressure, but did not know from where, at least that is cleared up now. So PCCW finished dumping their 8% share of the company, it will be interesting to see how the stock performs now that the selling is done. I believe there is some kind of meeting tomorrow, if a press release comes out with these companies linked in with CTEL we might see some buying interest, JMHO. CTEL + HP/Nortel/CSCO/COMS CTEL symbol was left out of the release- details coming thurs Tuesday March 21, 10:47 am Eastern Time City Tel , 3Com, Cisco, HP, Nortel team up HONG KONG, March 21 (Reuters) - City Telecom (HK) Ltd unit Hong Kong Broadband Network Ltd said on Tuesday it formed strategic partnership with 3Com Corp (NasdaqNM:COMS - news), Cisco Systems Inc (NasdaqNM:CSCO - news), Hewlett-Packard Co (NYSE:HWP - news) and Nortel Networks Corp (NYSE:NT - news). The Hong Kong telecommunications firm said in a statement it would announce the partnership at a news conference on Thursday. It gave no further details. biz.yahoo.com

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