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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (381)2/20/2001 2:54:39 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
10:11 20-FEB-2001 PCCW (0008-HK) shares drop 4.3 pct

Share price of PCCW plunged another 4.3 pct this morning despite Cable & Wireless giving an indication that it is willing to discuss about a longer share lock-up to allow orderly divesting of its PCCW shares.

At one point, PCCW hit a low of $4.45 as the market believed that it would be difficult for C&W to find buyers of its PCCW holding.

(End)

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