PCW - Pacific Century CyberWorks Limited Message Board

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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject	2/22/2001 12:28:55 AM
From: ms.smartest.person	Read Replies (1) of 2248

C&W May Place PCCW Shrs At $4.20 Wednesday, February 21 4:08 PM SGT MARKET TALK-HK: C&W May Place PCCW Shrs At $4.20 1544 [Dow Jones] Unconfirmed rumor suggests C&W PLC has assigned Merrill Lynch as underwriter to place half its 15.3% stake in Pacific Century CyberWorks (008) at $4.20/share, representing 6% discount to spot at $4.45. Similar speculation has surfaced before but recent selloff in European telcos has sparked concerns about PCCW and C&W PLC's search for strategic investors to buy stake. Shares down 0.6% at $4.40. (STT) asia.biz.yahoo.com

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