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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: pennywise who started this subject3/16/2001 3:35:11 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
Credit Lyonnais Rates PCCW As Sell
12:11, 2001-03-16

1102 [Dow Jones] Credit Lyonnais suggests only ""realistic sources"" of positive news for Pacific Century CyberWorks (0008) are listing of Reach, restructuring of mobile business and substantial revenue from B2B initiatives; currently values company at $4.32/share; reckons $5/share valuation can only be justified by extra US$607 million (22% rise) revenue in FY01, which CL says ""difficult to achieve""; rates PCCW as sell; stock down 0.6% at $3.95.(IVW)
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