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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (672)3/26/2001 10:52:29 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW (0008-HK) falls to $3.35 day low

Richard Li's Pacific Century CyberWorks (PCCW) will announce its first results after the merger with Cable & Wireless HKT on Wednesday. PCCW has been estimated to lose as much as $5 billion by the market because of the necessary goodwill amortisation.

The company's shares fell to a fresh low at $3.35 this morning, down nearly 5 pct.

ww5.e-finet.com
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