PCW - Pacific Century CyberWorks Limited Message Board

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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (788)	3/29/2001 12:12:02 AM
From: ms.smartest.person	Read Replies (1) of 2248

MARKET TALK-HK: Reach Depends On PCCW For Business Thursday, March 29 11:12 AM SGT 1111 [Dow Jones] Although Pacific Century CyberWorks' (0008) 50%-owned JV Reach reported FY00 pro-forma revenue of $7.34 billion and EBITDA of $2.79 billion attributable to PCCW, better than DBS Securities' forecast, brokerage cautions PCCW (and JV partner Telstra) being Reach's key customers for first few years, any further decline in PCCW's "IDD and IPLC market share" may have "follow-on ramification" on Reach. PCCW shares down 11.5% at $3.075.(IVW) (snip) asia.biz.yahoo.com

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