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Technology Stocks : PCW - Pacific Century CyberWorks Limited
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To: ms.smartest.person who wrote (825)3/29/2001 11:57:32 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
DJ MARKET TALK/HK:PCCW To Retest $3 Psychological Support
11:08, 2001-03-30

0955 [Dow Jones] PCCW (0008) expected to retest $3 psychological support before it maps out concrete strategy for its business, due to lack of any near-term catalysts, say analysts; add PCCW's struggling multimedia satellite network NOW, with its hefty cash-burn rate, would be particular concern. Management says investors will have to wait for another 90 days for new strategy for NOW, which makes up bulk of B2C division.(STT)
Copyright c 1999-2000 Dow Jones Inc. All rights reserved.
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