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Technology Stocks : PCW - Pacific Century CyberWorks Limited
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To: ms.smartest.person who wrote (828)3/30/2001 12:31:04 AM
From: ms.smartest.person  Read Replies (1) of 2248
 
DJ MARKET TALK/HK: PCCW Down Another 3.9%
11:34, 2001-03-30

1019 [Dow Jones] Pacific Century CyberWorks (0008) down 3.9% at $3.125, after falling 6.5% fall yesterday, as investors continue to punish cash-strapped company for its unclear business strategy amid questions about its ability to grow through acquisitions given its stretched balance sheet. However, most analysts expect with 3.5X interests coverage, as disclosed by management earlier, company should have sufficient coverage to meet interest payments on debts.(STT)
Copyright c 1999-2000 Dow Jones Inc. All rights reserved.
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