PCW - Pacific Century CyberWorks Limited Message Board

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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: H James Morris who wrote (1545)	7/7/2001 11:17:44 AM
From: ms.smartest.person	Read Replies (1) of 2248

Hi, Yes I remember and you continue to revisit and rub it in! LOL These days I avoid looking at my portfolio, 360networks has beat PCW hands down - now at 10 cents and in bankruptcy ... and the list goes on. I no longer believe PCCW is going to be THE BIG Asian company. Richard Li has made one mistake after another. From the beginning I though NOW was a horrible idea and a money losing business plan (if they ever really had a business plan). The JVs for the most part have been done just to generate news, especially last summer once the stock began to tank. I also question whether Richard Li has the contacts and influence in China that his father has. We certainly have not seen any sign of his influence. I still hold PCW because the market value is so low, it is hardly worth selling. IMO the only future PCW has is if Li Ka-Shing takes over PCCW either thru Cheuy or Hutch. However, PCW could be a buy if and when the bond deal is done. Then I might be able to unload this P/D stock! Imagine where PCCW would be today if they had contracted just ONE good venture in China a year ago? Hope you will come back and visit again - thank you for the article. Merry

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