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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1972)10/4/2001 10:50:30 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
Fulbond (1041) hopes to provide svc to PCCW (0008)
2001/10/03 15:50

(Infocast News) Fulbond Holdings (1041) Chairman Yang Ding-yuan said that the company has no current plan to sell its lumber business but will concentrate on the development of computer-related products.

Yang predicted that the company's technology business may bring revenue of US$20 million to the company in the coming year. Meanwhile, he said that the company is now in talks with PCCW (0008) about providing network infrastructural services to PCCW. The concerned details are expected to be finalised in a few months.

The company earlier expressed its idea to develop semi-conductor business but Yang clarified that such a business will not be in operation until the third quarter of 2002.


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