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Technology Stocks : PCCLF- Pacific Century Group -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (5)1/16/2000 8:52:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 11
 
Ernest,

Don't overestimate Li's powerbase. Remember the communists are still in control and they could see toppling his company (or investigating their stock trading) as a clear sign of power over the HK capitalists. Certainly they could choose to exert their influence in many ways.

But even if PCCLF does see HK$25, that equates only to approx $3/share US or about .50/share from where we currently are.

I'm not in the market to make 33% on a stock in which I have little liquidity. (our buy/sell orders have to wait until the HK market opens before being filled).

Regards,

Ron