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Technology Stocks : CTEL - City Telecom of Hong Kong (PCCLF owns 38.4M shs). -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (15)3/21/2000 2:18:00 PM
From: Probart  Respond to of 32
 
I know what you mean, you must be feeling better today, I hope. Was going to buy this morning, went out for two hours, wanted to buy when I got back but the spike had happened. That is what two hours can do to you.



To: Paul Berliner who wrote (15)3/22/2000 12:57:00 PM
From: StockJock-e  Read Replies (1) | Respond to of 32
 
I had noticed that the stock was under selling pressure, but did not know from where, at least that is cleared up now.

So PCCW finished dumping their 8% share of the company, it will be interesting to see how the stock performs now that the selling is done.

I believe there is some kind of meeting tomorrow, if a press release comes out with these companies linked in with CTEL we might see some buying interest, JMHO.

CTEL + HP/Nortel/CSCO/COMS
CTEL symbol was left out of the release- details coming thurs

Tuesday March 21, 10:47 am Eastern Time

City Tel , 3Com, Cisco, HP, Nortel team up

HONG KONG, March 21 (Reuters) - City Telecom (HK) Ltd unit Hong Kong Broadband Network Ltd said on Tuesday it
formed strategic partnership with 3Com Corp (NasdaqNM:COMS - news), Cisco Systems Inc (NasdaqNM:CSCO - news),
Hewlett-Packard Co (NYSE:HWP - news) and Nortel Networks Corp (NYSE:NT - news).

The Hong Kong telecommunications firm said in a statement it would announce the partnership at a news conference on Thursday.

It gave no further details.

biz.yahoo.com