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Technology Stocks : Pacific Century CyberWorks (PCW, PCWKF) -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (2376)	9/10/2000 10:11:40 PM
From: Captain Jack	Read Replies (1) \| Respond to of 4541

and another-- (REUTERS) HK stocks set to fall =2 HK stocks set to fall =2 "Nasdaq's fall was due to earnings worries so that won't have a great impact in Hong Kong but it will weaken market sentiment," Chan said. Telecom stocks could lead Monday's slide, notably PCCW where investors remain concerned about a possible overhang of shares if Cable & Wireless Plc <CW.L> shareholders sell PCCW shares following PCCW's takeover of Cable & Wireless HKT last month, and last week's news that two partners were pulling out of ventures with Richard Li's company. PCCW plunged 8.3 percent last week to HK$13.20. Alex Wong, research manager at OSK Securities, sees it breaking below HK$13 on Monday to HK$12.50. He says the stock could help push the index below 17,000. "But there should be good support at 16,800 because there is not too much selling pressure on banks and property stocks," Wong said.