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Technology Stocks : PCW - Pacific Century CyberWorks Limited -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (205)	2/1/2001 9:23:22 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

C&W Tests Market Response to PCCW Share Placement Feb 02, 2001 - 09:10:51 HKT Quamnet News Service Cable & Wireless Plc, the second-largest shareholder of Pacific Century CyberWorks Ltd. (0008), tested the market yesterday to see if fund managers were interested in placing its 7.5-percent stake in the Internet-plus-telecoms company, Ming Pao Daily reported, citing unidentified sources from London. The batch of PCCW shares, amounted to 1.641 billion, will be worth HK$7.672 billion if sold at yesterday's closing price of HK$4.675, the paper said. Cable & Wireless is expected to unload its PCCW shares after a lock-up period expires on Feb. 17. quamnet.com