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

To: ms.smartest.person who wrote (387)	2/20/2001 3:27:02 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

DJ MARKET TALK/HK:C&W May Sell PCCW At $4.50/Shr -UBS 13:31, 2001-02-20 1209 [Dow Jones] Given Cable & Wireless PLC has already pocketed US$7.4 billion cash from selling its 54% stake in former C&W HKT, and assuming C&W PLC was willing to sell that stake at $11/share, then by averaging out, UBS Warburg calculates C&W PLC would be willing to sell its remaining stake in Pacific Century CyberWorks (0008) at $4.50/share. No news as yet on how PCCW and C&W PLC would dispose latter's 15.3% stake in PCCW; stock down 3.2% at $4.50.(IVW) Copyright c 1999-2000 Dow Jones Inc. All rights reserved. quamnet.com