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


To: ms.smartest.person who wrote (628)3/22/2001 7:16:51 PM
From: ms.smartest.person  Read Replies (1) | Respond to of 2248
 
No graduation for tycoon

Hong Kong tycoon and Telstra's Asian business partner, Mr Richard Li, was yesterday forced to set the record straight about his educational record: while he attended the prestigious Stanford University in the United States, he did not, as his company Web site claimed, obtain a degree there.

"I didn't get the Stanford degree," Mr Li told reporters in Tokyo, after the International Herald Tribune raised questions about Mr Li's educational background.

The newspaper reported yesterday that Mr Li's company, Pacific Century CyberWorks, had said previously that Mr Li earned a computer engineering degree from Stanford, but university officials said that was not the case.

Mr Li's company, Pacific Century Cyberworks, is Telstra's partner in a $5 billion joint venture to
create a pan-Asian mobile telecommunications and data business.

Telstra's controversial tie-up with Mr Li has already come under intense scrutiny in Australia because of Pacific Century's plunging share price, which has been battered by the dot com crash.

An erroneous mention of Mr Li earning a Stanford degree was removed from the company's Web site this week after a reporter began making inquiries.

"There were in fact mistakes and as soon as I saw the mistakes, I told them to correct them immediately," Mr Li said yesterday.

Mr Li's academic records were being kept private by the university at his request, the International Herald Tribune said.

The newspaper noted it had no evidence that Mr Li himself had claimed to have graduated from Stanford.

Anne Davies and agencies

smh.com.au