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


To: ms.smartest.person who wrote (650)3/23/2001 1:19:20 AM
From: ms.smartest.person  Read Replies (1) | Respond to of 2248
 
DJ MARKET TALK/HK: CMGI Likely Sold All PCCW Shrs -Report


1001 [Dow Jones] Pacific Century CyberWorks (0008) may come under some pressure on unsourced Oriental Daily report CMGI has sold remaining stake in PCCW after recently selling 241 million PCCW shares as PCCW struggles to weather Internet shakeout. Analysts say CMGI held less than 2% stake in PCCW after disposing 241 million shares last year; CMGI closed $500 million share swap deal with C&W PLC last August with CMGI issuing about 13.4 million of common shares to C&W PLC in exchange for about 241 million PCCW shares.(STT) 

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