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

To: ms.smartest.person who wrote (792)	3/29/2001 12:28:35 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

DJ MARKET TALK/HK: PCCW Might Sell Assets -Prudential 11:53, 2001-03-29 1040 [Dow Jones] Heavy selloff in Pacific Century CyberWorks (0008), now down 10.8% at $3.10, mainly due to concerns about company's cash flow and ability to repay debt going forward, say analysts. Prudential-Bache predicts it might spin off or sell various divisions to fund outstanding US$4.7 billion loan; however adds it's unlikely to dispose investment portfolio valued at US$1.29 billion (after mark down) as investments integral part of company's overall business plan.(STT) Copyright c 1999-2000 Dow Jones Inc. All rights reserved. quamnet.com