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

To: ms.smartest.person who wrote (802)	3/29/2001 10:19:36 AM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

PCCW to See 2-3 CyberWorks Ventures' Investee Cos. Going Public in 2001 Mar 29, 2001 - 16:52:13 HKT Quamnet News Service Pacific Century CyberWorks Ltd. (0008), Richard Li's communications vehicle, will see two to three companies in which its CyberWorks Ventures unit invested going public this year, said Johnson Chan, president of CyberWorks Ventures, PCCW's venture capital investment arm. The PCCW unit has so far invested in 66 companies, for which PCCW made an unrealized loss of US$627 million last year amid a global downturn in technology and related shares. The portfolio had a carrying cost of US$309 million as at the end of 2000. "CyberWorks Ventures would only make new investment from proceeds from disposal of existing investments," said Chan. -------------------------------------------------------------------------------- Copyright 2000 Quam(IA) Limited, All rights reserved quamnet.com