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

To: ms.smartest.person who wrote (1872)	8/22/2001 1:02:17 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 2248

Outblaze messaging biz benefit fr US econ slowdown 2001/08/21 12:25 (Infocast News) Outblaze CEO Siu Yat notes that due to the US economic slowdown, many enterprises there have taken up measures to control cost. Their outsourcing to Outblaze regarding the business of message transmission solutions recently has grew sharply since the company's solutions will be help those enterprises to cut cost. Currently US contribution represents more than 50% of Outblaze's turnover while Asia and Europe account for the balance. But the part of Europe only takes up a small portion. Siu said that Outblaze will speed up the development in Asian markets. Siu said that at present it has 16 products, of which message transmission solutions represent over 70% of the total turnover of the company. But he has not yet revealed when Outblaze can reach breakeven. He noted that the current market situation is not suitable for Outblaze to get listing, and the burden of operating cost for listing company is rather heavy. PCCW (0008) owns a 43% stake in Outblaze. infocastfn.com