Total: (18) Page (1 of 2)
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Oh Ma Ma!
Written by GS Trader from Hong Kong on 4/4/2001
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I can't help PCCW this time even after buying more than 5M for my clients, it's like free fall this week. Dropping less than HK$2.6 per share is something so crazy I've ever seen, I think Rich is going to bankrupt very soon. Nope, he cashed out a small portion already at HK$13. I don't like the new design of their Web site, it's too commonly seen in US and does not have a distinct identity after all. We can blame Spike. :-) |
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Can Richard hanging on?
Written by Kabir from Hong Kong on 4/3/2001
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Richard Li has admitted that he didn’t finish the Stanford education today. Well, it’s kind of too late, the PCCW’s stock has dropped more than 85% now! It was one of the most shining star in Asia, but no any more.NOW.COM has nearly finished, Reddiff is below IPO price and PeopleNOW has quietly closed business. Btw, the future market is really fluctuated today, seemed there is an stock crash coming soon mainly contributed by PCCW. |
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Shocking annual report!
Written by iBanker from Hong Kong on 3/29/2001
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Techically, it is in bankruptcy. what's more.... it is bearing heavy debt burden, and its operation is not profitable enough to cover interest payment, not to mention any further provision on its damn acquisition. sell it immediately before it go bankruptcy! |
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Reputation damaged!
Written by Osmen from Hong Kong on 3/23/2001
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I was quite shocked to learn the news that Richard didn’t graduate from Stanford after all, he’s just a college drop-out and rushing for gold. Just look at his company now, within last year, it’s value has dropped more than 80% and not to mention the failure of NOW.COM, and a bunch of useless dotcoms, e.g. PeopleNow.com, AdSociety, etc. Seemed the top management lair about everything, from his education background to company revenue, how can you expect such company to last? |
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ITV and NOW.COM won't work
Written by John Spencer from Hong Kong on 1/2/2001
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PCCW's former HKT lanuched the world's first commercial interactive television (iTV) service with a fanfare in March 1998. Its performance in the first two years of operations had not lived up to the Company's expectations. Many still saw it as a traditional pay television service instead of a multimedia interactive service. Meanwhile, the Company began to shift the focus to its broadband Internet service. Seemed NOW.COM is another failure product after ITV. |
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A Time to Remember
Written by Paul Greewich from Hong Kong on 12/31/2000
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PCCW has fallen 82% in year 2000, that’s more or less about 200 billions evaporation within 4 months. The NOW.COM and other PCCW’s subsidiaries didn’t generated much revenue and the acquisition of HKT transfer this legendary stock to its lowest in HKT’s history. The time has come, it’s the dotcom adjustment period and I do hope Richard Li will be more focus real business, instead of more useless announcements. |
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Richard Li, the legend or...
Written by Nancy Yip from Hong Kong on 12/28/2000
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What can we expect a deal maker like Richard do in running a business. Let's hope that this time, the deal maker is successful in packaging again and be able to convince a bunch of idiot investors to believe in his fancy fairy tales and get the money and get the hell out of the company asap. |
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Free fall for PCCW
Written by Karen Cristy from Hong Kong on 12/21/2000
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NASDAQ is down 7.12% last night and with Merrill Lynch's down-graded on those giant tech and telecom stock (IBM, Lucent), I really don't think Internet focused will be any better, seemed PCCW's stock has been free falling for more than 2 weeks. I knew many fund managers are selling and don't see any future in this company anymore. Why would they buy in the first place? Well, simple they are regional speculators |
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Stock dropping by 1-2% daily!
Written by Johnny Willy from Hong Kong on 12/5/2000
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PCCW has no hope. Its' share price is dropping 1-2% daily. Heard they just temporary solved the debt problem and seemed they will be in the same trouble in paying back the huge interest very soon if their stock keeps like that? On the other hand, most of its investment are now in vain, especailly NOW.COM, follow by a bunch of useless (zero revenue) dot-coms. |
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Sliding
Written by Oliver Tan from Singapore on 11/27/2000
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CMGI recently canceled its plans for an international venture fund that would have been a three-way joint venture with Hicks, Muse, Tate & Furst and Pacific Century CyberWorks. It became clear then that big name American venture capital money wasn't just going to pack its bags and set up shop in Asia. Just look at PCCW's stock, you will realized the firm's value has came down by more than 70% since Jan, 2000! |
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