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Solartech International Holdings Limited

Solstice Special
On the summer solstice comes the story of Solartech, an electrical cable maker that has bought a 20% interest in HK1186.com for a ridiculous price. Sounds familiar? The HK Stock Exchange code of Pacific Century Cyberworks just happens to be 1186. We look at the devastating effect of repeated stock issues by Solartech on shareholder value, and turn an eye to the trend of "independent valuations" on internet acquisitions. (21-Jun-00)


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