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PacificNet's CFO Abruptly Quits Company, Shares Drop

Aggregated Source: ChinaTechNews.com
February 16, 2007|

PacificNet's (PACT) Chief Financial Officer today unexpectedly left the company, surprising the financial markets and causing PacificNet shares to tumble nearly 10%, closing at US$5.93. According to a filing with the U.S. Securities and Exchange Commission, the company, whose stock prices appear to ride the waves of its incessant press releases, has not said why the [...]

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