Morgan Stanley gets on the PCCW bandwagon - finally

Who was the happiest man in the room during the PCCW and Telstra analysts'' briefing?

It was the height of embarrassment for Morgan Stanley Dean Witter during the battle for C&W HKT The top tier investment bank - Finance Asia's Best Investment Bank in Asia in 1998 and 1999 no less - had precisely no role to play in the deal Arch-rivals Goldman Sachs were advising Singapore Telecom, WDR was advising PCCW, ING Barings and Flemings were advising C&W HKT But where was Morgan Stanley Dean Witter √°Out to lunch

< xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />But in a coup that shows...

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