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Technology Stocks : Indosat (IIT)- The Indonesian Gem!
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To: RFH who wrote (36)5/13/1999 2:00:00 AM
From: Manfred Sondermann  Read Replies (1) of 42
 
Maybe the news I read a few days ago are not the real reason
why this stock dumped. That makes no sense.

But while looking in my ancient notes I saw a news from 12/10/1998 where all these sellings of IIT stocks were announced by the Indonesian government.
And in addition there was announced by the company itself that
they want sell 141.7 million new stocks to some strategic investors.
Maybe this has happened now, and this 'dilution' was the cause of
this dumping. That would make some sense.
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