Alphanet Telecom, WOW ! Message Board

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Technology Stocks : Alphanet Telecom, WOW !

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To: Ray Dopkins who wrote (66)	1/8/1998 9:39:00 AM
From: wynn quon	Read Replies (1) of 117

Trouble for Alphanet's Indonesian partner? With the Indonesian economy imploding, Alphanet's partner PT INDOSAT is seeing its stock price hit record lows. The news today said that Indonesian currency has fallen to an astonishing 25% of its recent value. PT INDOSAT trades as an ADR on the NYSE - symbol IIT. It's around $14 US, down from $30 reached several years ago.

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