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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 21.16+2.2%3:59 PM EST

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To: Don Jeanblanc who wrote (35)1/19/1998 8:54:00 PM
From: Duke  Read Replies (1) of 947
 
Hi Don, I just talk to one of Schwab agent who explained that we was misunderstood. It's not 1 by 1 in comparison between 2 different markets, we have to divide 1 US share into 20 that will be equal to 1 unit share which we saw in Jakarta Exchange. Another way to say it is take bid price 3825 Rupiah X 20 = 76500 divide by currency rate assuming of 8600, we have a result of USD8.895/a share.

I don't know why is that way.

Regards

Duke.
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