INDONESIA'S PT TELECOM(TLK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 21.92

+0.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rational who wrote (210)	2/3/1998 12:42:00 PM
From: tom	Read Replies (1) of 947

It is true that Suharto has not specifically nominated Habbibie as VP but he has hinted strongly and sources close to the President indicate that this is, currently, his wish. As you know, Suharto is an extremely shrewd leader and he would not hint at nomination of Habbibie unless is was tactically correct to do so. A number of events have happened since Suharto's hint that make me think about his motives. Firstly, the arrest of the prominent Chinese businessman and public criticizer of Habbibie, Sofyan Wanandi, on terrorism charges strikes me as a ploy to shut the Chinese up until after the election (as well as portray the Chinese as the cause of all evil). They will probably take the hint. Secondly, some second line generals (eg Prabowo) know that Habbibie will need them to get support for his VP position and so they feel they have a stronger power position with Habbibie as VP. Suharto knows that by blaming the Chinese and dividing the army he strengthens his own position. Maybe this is just tactical and he will choose another candidate when the time comes but he has not shown any sign yet of pursuing rational (from our perspective) policies so far.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next