INDONESIA'S PT TELECOM(TLK) Message Board

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Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 21.68

+3.6%

11:29 AM EST

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To: Rational who wrote (220)	2/3/1998 2:46:00 PM
From: Jyoti sharma	Read Replies (2) of 947

Sankar, Thank you for pointing out the price for TLK. I just took a small position at 8 3/4 and going to watch it now carefully . I have traded this stock a few times very profitably. The price IMO is news driven and professional's judgement of Rp/$ rate. In recent past I bot it below 8 and sold it above 10. When and if market feels that things are returning back to normal in Indonesia, TLK will sky rocket. I will give you my recent experience with Thailand, I started buying Bangkok Bank below 2.25 and averaged down to below $2. In three weeks it's over $ 3.60. The point I am trying to make is that markets today move very rapidly and if the worst is over in Indonesia TLK may turn out to be a good buy at these levels. Best wishes and good investing. Jyoti

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