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 20.93

-0.9%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tom who wrote (235)	2/4/1998 3:49:00 AM
From: Jay Fisk	Read Replies (2) of 947

How does deregulation affect IIT ? Their infrastructure seems up-to-date (based only on the singular metric of a fast web site !) Here's Bloomberg's nightly update: World Bank Made Mistakes in Indonesia, Wolfensohn Says " World Bank Chairman James Wolfensohn admitted the bank made ''mistakes'' in its analysis of Indonesia's problems, and underestimated the economic impact of pervasive corruption. ''We made mistakes'' in the assessment of Indonesia's debt problem and didn't fully understand the political dimension, Wolfensohn said. Along with most aid agencies, it also failed to appreciate the scale of the private corporate debts which helped wipe out four-fifths of the rupiah's value in the past year. Wolfensohn is on a two-day trip to Indonesia to discuss its $4.3 billion contribution to the $40 billion aid package put together by the International Monetary Fund in October." Hmmm . . . pervasive corruption (Good for at least half a point !) and "mistakes in assessment" (maybe a full point ?) Might signify yet another buying opportunity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next