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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 20.93-0.9%Nov 21 9:30 AM EST
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To: Jyoti sharma who wrote (242)2/4/1998 1:15:00 PM
From: tom  Read Replies (1) of 947
 
If you do not think that the industry is going to be liberalised then there is no need for the government to raise tariffs to the level where TLK will make a reasonable return on its capital. As I said before, Indo already has enough lines to last it some time and as long as it doesn't go bankrupt then the government doesn't care if it is unprofitable.
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