INDONESIA'S PT TELECOM(TLK) Message Board

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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: tom who wrote (285)	2/9/1998 5:54:00 PM
From: Jyoti sharma	Read Replies (2) of 947

Tom, I agree with you on TLK being a relative buy and not an absolute buy. To be an absolute buy the stock has to be undervalued based on earnings. No one knows what the earnings are going to be, we can only speculate. I do feel though the stock is selling at a discount to its assets per share. As I have mentioned before all this is not relevant. To invest in Indonesia from USA, this is one of the few viable options. I am also very confident that TLK will make money for us if Rp / dollar rate ends up around 5000. Best wishes and good investing. Jyoti

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