INDONESIA'S PT TELECOM(TLK) Message Board

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Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 21.67

+3.5%

2:36 PM EST

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To: tom who wrote (304)	2/11/1998 11:34:00 AM
From: Keith Monahan	Read Replies (1) of 947

Tom, Just found this thread, wondering if you could answer a question for me. I recently purchased IIT at $12 based on the belief that the the Rupiah was undervalued. As the stock rose, I assumed the rise was due in large part to the strengthening of the Rupiah. Now I see the stock is falling today as the Rupiah appreciates. Was my original assumption valid? I'm considering taking profits today as I am beginning to realize that I need to better understand the relationship between the currency and stock markets. Thanks in advance, Keith

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