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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 20.56-3.0%Nov 13 3:59 PM EST

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To: tom who wrote (329)2/13/1998 10:09:00 AM
From: Jyoti sharma  Read Replies (1) of 947
 
Tom,

Looks like your past predictions about Indonesia are coming true. Currency board idea at this time does not make any sense to me. I think risk in Indonesia now is much greater for any prudent investments. I sold my position yesterday for a very small loss. I have traded TLK three times before and every time had a nice profit. Now it's very hard to look into the crystal ball. IMHO markets will not allow currency board to work and there is a good chance TLK may trade a lot lower than current prices.

Best wishes.

Jyoti
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