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 20.78

-2.9%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Susan Saline who wrote (345)	2/14/1998 9:12:00 AM
From: Jyoti sharma	Read Replies (1) of 947

Susan, >>When INDO settles down their crisis, TLK and IIT will prevail. I share in your conclusion. However Indonesia is not going to settle down soon. Suharto is not going to do any thing to hurt his children's fortunes. Currency board is a charade so that his children can take more money out of INdonesia at a good exchange rate. I have traded both of this stocks several times and consider them undervalued on fundamentals. Fundamentals do not matter in a time of economic crisis. I think there is a very good chance both TLK and IIT will make new lows in near future. Until and unless Suharto agrees to put real reforms in place, buying Indonesian stocks is sheer speculation. Best wishes Jyoti

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next