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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: Susan Saline who wrote (370)2/17/1998 9:29:00 AM
From: dppl  Read Replies (1) of 947
 
I have just read a MS research report on IIT and TLK dated 16 Feb, by Jeff Camp and Lina Choi, in which they report recently proposed price increases in Indonesia. MS has just upgraded TLK from an underperform to a neutral and are leaving IIT at a neutral. However, the ability to implement these price hikes and the assumptions the MTPT is making about the rupiah strike me as extremely optimistic. Nonetheless, if you can look out for a year or two both are still probably a reasonable bet.

DPPL
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