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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 21.13+2.0%3:59 PM EST

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To: dppl who wrote (379)2/20/1998 6:53:00 PM
From: Sam Citron  Read Replies (1) of 947
 
Dppl, Shankar,

This one reminds me a bit of Philippine Long Distance in the waning days of the Marcos administration. Those who bought at that time were handsomely rewarded once the political situation stabilized. I've tramped around on Java and Bali years ago and was very impressed by the people and resources of this magnificent country. I also believe that even in these days of telecom competition, a basic national telecom monopoly, which I presume TLK is, is still worth something. I haven't yet started to research this company in a serious way, but am starting to get interested. Do you folks think this one may be worth a nibble or two for a patient long-term investor?

SC
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