INDONESIA'S PT TELECOM(TLK) Message Board

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Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 21.27

-0.3%

3:59 PM EST

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To: tom who wrote (395)	2/23/1998 6:19:00 PM
From: Sam Citron	Read Replies (1) of 947

Tom, I am not so sure your pessimism is warranted. Philippine Long Distance Telephone also looked bleak in the waning days of the Marcos era. Whether the transition is marked by excessive bloodshed or not, a national telecom monopoly in a country the size of Indonesia is still extremely valuable. Your comment about there breing too many phone lines in Indonesia for the level of incomes is incomprehensible to me. Poor farmers need to communicate as much as wealthy businessmen, and will do so given any reasonable pricing policy. It is pricing that makes all the difference-- see, for example, Israel's extremely high rate of cellular penetration because of low pricing. SC

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