INDONESIA'S PT TELECOM(TLK) Message Board

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Technology Stocks : INDONESIA'S PT TELECOM(TLK)

TLK 20.68

+1.0%

Nov 7 9:30 AM EST

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To: Susan Saline who wrote (410)	2/24/1998 11:48:00 AM
From: tom	Read Replies (2) of 947

Just in case anyone was getting bullish........... Bad news for Indonesia. The number of people living below the poverty line is expected to increase from 24m to 72m as a result of the economic meltdown. GDP per capita (@ 12,000 Rp/US$) is US$236 compared to US$750 in China and US$400 in India. At the worst point of the crisis in the 1980s Philippines got down to GDP of US$500/capita. For reference Indo GDP per capita was US$440 in 1987.

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