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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: tom who wrote (419)3/1/1998 11:48:00 PM
From: Solon1 Recommendation  Read Replies (1) of 947
 
If you've been talking with Peter Gontha, I'm impressed!

Gontha, the President Director of pay TV monopolist Indovision, was the first person who really proposed the CBS idea, and is one of the best salespeople you could ever find. He's also very well connected, so if he is your contact, trust what he says - you're in with a power player.

Indosat simply cannot default on its debt, or its interconnect arrangements will be history. It is usually one of the most profitable companies in Indonesia and, with the exception of its sleazy sister companies Sisindosat and Kopindosat, is quite well run (well, for Indonesia, at least).

Mar'ie Mohammad has already gotten the boot, as a direct result of his long-term efforts to have the Timor car project scuttled. The cover story of The Economist this week is quite interesting in this regard.

Stay well, monsieur!
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