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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 20.95+2.0%10:42 AM EST

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To: tom who wrote (437)3/5/1998 1:39:00 PM
From: t-bone  Read Replies (2) of 947
 
This a good buy at 8, but I think it may go even further down in the next several weeks. This Suharto just does not want to cooperate and I think the US and IMF will back off and delay the steps that need to be taken. With Asia the ay it is, I dont see the US or IMF just turning their back, but it may take a little while longer for their to be any serious progress. In light of this, however, TLK is a huge company with so much presence I cant believe in a few years anybody who buys now wont be smiling.....by the way, does anybody know of a way to trade currency at the going rate, either on line or with a broker. I would think if the rupiah continues to fall, exchanging dollars would be a great investment. With all the volatility, there is a lot of money to be made here.
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