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Technology Stocks : INDONESIA'S PT TELECOM(TLK)
TLK 21.12+1.3%Jan 30 9:30 AM EST

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To: tom who wrote (759)7/3/1998 11:18:00 PM
From: needawin  Read Replies (3) of 947
 
What goes up can come down and what goes down can go up. What's really different today than one year ago? Indonesia still has the fourth largest population, the communications/technological revolutions are still proceeding, the population is still growing. What's different is some banks got over extended and now are asking for a bailout. The way the world works they will get it. After that, investment will return to Indonesia for the same reasons it went there in the first place. This may take some time but today's world moves rapidly. I think two years from now this will be a memory. Positive steps have already been made. I will be surprised if we see tlk at $5 a share again.
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