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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 (763)7/6/1998 11:25:00 PM
From: needawin  Read Replies (1) of 947
 
I agree with your facts, except PE ratio based on last year (see Yahoo) is 20. However, PE is now irrelevant in the short term. Yes there are a lot of problems but that's why the stock is $6 not $35 per share. My experience is to buy when things look the worst and prices are low. Patience will pay off here. The world is not going to abandon Indonesia and the rest of Asia. Things will gradually improve. Good Luck.
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