Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo who wrote (4757)	1/14/1998 6:48:00 PM
From: Susan Saline	Respond to of 120523

IIT TLK Wednesday January 14, 4:27 pm Eastern Time ADR REPORT - ADRs mixed in nervous trade By Ian Simpson NEW YORK, Jan 14 (Reuters) - American Depositary Receipts (ADRs) were mixed in nervous trade amid continued worries about East Asia and the larger New York markets. ''There is a blanket of uncertainty covering us,'' a trader said. ''The problems (in Asia) have not been resolved.'' Despite recoveries in Asian markets and signs that Indonesia would go forward with economic reforms as part of an International Monetary Fund bailout, markets were worried about talk of a possible default by Sino Land Co Ltd (0083.HK), a Hong Kong property company. Sino Land denied the rumors. Indonesia ADRs moved higher on relief over the reforms. Indonesian atellite Corp (ISAT.JK) (NYSE:IIT - news), a provider of international telecommunications services, was up 1-4/16, or almost nine percent, to 15-5/16. PT Telekom (NYSE:TLK - news; TLKM.JK) was up 11/16, or 8.3 percent, to 8-15/16. The companies' ADRs were among percentage-gain leaders on the New York Stock Exchange. Sue