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Technology Stocks : INDONESIA'S PT TELECOM(TLK) -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (197)	2/2/1998 7:53:00 PM
From: Duke	Respond to of 947

Sankar, Thanks for your reply. Geez, after reading your posts I realize that I knew nothing about Indonesia and Rupiah. Good job Mr. Acharya! hope you post here more often. :-) Duke.

To: Rational who wrote (197)	2/3/1998 9:57:00 AM
From: Sandie	Read Replies (1) \| Respond to of 947

Sankar: It is a fascinating dynamic: Suharto's love for his economic legacy balanced against his renowned love for his children. I tend to agree that, like any dictator worth his salt, self-love will carry the day. But the cronyism to his miltary patrons and family is also the foundation of his power. What dictator in history has ever dismantled his own regime? It is hard to imagine significant economic reform preceding political upheaval. As I recall, the ethnic Indo-Chinese represent 4% of the population but control 70% of the GDP. Why do you believe that the ethnic Chinese want rid of Suharto? Haven't they flourished under his regime? And wouldn't they want a bloodless succession to Suharto's daughter TuTut (sp?). The alternative is civil war and a possible populist backlash against the Chinese? Again, the Chinese already have economic power within Indonesia. Why would they jeopardize this by alligning themselves with PRC in some overt political sense? I am no student of Asia, so I would welcome your comments here.