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


To: Rational who wrote (199)2/2/1998 8:25:00 PM
From: Jyoti sharma  Read Replies (1) | Respond to of 947
 
Sankar,

Thank you for your views on Rp/USD. Regarding TLK dollar debt it will require some digging in. My understanding is that almost all the hardware is bot in dollars. Of course the suppliers will wait patiently to get their money and this debt is hard to estimate (not on the books). I have some information from year end 1996 but that is very old. I will try to post some estimates.

Regarding TLK's value I fully agree with you. Even if Rupiah stays at current levels TLK is very good buy below 10 for the long term. If Rp/dollar comes to below 5000, you will double your money. IMO TLK at 10 is better value than IIT at 17.

Best wishes and regards

Jyoti