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


To: Rational who wrote (214)2/3/1998 12:57:00 PM
From: tom  Respond to of 947
 
Using consensus estimates in Indonesia is highly dangerous. It includes estimates from analysts that haven't updated their numbers for 6 months. To give you some idea of the real 1998 eps estimates:

Merrills are going for 145 Rps/share, SocGen Crosby are going for 175, Credit Lyonnais are going for 130.

I also exclude the clueless analysts and most brokers involved in corporate finance with the company (eg SBC Warburgs are going for 197/share but they were a lead manager)