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


To: Rational who wrote (226)2/3/1998 5:47:00 PM
From: Duke  Read Replies (1) | Respond to of 947
 
Sankar, Jyotik, Tom: I have a big applause for all of you. That was a very nice debate. However I'm totally agree with Sankar and Jyotik. One of the reason I bought my 1st share of TLK is Rupiah, I believe that the fall has reached the bottom. $7-8/share for Telekom is dirt cheap, this stock will be worth more than $15 when Rupiah back to level 5000 Rupiah per USD. Not only Indonesian Government want stabilize their currency but also its neighbors and U.S, Japan. With all those efforts I don't think we're going to see 15k Rupiah/USD again. Indo goes into communist? Nah...another 30 yrs may be, after Vietnam become a free country. With my full truck of TLK and IIT, I'm very comfortable with these situations.

Again, you all done a wonderful Job.

Regards;

Duke.



To: Rational who wrote (226)2/3/1998 6:16:00 PM
From: Jyoti sharma  Respond to of 947
 
Sankar

I have no idea what happened at the close. I am guessing they had a large sell order at 4 PM or some one is guessing rupiah is going weaken tonight. Specialist may not want to carry his inventory overnight.

Jyoti