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


To: Duke who wrote (227)2/3/1998 6:19:00 PM
From: Rational  Read Replies (1) | Respond to of 947
 
Duke:

We are in agreement; just that too many agreements are not bullish. We must therefore have Tom in the team. <G>

As we speak, Rp has remained stable at 9750-9800 per USD. I cannot believe Telekom and/or Rp falling by 16% tonight to justify the discounted price of 8.75. [But, Rp has fallen at a faster rate per day and so it can.] This stock can easily reach $15-20 soon after the political scene is cleared -- earnings are not critical for this wounded tiger that the govt will be forced to unleash when the stock price and Rp reach appropriate levels, IMO.

Sankar