Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (2600)	2/8/1998 10:13:00 PM
From: JD	Read Replies (2) \| Respond to of 4718

Update on Indonesia. Some good news ... Indonesia getting public support from Japan and Brunei regarding some type of financial rescue plan. Also strong military presence in the streets appears effective at keeping rioting at bay. Some bad news ... inflation is going to be severe (recent official announcements that gas will rise 25%, airport fees 400%) which will make doing business there more expensive. More ominous, though is the ongoing violence directed at the ethnic Chinese who are the majority of business operators (ie. the easy scapegoat for the average man in the street). Someone recently posed a disturbing question, one I had not factored in to the equation, asking how long China was likely to stand idly by if the violence against their brethren continues. As for ANZ in Indo.... The COW's will make/break the Indo play. Given the region 's political/social/economic situation it's basically a coin toss right now. Not likely to be resolved until after Soeharto's re-election mid March. Just some food for thought. JD