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


To: Tony van Werkhooven who wrote (296)2/10/1998 8:24:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 947
 
For what it's worth,

The past is a good indicator of the future.

The INDO currency will stabilize, the question is when.

3 years ago the Mexican PESO was devalued, and the US came to their aid with a government loan, which many fought against, due to the fact that they believed the country would default.

Actually, Mexico DID pay off the loan, early too.

The peso DID come back nicely.

I bought into a Mutual fund at that time, 3 years ago.

The fund has DOUBLED my investment in that 3 years!

Yesterday I called the Fund and transferred half of that Latin Investment into the PAC OP fund

Compare TLK to TMX (3 year) charts.

Sue