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

To: Scott Greene who wrote (347)	2/14/1998 8:26:00 AM
From: williet	Read Replies (1) \| Respond to of 947

I just got this from the INTEL thread. Looks like all hell is about to break loose over there. What will this do to Rp and TLK & IIT? Message 3432395 A very concerned willliet

To: Scott Greene who wrote (347)	2/14/1998 9:38:00 AM
From: jim shiau	Read Replies (1) \| Respond to of 947

Scott, You can go to indoexchange.com./ to get the exchange rate and close price of TLK and IIT, and calculate the fair price of them. By the way, both of them are selling at discount. Jim S.

To: Scott Greene who wrote (347)	2/14/1998 2:48:00 PM
From: ----------	Respond to of 947

Scott: Using the formulae a couple of the folks have provided on this thread ( Indonesia tlk close * 20 / (rupiah dollar rate) ), it would seem to my pencil pushing that tlk closed at a slight discount Friday. However, this is like trying to hit a moving target backwards with a mirror & a rifle on your shoulder. <g> By the time the U.S. markets open on Tues., the "fair value" of TLK will have changed. They are roughly 12 hours ahead of us, so their trading day is over when ours begins. (Someone please correct me if my time is off.) I haven't studied it, but I wonder if anyone on this thread has found any correlation between premium / discount closes & what the stock does the following day? Regards, Doug