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To: MARK C. who wrote (3376)5/5/1998 4:30:00 PM
From: Forest Gump  Respond to of 50264
 
I still want to be an alien



To: MARK C. who wrote (3376)5/5/1998 6:08:00 PM
From: Pablo Escobar  Read Replies (8) | Respond to of 50264
 
Since I am an evil shorter does that mean the only place on your ship for me is in the brig.LOL Please have mercy on me captain. For I am not wise nor am dumb. Educate me and I will educate you. Convince me I am a fool and I will humbly leave. I simply come to debate the current state of Indonesia and why not one of you is worried about it.

Tell me why is it that riots and looting have occured in Indonesia yet none of you seem to care. The markets are weak with fear that Suharto will be ousted. If he is who knows what will happen although we do know it won't be good. The IMF may choose to pull the aide package it has extended to the country. As for the Rupiah we do no that it will fall back to all time lows against the dollar.

Corporate profits are shrinking due to the Rupiahs decent. Several Indonesia firms whom where profitable in 1996 saw the red ink in 1997 due to the currency fluctuations. Those fluctuations are not over. Especially with the inflationary pressures the price increases inacted yesterday will cause. They invite the hedgers such as George Sorros to come in and destroy a currency.

My question is why is this a good entry point into the Indonesia market. Perhaps waiting would have been a better strategy. Wait for further devaluation.It could have meant a cheaper price. By the way how much did they pay for the company in Indonesia. I do understand if they waited competition could have come in swooped up this company before them.

I noticed you are all an extremely energetic and intelligent group of investors who strongly believe in this company. Please answer my questions. Who knows maybe I can be swayed from the dark side.

PS:If you ask me to leave politely I will. Good Day.
UpNwDwnLtr@aol.com