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


To: williet who wrote (494)5/6/1998 9:00:00 AM
From: RDH  Read Replies (1) | Respond to of 947
 
Tom,

I hope all is resolved peacefully and that Indonesia does come into the 21st century as a country posed to succeed.

I believe that although this situation will get worse, that the promise of it getting dramatically better will at some point spark accumulation of the bigger cap stocks. We see this historically over and over -- when things look terrible and look like they are going to get worse that is when the market begins its recovery. This is what we will see here, IMO, in the next few days. Then as the worst doesn't materialize and things begin to actually get better the market will continue rising. In this case we may see gains of 50 to 100% in the next 12 to 18 months.

- RDH.