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

To: RDH who wrote (495)	5/6/1998 1:10:00 PM
From: jason	Read Replies (1) \| Respond to of 947

RDH: Agreed. The current market seems to be assuming that the country is heading into insolvency. When things stabilize, the stock will recover sharply, IMO. Judging from the volume of the stock today (already traded more than 3 MM shares as of 1pm), it looks to me that we probably have already seen the selling climax. The last two times when volume were more than 5 MM, it signaled a short-term bottom (Early Jan) and a short-term top (late March). Today could signal a short-term bottom, and the stock could head to 9 from here. All IMO. Bluesky