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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (4612)	5/9/1998 10:37:00 AM
From: Greg Cassinerio	Read Replies (2) \| Respond to of 50264

I was thinking DGIV will be going for a bigger piece of the pie provided they can get financial backing from the big boys

To: Secret_Agent_Man who wrote (4612)	5/9/1998 5:42:00 PM
From: mnispel	Read Replies (3) \| Respond to of 50264

Requesting permission to come aboard. I am a long time lurker, been in since $2 but wish I had more. Buying a few more as possible. Sorry about the long post, but I have been trying to reach some clarity of mind in regard to all the unfamiliar names and organizations involved in the Indonesian activities. As I understand it PT Telekomunikasi Indonesia (TELKOM; NYSE: TLK) is Indonesia's major DOMESTIC telecommunications provider. They had revenues of about 4 trillion Rp in 1994 and grew to 5.9 trillion in 1997 (now about $650 million). They are divided into 8 business units. Seven of these are geographic regions, 5 of which are managed by joint venture partners called KSO's. Jakarta, region II, seems to be one of the regions still directly under TELKOM's control (in which apparently was our newly purchased PT Erakomindo Puranusa Telco Co.). The eighth business unit is for management of the DOMESTIC long distance infrastructure. TELKOM is in the midst of an aggressive T-2001 program to update it's telecommunications to be world class before the year 2003 when some free trade agreement called ASEAN seems to go into effect (needs to be investigated). According to them "T-2001 has two sequential objectives : First, which is the prerequisite of second objective, providing excellent telecommunication service at home, second, which is the ultimate objective, guiding TELKOM's emergence as a new global respectable player in telecommunication industry by the first decade of the next century." Now Indosat (NYSE: IIT), which has apparently been answering our phones in Jakarta, serves as the major INTERNATIONAL telco gateway to the country's infrastructure. According to their May 6 press release, in spite of the country's economic problems, they are doing fine and have reported 33% increase in profit over 1st Q 1997. They received 346.6 billion Rp in revenue in Q1 putting them at about a 1.5 trillion Rp (appx $165 million) run rate for 1998. Looking at their latest financial statements on their web site (Q3 1997) indicates they operate at over 40% NET margin (Net income of $53 million on $113 million revs in Q3), if this is any help in our earlier margin discussions. They also have the recently discovered connections to USA Global Link. Now one can see from both their web sites that TELKOM and Indosat often join forces in various joint ventures. Would it now be correct to assume that joint venture Citra Swara Adidaya mentioned in our Apr. 15 press release is a joint venture of Indosat and TELKOM and thus the answering of our phones by Indosat? All of this appears to fall into TELKOM's aggresive plan to upgrade their telecommunications technology during their T-2001 program and become a world class telecommunications country. We are apparently a part of something big and indeed "only better things can come from Indonesia." Mark Nispel Software Engineer What no science officer? At home in Nebraska, with no shoes on!