Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Asia Pulp & Paper Company (NYSE:PAP) -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (40)	10/14/1998 3:27:00 AM
From: Researcher	Respond to of 63

Asia Pulp & Paper site asiapulppaper.com Good Investing Researcher

To: Sun Tzu who wrote (40)	10/15/1998 4:18:00 AM
From: Dayuhan	Read Replies (1) \| Respond to of 63

Saw your Asia Forum post, and looked around a bit. I have to say the fundamentals look very strong, but your assessment of the Indonesian situation is quite accurate. I had a long talk today with a friend, a journalist who specializes in Indonesia; we agreed that the Habibie regime has a very limited life expectancy. It should be recalled that Indonesia does not have a history of peaceful political transitions. One very crucial question - is PAP owned in part or closely identified with any members of the Suharto family? If it is, it could easily become a target for nationalization if an opposition party takes power. Chinese ownership could also make the company's operations a target for looting or damage in a period of disorder. If PAP comes through the chaos relatively unscathed, though, it would be an excellent buy. If (more likely when) Indonesia gets into real political trouble, that will be a time to watch PAP closely. It will almost certainly fall if things get bad, but if anything short of a really radical government gets the upper hand, that will be a time to buy. IMHO, FWIW, and all the usual disclaimers. Steve