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Technology Stocks : Infosys Technologies Ltd. (Nasdaq:INFY)

INFY 18.21

-2.3%

Jan 20 3:59 PM EST

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To: Mohan Marette who wrote (1)	2/20/2000 12:12:00 PM
From: Mohan Marette	of 29

"India's Infosys leap into e-commerce"- Far Eastern Economic Review On a cool September afternoon, Infosys Technology's sprawling Bangalore campus is buzzing. In a bustling cafeteria, software programmers hold animated conversations over a quick lunch of dosas. Nearby, workers put the final touches on an office tower that will soon house 1,700 employees. A cordless phone glued to one ear, Nandan Nilekani, the 44-year-old managing director of the software-services firm, flits in and out of Chairman N.R. Narayana Murthy's office. Infosys is a company in a hurry. In just over two years, net profits have more than tripled: They came to nearly $32 million for the year ended in March. Sales in the same period almost tripled to $122 million. In March, the company became the first in India to list its shares on America's Nasdaq exchange. 203.105.48.72

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