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Strategies & Market Trends : India Coffee House

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To: Suresh Havalad who wrote (3104)	10/26/1998 8:03:00 AM
From: Mohan Marette	of 12475

Suresh: One of the reasons why BSE is up this morning could be due to the recent market/business friendly program announced by the PM last week,among others it includes a provision allowing Indian corporations to buy-back shares for the first time. MAST- some analysts have $30.00 dollars as a target price though I think it deserves more on account of the company's 5 year projected growth,hard to say what the short term price will be,I suppose it all depends on the Q3 numbers due out on the 28th.

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