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Strategies & Market Trends : India Coffee House

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To: Swami who wrote (4472)6/12/1999 11:54:00 AM
From: Lola  Read Replies (1) of 12475
 
lol... you think way too much Swami... I meant to say that we should trade Y2K software stocks that may have listings on American exchanges etc.

India's growth in customized corporate Y2K solutions is amazing. With us being almost at the mid point of the year, Indian Y2K software companies will take off like rockets.

I'm not sure I feel comfortable trading stocks directly on an Indian exchange but hell from what I've seen on the Nasdaq, the OTCs and the Canadian exchanges... I think trading stocks on an Indian exchange may not be such a bad idea after all!

Imagine North American daytraders trading Indian stocks all night long! We'll turn that country around yet. As a child I used to dream that when I returned from Canada I would run the country of my birth. But I've changed my mind about that... you saw what happened to Indira Ghandi. No thanks... politics is not for me!

The Internet is India's saviour. Indian companies are so advanced in the quality of their software.. especially Internet related stuff that Bill Gates opened a new company separate from Microsoft and based it out of India! Imagine that.

These Indian software engineers were all trained at American Universities... an initiative which began with the Indian government itself. They have the best training in the world and the lowest cost of living... no other country will be able to compete with them now.

India has everything it needs now to become a major player at least when it comes to Internet and software. Plus with software we won't have to deal with the problem of product never reaching it's destination because of a truck being robbed! Software is after all downloadable. <ggg>

By the way, India has committed $50B to revamping their telecommunications system. India will go from having the worst telecommunications system in the world to the best in the world because they will be completely wireless.

Lola:)
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