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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (8652)	10/20/1999 11:10:00 AM
From: TraderTerry	Read Replies (3) of 12475

Thanks Mohan. BTW, I am now out of SIFY . Will try and get back at lower levels. A wee bit over valued right now IMHO. What do you think? It is trading at a substantial premium over the price that Sterling Commerce paid for its 2.7 % stake. Sterling valued the company at $180m. An offering at $15 would have valued the company at $309m. And now with the stock in the 40's it is 3 times that.

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