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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 12.04+5.7%10:50 AM EST

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To: ratan lal who wrote (99)10/22/1999 11:37:00 AM
From: Mohan Marette  Read Replies (1) of 1471
 
Ratan:Regarding Rediff, I don't know whether I can get in on the ipo deal yet, guess it depends on who gets to underwrite it as the lead manager.

As for SIFY, it is a division of Satyam Computers, Satyam Computers may come out with their own ADR is what I am hearing.

INFY and SIFY are different as you know, the former being a software company the other being an ISP,Portal,ecommerce site etc.SIFY should be offering a lot more service than just ISP is what I am hearing. I have a contact in Hyderabad in the industry and this is what he is hearing, don't quote me on that though. Sify like Infy is thinly traded stock so volatility should be expected. I guess it also depends on how the Indian exchanges do,they have been down for the last two days mainly due to concern that the Y2K thing.
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