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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (9128)	10/29/1999 12:55:00 PM
From: Sultan	Read Replies (1) of 12475

Re. INFY, indian market could be the reason. However, for any one who is looking at INFY on nasdaq, it is a trading stock. Fundamentally, if you feel compelled to own Infosys, then shares trading on Indian markets are better value, comparing it to INFY. But then you can buy them only if you are based in India. But my take on INFY is that it is momentum driven and very over valued so if the momentum crowd leaves, share will be gradually heading down... FWIW. Don't have a position..

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