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Strategies & Market Trends : India Coffee House
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To: ratan lal who wrote (10099)12/19/1999 9:31:00 AM
From: Mohan Marette  Read Replies (1) of 12475
 
Ratan: I sold most of my SIFY along the way for some nice chunk of change but decided to leave a few on the table just in case, now even if it tanks what is left won't do much damage to my portfolio. I think the Trade Mark issue is real and may cause SIFY some headache, I won't be surprised if we see a law suit surfacing in the U.S as early as next week and if it does this could hurt the stock in the short run or until the issue is settled. How long the this Trade Mark issue will continue depends on how big ASAP's wallet is and how badly they want to get back at Jain but in any case I don't think SIFY and IndiaWorld Communications can ignore the issue as long as SIFY is listed on NASDAQ and as long as they continue to use the 'trade mark'. It should be interesting to watch anyhow.
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