Satyam Infoway Ltd-(Nasdaq:SIFY) Message Board

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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)

SIFY 14.26

-3.3%

Jan 16 3:59 PM EST

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To: manohar kanuri who wrote (481)	1/6/2000 10:34:00 AM
From: Rock_nj	Read Replies (1) of 1471

Yes, but ADRs derive their value from the value of the underlying foreign securties. When you buy SIFY in the U.S. you are not buying stock. You are buying an ADR that derives it's value from the uderlying foreign stock. SIFY's foreign securities (the stock in India) is not spliting 4 for 1.

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