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

SIFY 14.83

-0.6%

Jan 26 3:59 PM EST

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To: ratan lal who wrote (584)	2/4/2000 2:30:00 AM
From: Mohan Marette	Read Replies (1) of 1471

Ratan: Don't know, the news about secondary offering was already known. Also note the actual offering is only 750,000 shares representing 3 mil ADSs and only a portion of the ADS offering is for the U.S market, the rest will be sold outside the country. There are a few very positive news items in the filing as well.I think if there any downward pressure will be minimal and temporary, I guess we'll find out in the morning.

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