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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 249.14

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3:59 PM EST

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To: Bill Harmond who wrote (93079)	2/7/2000 3:26:00 AM
From: Amit N. Sangani	Read Replies (2) of 164684

William, Good to see you buy back into stocks. Have you ever thought of investing in global software companies, especially Indian software companies like Satyam Infoway (SIFY), Infosys (INFY) & ICICI-my favourite (NYSE: IC). These companies have given phenomenal returns last year and are expected to do very well in next couple of years. Some of the advantages these companies have are:- 1) Excellent quality & cheap talent pool available in India 2) Interest rates going down in India 3) Indian stock market coming out of recession 4) Also, political situation stabilizing a lot better than people expected. 5) Internet & Wireless businesses growing like crazy in India. Also there are about 7 companies (in the same category as SIFY, INFY, IC) which are planning to be listed on Nasdaq in 2000, starting as early as March of this year. Some of them could be :- - Zee Telefilms (Media giant, Cable ISP) - NIIT (Educational king) - Satyam Computers (Software company, parent of SIFY) - Wipro (Software company) - Silverline (Software Company) - ICICI Bank (Subsidiary of ICICI Group) - Global Telesystems, etc. Let me know what you think about it, Thanks, Amit

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