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

SIFY 15.00

-0.7%

Jan 12 3:59 PM EST

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To: Mohan Marette who wrote (654)	2/10/2000 2:13:00 PM
From: Mohan Marette	Read Replies (1) of 1471

OT India Inc's in the grip of a mania. WE know this IIT-IIM guy with Microsoft who's just put in his papers - a month before his stock options were due to kick in. A friend of his in ICICI, again IIT-IIM, has also quit without waiting for what promised to be a decent bonus. Is someone buying out their options and bonuses, giving them salaries several times what they've been getting? Not necessarily. For many of them, it looks like a downhill race in terms of quality of life: cars and cabs are out, trains are in; kiss the five-stars goodbye, say hello to value-for-money; don't even think of moving into town, a 600-sq. ft pad on the fringes of this mega-sprawl is like luxury, man. IIT=Indian Institute of Technology IIM=Indian Institute of Management economictimes.com

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