Satyam Infoway Ltd-(Nasdaq:SIFY) Message Board

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

SIFY 14.59

+2.3%

3:51 PM EST

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To: arin8192 who wrote (905)	2/27/2000 12:27:00 PM
From: Mohan Marette	Read Replies (1) of 1471

Clinton may visit Hyderabad on March 24,likely to visit Satyam,Hitech City&IIIT arin,it appears Clinton may visit Hyderabad and while there he is likely to visit a few places including Satyam Technology Center. I don't know whether Clinton's visit would do anything in particular for SIFY but it certainly won't hurt the stock. As for the budget, I heard it is going to rather 'harsh'. Most likely a lot of the subsidies will go,(never understood the logic behind giving subsidies to the middle-upper- and rich class), rich farmers may be taxed,there may be initiatives to bring more eligible people under the income tax regime as only about 3% of the eligible population pay income taxes (pretty dismal if you ask me) & it may be business/investor friendly by and large. There is talk about software companies coming under net of the 'tax-man' but I think it is very unlikely. Computer hardware sector may get some reprieve from import duties so as to bring down the cost of the PCs to consumers. Anyway we'll find out the details in a couple of days. timesofindia.com

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