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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 11.62+0.6%Oct 31 9:30 AM EST

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To: Mohan Marette who wrote ()6/18/2000 10:18:00 AM
From: techtonicbull   of 1471
 
Distressing Call from Netbulls:

"===

Play of the Day - Short

Satyam Infoway Limited - SIFY $23.25 (-6.00)

(see details in plays section)

Sunday's Comments: 06/18/00

The picture continues to get bleaker for SIFY. Shares of the
Indian ISP provider fell an additional 4.86 percent Friday,
closing just off its session low. In addition, trading volume
has increase as the stock has retreated indicating that the
worst may not be over for SIFY quite yet. In addition, SIFY is
near breaking through its next support level at $22, which if
happened could propel SIFY to retest its recent lows at $16.
Consider opening a new position if we see SIFY continue to
retreat Monday with heavy trading volume.

Picked on June 15th at $24.44
Change since picked -1.19
Earnings Date N/A

Chart = netbulls.com

Visit netbulls.com to view complete profile and play
history."
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