SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (6289)2/18/2002 11:28:03 PM
From: T L Comiskey  Read Replies (1) of 13815
 
G...re IC...

To:T L Comiskey who wrote (30720)
From: Vijay Raghavan
Monday, Feb 18, 2002 1:28 PM
View Replies (1) | Respond to of 30822

OT - IC - In indian market they started booking profit today in this, since the news about 49% foreign investment limit finally hit the market..
in.biz.yahoo.com
So ADRs may weaken a little bit this week. I may take profit if it breaks 7.25 or so. However It has a better potential to see double digit within the next few months, since it is very undervalued at this time. There are lot of rumors floating about citibank buying a huge stake in IC and there was a new release a few days back that Moodys credit rating of IC is higher than any bank in india as well as their rating of India itself!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext