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To: Mohan Marette who wrote (4847)7/1/1999 12:28:00 PM
From: Lee  Read Replies (2) | Respond to of 12475
 
Hi Mohan,..Re:.NAPM Mfg Index and stuff-Just beautiful

The numbers looked good. Not only that, import orders down and export orders up - you know what that might do to 2Q GDP?<g> Let's just hope Alan and his friends abandon this 2-3% growth rate as the economy's speed limit. <g>

You been having trouble with SI this morning? I keep getting "Server Error" and it's been down for a long time. It's not my ISP because SI is contacted almost immediately but then there's a lonnnng wait. Also, other sites load quickly. Must be their beta site crashing the servers?

Best,

Lee



To: Mohan Marette who wrote (4847)7/1/1999 12:35:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 12475
 
Indian movie star Amitabh Bachchan beats Sir Lawrance Oliver in BBC poll.

Top 10
1)Amitab Bachchan
10)Govinda
titc.se

Indian film star Amitabh Bachchan has been voted the greatest star of stage or screen by BBC News Online users. Mr Bachchan was voted in by a large margin, pushing Sir Laurence Olivier into second place, followed by Sir Alec Guinness in third....
news.bbc.co.uk

Kohram a Bachchan film
kohram.net



To: Mohan Marette who wrote (4847)7/1/1999 1:25:00 PM
From: Mohan Marette  Respond to of 12475
 
IPO News:Hughes Software Systems (India) offers 26% pie to public

Hughes Home Page
hssworld.com

(Thursday, July 1, 1999)

Abhijit Das & Baiju Kalesh in Mumbai

Delhi-based Hughes Software Systems Ltd, a subsidiary of Hughes Network Systems, US, is planning to come out with a public issue. The company is planning to offer about 26 per cent of its stake in the company to the public.

Sources close to deal affirmed that Kotak Mahindra had been appointed as the lead managers to the issue. The details of the issue size and pricing could not be ascertained and the offer document is being drafted. The company has yet to submit the document to the Securities and Exchange Board of India (Sebi).

A faxed questionnaire sent to the company went unanswered as the entire top management is presently in the US for the company's board meeting.

According to sources, the company has already given the green signal to the initial public offer on June 25.

Hughes Software was initially set up as 51:49 joint venture with Escorts. Hughes then bought over the 49 per cent Escorts holding in the company to make it a 100 per cent subsidiary.

Hughes Software Systems, is a 100 per cent export-oriented unit with a major chunk of its business coming from the US markets. The company also has operations in Europe and Asia. It is entering the capital market to fund its huge export orders.

The company mainly focuses on real-time embedded software development in network management systems, digital cellular working, and satellite communications. To meet all its networking operations, the company has a 128 kbps satellite link that facilitates world-wide communications.

Hughes also offers solutions for enterprise networking, Internet/intranet solutions for diverse customer base.

In addition to this, the company has also developed certain test and measurement tools. These include Expoze, a productivity tool for automated software testing; Packet Generator, a test and measurement tool for testing network components; and Object-Oriented Technology, a COBRA-based network management and mobile applications software.