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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Nandu who wrote (7682)10/3/1999 12:41:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Ref:Satyam Infoway ADR

Nandu:
I see your point but am not sure how they are going to handle this. I'll let you know if I hear anything.



To: Nandu who wrote (7682)10/4/1999 2:00:00 PM
From: Mohan Marette  Read Replies (2) | Respond to of 12475
 
Nandu speaking of Satyam, Infoway sets the price range to $12-$14 and set its number of shares to 4,175,000.Should come to market 1st week of Nov.



To: Nandu who wrote (7682)10/14/1999 10:18:00 AM
From: Mohan Marette  Respond to of 12475
 
Nandu: Regarding 'sify' I have the following information.

1.No IPO will be issued in India.
2.Satyam Computers own some +59% of 'sify'
3.17% of 'sify' is owned by South Asia Regional Fund,a VC firm.
4.Some 2.5 million ADS will be offered in the U.S and the rest will be issued outside the U.S excluding India.
5.Each ADS represents 1 ordinary shares of the company.