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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY) -- Ignore unavailable to you. Want to Upgrade?

To: Vijay Raghavan who wrote (35)10/19/1999 12:23:00 PM
From: SunSunM  Read Replies (1) | Respond to of 1471
 
Picked up some @ $31. See whether it can penetrate the resistant @ $35 1/2 before the end of the day.

Regards,

KC.



To: Vijay Raghavan who wrote (35)10/19/1999 12:24:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 1471
 
Sify doesn't trade in India as a separate company, it is the parent company Satyam Computers which trades on the Indian exchanges.SIFY is a subsidiary of Satyam Computers and the parent owns some +59% of the SIFY's outstanding shares after the public offering,some 17% is owned by a VC.



To: Vijay Raghavan who wrote (35)10/19/1999 5:45:00 PM
From: Mohan Marette  Respond to of 1471
 
"We are thinking of an ADR for Satyam Computers as well,"-Ramalinga Raju,Chairman SIFY.

..."the offering was many times oversubscribed by just the third day of the road show and we revised our $ 12-14 initial price range upwards by 30 per cent within a week of the launch, finally pricing at $ 18 per ADS..." -Merrill Lynch

hindubusinessline.com


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