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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (13686)	10/19/1999 6:27:00 PM
From: Kaliico	Respond to of 57584

CBTSY, thanks Rande, I'll buy around $6-7. More on SITY ipo.... SITY iam watching closely, AOL MSFT everyone looking for a foothold will want in this IMHO, why ? little Indian government involvement. Investors tend to have a thirst for India's stocks, Infosys, i sat on the sidelines though. In a May interview, managing director R. Ramaraj said Infoway had 40,000 subscribers at the end of April and was adding 10,000 to 15,000 more per month. India is expected to have 2.6 million Internet users by the end of this year, up from 535,000 at the end of 1998, according to India's National Association of Software and Service Companies. ICICI Ltd., India's second biggest lender and the first Indian company to have shares traded on the New York stock exchange, rose about 13 percent on the first day of its ADR trading last month. They've risen 14 percent since the Sept. 22 sale. Infosys Technologies Ltd., a Bangalore-based software company, in March became the first Indian company with shares traded in the U.S. The Nasdaq-quoted shares have since risen more than fourfold.