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

To: Mohan Marette who wrote (714)	2/14/2000 9:58:00 PM
From: Mohan Marette	Read Replies (4) \| Respond to of 1471

Ref:Satyam Board meeting, stock split? Sify again or Parent Co? A report was published on Feb.11 regarding the board meeting and possible split, in a financial publication from India. This is reply from the editor I received via email (in response to mine asking for clarification of the report about the split). Take it for what it is worth, I wouldn't take any investment decision based on this. ============ Date: Mon, 14 Feb 2000 10:17:09 +0530 Reply Reply All Forward Delete Previous Next Close Dear Sir, The information came from merchant banking sources who are close to the company. They have informed us that the company is meeting during this week for considering a split. It is true that Satyam Computers is not listed in the overseas market and Sify did announce a split few weeks ago. However, the source maintained that a split in both the markets was on the cards. Thanks & Regards Editor ============ From: <mmarette@webserver To: <undisclosed-recipients:;> Sent: Friday, February 11, 2000 8:32 PM Mohan M. Marette>Gentlemen: I am referring to the following blurb which appeared on Feb 11 regarding Satyam.<br>I am a bit confused here since you said Satyam is contemplating splitting the share in domestic market and ADR market. If it is Satyam computer I didn't know they have ADR shares trading overseas. On the other hand if you are referring to Satyam Infoway, are you saying they may split the shares again? If I remember correctly Sify just had a 4-1 few weeks ago. Will appreciate a clarification.<br><br>Much obliged Mohan<br> ============= <br><br><br> 11-02-2000 19:49:04 <br>Satyam stock split?<br><br> The board of software firm, Satyam Computers, is expected to convene a meeting next week to finalize the splitting of the company's shares, both in the domestic and ADR market. Satyam shares hit the upper circuit and closed at Rs3642 on the Bombay Exchange today. The shares are expected to be split, either as two shares of Rs5 each or ten shares of Rs1 each.<br><br>