Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (7017)	3/12/2000 1:24:00 AM
From: crdesign	Read Replies (1) \| Respond to of 35685

The one qwirk about INFY was the huge spreads. e.g. Last week I noticed on a regular basis bid 320 ask 335 that was one reason I decided to make INFY a long hold. Not the kind of stock to check in the middle of the day. I'm convinced and agree, India will become a formidable IT player in this new world. No longer is the rest of the world going to supply us with bluejeans and stuffed animals. T

To: Jim Willie CB who wrote (7017)	3/12/2000 7:39:00 PM
From: pann1128	Respond to of 35685

Guys, The Indian government has recently implemented a policy where they limit the change in the price of a stock to 8% a day. This is because the market was extremely volatile and subject to serious panic/manipulation. Maybe this is Greenspan's dream <G>. Anyway, from what I have heard, companies like Morgan Stanley and Merril Lynch play the spread to make some easy money. Not sure if I want to buy the INFY ADRs knowing what I know. There are many other fish in the sea for now. Piyush