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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: panteon who wrote (8198)	4/11/2001 2:08:12 AM
From: 2MAR$	Read Replies (1) \| Respond to of 19633

apparently INFY's band stopped playing----->Infosys <INFY.BO> dives to 18-mth low BOMBAY, April 11 (Reuters) - Indian software leader Infosys Technologies <INFY.BO> plunged 16 percent to an 18-month low on Wednesday on concerns over outlook after it announced lower than expected earnings for the fourth quarter, analysts said. The stock fell to 3,238.85 rupees -- the lowest level since September 1999 when it struck 3,050 rupees. It dragged the market down , the benchmark Bombay equity index falling over three percent to the day's low of 3339.73 points. It is already at a 23-month low. Infosys announced a net profit of 1.82 billion rupees for the January-March quarter against a Reuters poll consensus estimate of 1.85 billion rupees. For Infosys results double-click on [nBAY001214] ((Bombay newsroom, +91 22 265-9000 fax +91 22 264-1699, umesh.desai@reuters.com)) REUTERS *** Now what Tom should do is give out cash prizes to anyone who makes a great calls in advance ...of course the Tom we know , would prolly give out some food stamps ...hehe (kidding!) ;-))