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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (820)	5/26/1998 1:19:00 PM
From: Shivram Hala	Read Replies (1) \| Respond to of 12475

:) I got out at 56 1/2 after reading a few articles about MANU. At the mid 20's it's I think, a good buy. I'll be looking into that. It'll be a year before there'll be meaningful competition from PSFT, BAAN, ORCL, SAP... Growths of 30-40% doesn't seem far fetched. With the market being so much overvalued and fundamentals basically being thrown out of the window, any negative news will sock the puppy for a long time. I think MANU will be an exception and bounce back in the next quarter. At these price levels MANU may be attractive as a takeover target. Shiv.