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

To: Nandu who wrote (2988)	10/6/1998 9:32:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Anil,I guess you are right but I think we should get at least 5% GDP growth for the year.As for inflation,it is a bit on the high side hope they bring it down back to 5% level soon somehow. Satyam computers-Your stock didn't do too badly the other day when the market retreated some +200 points only lost 6% but today was an up day so it should have regained some that.

To: Nandu who wrote (2988)	10/10/1998 11:02:00 AM
From: Mohan Marette	Respond to of 12475

How to fight corruption-Everybody can make an impact-Here is one way. Anil and all: Here is one way to fight corruption,if anybody is interested they can join the fight against corruption.I thought it must be of particular interest to us for obvious reasons. transparency.de How to support Transparency International in their fight against corruption and how to join in. transparency.de PS: How did you hold up last week in the market,hope it wasn't too bad. So far I am O.K no serious damage except giving back a lot of the gains and I am working on a strategy to avoid any loses if it happens again but in order for it to work the market and my stock will have gain some lost grounds.Any thoughts or comments?

To: Nandu who wrote (2988)	10/12/1998 8:02:00 AM
From: Mohan Marette	Respond to of 12475

India's NIIT FY'98 Earnings to Rise 70 % to 1.16 Bln Rupees Anil: Hope this news bode well for your holdings in Satyam Computers. ================================== Source:Bloomberg 10/12/98 Expected Earnings NIIT Ltd., an Indian computer software maker and trainer, is expected to post a 70 percent rise in earnings to 1.16 billion rupees ($273 million) for the fiscal 98, according to a Bloomberg poll of four analysts. For the year ending Sept. 30 the company made a profit of 684 million rupees, last year. Expected Time The company is expected to announce its earnings on Wednesday, Oct. 14. Behind the numbers The growth in profit is expected to be led by rising revenues in software development and exports. It will also gain from improved margins after taking on more value-added business, analysts said. The company has also expanded into the U.S and Europe to buffer it from the slowing markets of Southeast Asia. Last month, NIIT said it expects sales to rise as it bagged more projects to integrate computer systems for electronic commerce. What the experts say ''Business growth, steady earnings and savings in interest costs will help the company,'' said Jayesh Parekh, an analyst at SMIFS Securities in Mumbai. Previous market reaction The stock rose 3.31 percent to 1,536.5 rupees after the company said its third quarter earnings rose 91.1 percent to 453 million rupees for the three months ended June 30. The stock which has risen 94 percent in a year, closed 34.5 rupees lower at 1,285.5 rupees today.