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

To: Bala who wrote (3887)	3/11/1999 12:07:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Infosys soars on first day of U.S. trade Hey Bala, Get a load of this. ============================== Thursday March 11, 11:45 am Eastern Time (Note: this article is ''in progress''; there will likely be an update soon.) NEW YORK, March 11 (Reuters) - Indian software firm Infosys Technologies Ltd. (Nasdaq:INFY - news) saw its share price surge nearly 50 percent on its first day of trading Thursday, becoming the country's first company to list on a U.S. exchange. Infosys, one of India's most successful companies of its kind, climbed $16 to reach $50 in late morning trade on the Nasdaq market on a volume of more than 1.6 million issues.