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

To: ratan lal who wrote (4196)	5/3/1999 3:23:00 AM
From: Satish C. Shah	Read Replies (1) \| Respond to of 12475

"Satanic Verses", revisited. not yet, but promise I will. Hello Ratan: I just finished the following two books. They are funny, kind of tongue in cheek funny. Christofer Buckeley (Yes, Bill's son), The little green man. CIA is behind all those UFOs to convince the Russians that we got super technology from aliens. Now CIA kidnaps a talk show host (if you thought Larry King type, you are very close)and makes it look like UFOs did it. Very funny. Jim Leherer (yes, the same one from M-L report on PBS), The Purple Dots. A new CIA director is nominated and republicans are trying to block the nomination. CIA administers truth serum to the senator......, blows up another's car, the usual dirty tricks. Ratan, I have a gut feeling that you would have recovered much faster reading these books rather than Mr Rushdie. Regards, Satish

To: ratan lal who wrote (4196)	5/4/1999 4:26:00 PM
From: Mohan Marette	Respond to of 12475

Indians hit goldmine at Goldman Ratan, Check this out,quite revealing and interesting I suppose. ==================================== Govindraj Ethiraj MUMBAI 4 MAY ALOK Oberoi, Girish V Reddy, Mukesh K Parekh, Ravi Sinha, Harkanwar Uberoi, Dinakar Singh, Ian Mukherjee, Avi M Nash and Sanjeev Mehra are all richer by $30m to $50m each today. All nine work as managing directors in investment banking major Goldman Sachs whose $3.7bn IPO, the second-largest ever, got priced at $53 on Monday. A few of the eight MDs are also members of Goldman's partnership committee. Like Goldman's other managing directors and partners, they will now be able to encash their shareholding in the company. Analysts are already predicting that the price of Goldman stock will shoot past $70 a share. The eight managing directors of Indian origin manage diverse portfolios in Goldman. Mr Oberoi, for instance, is a private client service specialist while Mr Nash is a chemical industry analyst. Mr Singh is considered an expert on derivatives and Mr Reddy handles proprietary trading for Goldman. Mr Mehra is in charge of private equity. At $53 a share, investors valued Goldman at $29bn, based on a total of 548m shares outstanding. The outstanding stock includes some 103.4m shares Goldman set aside for stock and option awards to its 221 partners and 13,000 rank-and-file employees. The offer makes Goldman the fourth-largest US securities firm by market capitalisation, after Merrill Lynch, Morgan Stanley Dean Witter and internet brokerage Charles Schwab Corp. Goldman's shares started trading on the New York Stock Exchange today under the symbol “GS”. Goldman co-chairman and CEO Henry M Paulson Jr and vice-chairman Robert J Hurst are expected to be worth over $200m each after the offer. The underwriters of the $3.7bn offering — second only to Conoco Inc's $4bn debut last fall — set the price after the offer was oversubscribed over 10 times. Kotak Mahindra International Ltd, a subsidiary of Kotak Mahindra Capital Company (KMCC), was the senior co-lead managers for the offer for Asia Pacific, the first time an Indian investment bank was a senior syndicate member in a global ADR transaction. KMCC is Goldman's Indian affiliate. Goldman earlier scrapped a plan to go public after financial turmoil bloodied its profits and depressed the firm's potential value. This time, Goldman got it right after the Dow Jones Industrial Average on Monday crossed the 11,000-point-barrier, up 20 per cent for the year. The firm earned a record $1.2bn in its first quarter. Goldman's biggest shareholders, Sumitomo Bank of Japan and Hawaiian education trust Kamehameha Schools/Bishop Estate will cash out on some of the investment they made a decade ago. They are selling 9m shares each in the offering totalling 18m. Goldman broke a 130-year-old history as a partnership company. Marcus Goldman, a German immigrant and former retailer, founded the firm in 1869, as a commercial paper dealer in New York. In 1882, Goldman became a private partnership and remained so until now. economictimes.com

To: ratan lal who wrote (4196)	5/4/1999 8:34:00 PM
From: Mohan Marette	Read Replies (3) \| Respond to of 12475

The Elegant Universe: Superstrings, Hidden Dimensions, and the Quest for the Ultimate Theory Ratan: So you liked Rushdie's Satanic Verses, I am still having a hard time finishing it. If you like technical stuff check out this book "The Elegant Universe" By Brian Greene (Quite a sharp and eloquent physicist). I haven't read the book yet but listned to him couple of times on TV,very fascinating.Who knew Physics could be beautiful.<g> Here is what Amazon says about the book. ..... There is an ill-concealed skeleton in the closet of physics: "As they are currently formulated, general relativity and quantum mechanics cannot both be right." Each is exceedingly accurate in its field: general relativity explains the behavior of the universe at large scales, while quantum mechanics describes the behavior of subatomic particles. Yet the theories collide horribly under extreme conditions such as black holes or times close to the big bang. Brian Greene, a specialist in quantum field theory, believes that the two pillars of physics can be reconciled in superstring theory, a theory of everything...