INFY has amazing support at $49.00. Simply refuses to break this barrier. Benn watching it closely. Sounds like a great buying opportunity for both INFY & CTSH.
Whether the Re is appreciating against the $ or not -- you cannot beat a model where the work gets done at 30% of the cost of doing it with US labor -- without compromising quality.
With stellar grwoth of 9.2% on 2005-06 & now 9.4% in 2006-07, India is 2nd fastest, if not the fastest growing economy in the world. So no doubt its currency will strengthen.
But the cost advantage today will supress US skills/talent in IT and business will be lost to India permanently. Fewer US kids are doing Math/Computer Science or even Engg in favor of easier to get degrees like MBA's.
These comapnies are $1 -3 billion/year in revenue companies -- should have a > 50% chance of hitting $ 10 bill/yr revenue each by the turn of the decade.
INFY Roaring back today. If INFY can do this on 1 good day after a really bad day for the the whole market - imagine what it will do in Q4 !!
INFY should blast through $50 easily by end of June & $70 by December.
Sorry, no respite for those software types whose jobs have been 'Bangalored'. Perhaps you can retrain to be a grocery store checkout clerk. Thats the best you can hope for - or maybe not.
Now instead of competing with a H1B Indian, your competition will be an illegal immigrant from Mexico.
LOL. LOL. No hope for you !! Coolies Rule !!!!!
I will sell them to you at $445. I think you meant $44.50, right?
I think you'll be waiting a while for that one Chief.
Right back up today. Good luck with those short shares, I look forward to you getting squeezed and bumping up my shares when you have to cover.
The only thing I have to prove is that my prediction of Rs 870 for Wipro and Rs 2900 for Infosys takes place within the next 12 months.
When it does happen, you shall know that HINDUS are definitely SMARTER. Because we predict the FUTURE.
Look you white (or possibly a Paki) CHUTIA, you cant take it no more, because the facts are right on these message boards.
Anyway, to hell with you and your kind. Isnt that why you elected MORON bush. Ask my wife what I said at 3 AM on that fateful night when Bush was finally declared to be ahead. I look 5 steps forward. Unfortunately, Americans can only BOSS around as MANAGERs and bull shit with emails, word documents, power points, etc. That is their HEIGHT of IT skills.
If americans had any brains, why arent they having a World No 1 in Chess, like V Anand ? He can think 100 steps ahead !!! He is so down to earth, despite all his achievments. Unlike NMT who does NOT invest in stocks, but hangs around like a parasite in Infosys message boards.
Look go and starve and suck up your manager to keep your job to pay off your education loan. When Wipro hits Rs 870 next year, you will know I will sell off all my holdings and for sure, I would be passing off those shares to the likes of YOU - i.e., MORONS
In any case, I do not have anything to prove to anyone. I know I can afford any number of vacation now. But they can all wait until when I get a bit older.
YOU ARE SO TRANSPARENT. YOU CAN'T AFFORD A VACATION BECAUSE YOU ARE CHEAP HINDU. YOU ARE ON THIS BOARD BOASTING ABOUT YOURSELF BECAUSE YOU HAVE SOMETHING TO PROVE. YOU ARE PROBABLY LOSING YOUR STINKIN SHIRT AS WE SPEAK. GO TAKE A BATH U HINDU