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Infosys Ltd. Message Board

  • mks007 mks007 May 25, 1999 10:38 AM Flag

    This PIG will FLY !!!

    >To all the investors in this rotten egg, get
    an idea. How can >you justify 100 times next
    years earnings for a company that is >only going to
    grow earnings at a rate of 10% from 99 to 2000???
    >Take a hint and pull your cash now. Put it in CHRZ,
    ITIG, MMWW, >and CNDR which are growing faster and
    trade at p/e's of between >10 and 20. Which has more
    upside??

    Go and ask AOL investors.. there lies the
    answer.. People pay for growth and acceptable P/E is in
    the range of 1.5% times the growth rate.. INFY grows
    in excess 60 % a year and so 100 P/E is justified.
    Do your homework on this Co. Go and look at this
    company's performance for the last 4 years and you are
    comparing apple and oranges here. Go and see todays BID
    going up beyond 48 1/2.. Did you short it at 46? This
    is a ZERO debt Co with one of the highly transparent
    financials in the INDUSTRY and set the precedent for
    CORPORATE GOVERNANCE.. No wonder its in the buylist of
    leading institutions!!!!

    Guys, HOLD on to INFY
    and the earnings are expected around July 11th.
    Everyone here who has known abt this stock inIndia knows
    how it flys after earnings.. With the NASDAQ entering
    the Summer slowdown, INFY is insulated from all those
    nasty NASDAQ shocks we are going to witness in the
    coming months.

    This is AOL of INDIA... or even
    better!!
    Of course, unlike AOL where people are buying
    for 2002's earnings, we are buyig for 1999's
    earnings...

    Go INFY!!!!

 
INFY
16.96+0.05(+0.30%)4:03 PMEDT