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Infosys Ltd. Message Board

  • Global_Strategy Global_Strategy May 26, 1999 6:52 AM Flag

    Pigs neither fly nor crash

    In the short to medium term this "pig" will
    neither crash nor fly.

    In the long term this "pig"
    will continue to satisfy its investors (a.k.a. swine
    breeders) as it has been doing in India for years
    now.

    But since having shot up very sharply prior to the
    ADR IPO, this growth story will have to remain
    rangebound for a while given the current
    valuation.

    For investors (as opposed to traders) it is generally
    advisable to accumulate growth stories of this kind on
    weakness instead of chasing the stock when it moves up.


    For instance, such opportunity would ideally arise in
    a situation when there is temporary disappointment
    with earnings growth...

 
INFY
35.50+0.55(+1.57%)Mar 27 4:06 PMEDT