I'm currently neither long INFY nor ITIG. In an
earlier posts on this board (msg. #34) I pointed out that
I expected INFY to remain rangebound for a while
given the current valuation.
Would it be possible for INFY to use its stock as an
acquisition currency (much as net companies like YHOO do) in
order to take over other (Indian) software companies
with payment through a stock swap
Certainly a problem is that the INFY ADRs represent only a
small portion of the total float. But how about
opportunities in India (or other Asian economies)?
Was in at 38 - out today at 92. BankBoston
Robertson Stephens owes that it could be probably to a poor
math - not knowing nasdaq shares are 1/2 the worth of
Can someone see - why we
should not short this sucker?
You idiots. After some more research and todays
performance, I want to revise my estimates for INFY and ITIG,
over the next year
INFY will be down
ITIG will be up 400%
INFY should fall about 100
points tommorow, sell, and buy ITIG for the inevitable
It appears to be a classic short squeeze to me.
Float is small enough. Stock price can down as fast as
it went up. If gains any big points on monday, I
will take some short position. Look at the charts, we
are ready to start our downward journey soon. Greed
and fear drive this market. All the people who got in
early don't want to miss a nice profit. Let the well
known late summer sell off begin.
stocks, wait for them to come to your level. Firday
closing price was closer to days low and momentum
indicator is showing indication of a peak.
I believe its very difficult to buy Infosys
shares in India, cause all those who bought don't wanna
sell! I heard this from an ex-Infosys guy who worked
for quite a long time. This maybe one reason why
people are buying here and with the small float, the
only way is up,up...
am a stupid watching this go up from 40's ..60's..
Does this really a growth of company
or U'r speculation.
Does any one know why
this is going up.?(the formula of indian share price
to ADR price(1 indian = 2 ADR's) then it should
some what 60's.??????????????
This looks like it is heading for a large dive
eventually. It's been up about 10% each day this week on
NASDAQ but only up a fraction of that in India. On
Thursday, for example it was up 1.5% in India but 10%
Something is bound to happen here sooner or later and it
will likely result in a severe plunge.
Why is there no arbitrage to bring the price of
the stock in India and NASDAQ in line? I am sure that
there is not so much inequality between the price of
SAP in Germany and in USA. Is it because of the
nonconvertability of rupees into dollars in free exchange? Anybody
familiar with this , please explain.