I think by your method... my holdings in SIFY are
free( Since I sold half).
I know that you also have
korea, In fact ur entry point is lower than mine. My
entry was @54. I was actually considering selling today
if it went below my purchase price, but thank god I
held on... Did you see the remarks by Lehman, they are
very good and augurs well for the future of KOREA. I
hope you are still holding on to Korea.
positions are in TRRA,SIFY,KOREA,ESTM... sold my NN for a
quick profit at 241/2 (3 point gain).
earlier post I had requested you to take a look at ORCL,
now it is way up.... after the earnings report... In
fact I feel they will announce a split before Dec' 25,
and it might run upto >150 before end of
Otherwise that's the latest on this side.....
Don't fall in love with any company. We all know
that INFY has a good track record and that a lot of
people have gotten richer. We are all fortunate to live
in the Infosys age.
At the same time please
realise that this stock market world tends to magnify
things. For ex : when the going is good, we tend to look
at only the good aspects and when the going is bad
we tend to look at only the bad aspects.
INFY has been an excellent trendsetter. Don't get me
wrong, but i am just trying to say that there have been
a few negative aspects of INFY as well. I am not
letting you know the positive aspects since we know them
very well. But also consider the following points.
1. When the banking automation in India slowed down
, even INFY experienced negative growth in the
banking sector .
2. Around 1995, INFY projected a 40
% turnover from products in Year 2000. But now that
they have only 4 % revenue from products they no
longer speak about what they said in 1995. Ofcourse they
speak about stuff that they envisioned correctly
Yantra has never been profitable and INFY cleverly
reduced stake below 50 %
There is 1 simple reason why everyone likes to
target INFY boards. They know that INFY longs have
access to good cash because INFY has had a good run.
Thats the reason you see so many ITIG and NTWK folks
coming over to INFY board and provide their expertise.
Don't get me wrong, i have made money on ITIG, INFY ,
CSCO etc etc. I have lost some money on some stocks
But if you observe one thing i never say
BUY this or SELL that. I just discuss some safe
Don't get personally disturbed by others
postings. Believe in what you know and most importantly
maintain your cool. Believe me peace of mind comes before
While I think the comparison was a good exercise,
things did get personal.
I've never shorted
INFY... and clearly its ascent bodes well for all Indian
Two different people can easily have two different
perceptions of value.
I never started this crap first. I resent the
fact that I fought with those ITIG characters. But
when I was posting my opinion based on some reasoning(
right or wrong), those ITIG characters started
attacking me personally. I kept cool but then they kept on
doing it. I was pissed off. I know those dudes who
started ITIG personally. They used work with me in the
same company for a while. I have stayed away from
personal attacks as long as I could. I understand no body
is perfect (Atleast I am not perfect). I am sorry
that it got so personal. I regret what I have posted.
Message boards wont make or break companies. sheer
performance makes or breaks a company.
One thing I
fail to understand with those ITIG guys, they keep
saying INFY can not be valued at its current level. They
feel like they are wall street gurus. What is good for
INFY has to be good for any company(including ITIG)
who is in that business. These guys keep posting
messages here saying INFY is a sure short and ITIG is a
sure long. How do you know that ?. They keep saying
somebody is manipulating it. May be they are or may be
they are not. May be we dont know something that the
market knows. Why can not we accept that reason ?.
Unless proven otherwise. How much investing experience
these guys have ?. According warren buffett(So called
Investment Guru), anybody with less than 10 years investing
experience is an in experienced investor.Either they are
blinded by their ITIG investment or so in experienced in
investing. No body makes investment decisions based on
message boards. If some body does that then he is in
I dont claim that I am a grest
investor and made some bad investment decisions too.
Investment is based on emotions,confidence about the
company(management team), findamentals etc. (IMHO).
any way ,
I posted some crap that I should not have. I deeply
Let us move on
Realise 1 thing. Never try to say or post about
the mistakes that a company made on its message
There are projects that even Infoscians
might have not done well on. So why take ITIG or any
other company. INFY itself might not be perfect in all
areas although the whole company result has always been
good thus far.
Hence do not get irritated as
much. Do not fall in love with any company.
Good luck with your investments !
Sold some INFY at $287 today ..... again waiting
for a dip to buy back what i sold.
please explain how much profit NTWK is making ? Whats
the revenue ? Whats the revenue growth ? Whats the
Imust say your bigger bank for the buck is with
NTWK look at the warrants ntwkw fri up 27% today up
12% man i will take that every day with listing it`s
to the moon no hype just fact long on both////
then keep your eye on ntwk it should be fully listed on nasdaq this week or next-and then it will rise many times more than infy-it is alot easier to go from 14 to 50 then from 280 to 1000.
For anyone who is interested, I believe NTWK will
receive its NASDAQ listing somewhere within the next 2
Now, whether or not it will streak to the heavens like
INFY is the question.
I've requested activation
of an NTWK message board on Yahoo. Maybe we'll see
many of you there once NTWK's listing