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  • du4sloop du4sloop Aug 5, 2009 4:23 PM Flag

    SIFY may be the better buy.

    SIFY may be the better growth play in India, more diversified, less dependent on advertising revenue, good growth (10% per quarter),getting close to break even and then profits in a few quarters.The activity the last few days suggests that institutions are reaching the same conclusion.

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    • 10% growth a quarter? One quarter after a really bad one does not make 10% growth. Sify revenues have been the same for years with no concern with sify is that they have burned through almost all of their cash.....REDF floated a secondary when Cramer pumped them over $20....they have a ton of cash...

      Redf was profitable before the recession and will be again when the economy in India improves....Sify has never seen significant earnings.

      Hopefully Sify can come out of the recession stronger and start showing growth....I'll be on the sidelines until I see that.

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