Dear Members,
After yesterday's actions by govt. I think satyam can be a good bet if it crosses Rs.30 on monday. We can see it @70-100 levels within 10-15 days. The reasons are:
1. Satyam has a very good customer base and every business house would be interested in, ignore the words they are saying right now. (internaly their mouths are producing a lot of water but they are not showing their interest as they know very well that it can reduce their present market cap immediately).
2. Govt. will definitely provide some financial backup bcz satyam has 53k employees and the elections are ahead.
3. Any IT co's reputation depends upon their customers base and every one knows that Satyam has a very good customers base.
4. L&T and LIC is still holding stacks, just think why? What are they waiting for?
5. L&T is experienced in IT field and after the Raju & Co. they are in the majority with 3.5% holdings.
Friends share your opinion in this new scenario!!
Regards
Vijay
After yesterday's actions by govt. I think satyam can be a good bet if it crosses Rs.30 on monday. We can see it @70-100 levels within 10-15 days. The reasons are:
1. Satyam has a very good customer base and every business house would be interested in, ignore the words they are saying right now. (internaly their mouths are producing a lot of water but they are not showing their interest as they know very well that it can reduce their present market cap immediately).
2. Govt. will definitely provide some financial backup bcz satyam has 53k employees and the elections are ahead.
3. Any IT co's reputation depends upon their customers base and every one knows that Satyam has a very good customers base.
4. L&T and LIC is still holding stacks, just think why? What are they waiting for?
5. L&T is experienced in IT field and after the Raju & Co. they are in the majority with 3.5% holdings.
Friends share your opinion in this new scenario!!
Regards
Vijay
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