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Old 19th January 2008, 13:37   #163 (permalink)
BomBatt
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Join Date: Aug 2007
Location: Bangalore
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Quote:
Originally Posted by snaronikar View Post
Thanks for info dude. My first thing on monday is investing in infy.
Oops ! of all the stocks you have to select Infy.

Yes Infosys WAS an excellent stock until 1 year back. But now with recession-like situation in the US and rupee-dollar equation, we just don't know what is in store for not only Infosys but also for all other S/w stocks that are depending on US economy. The markets don't like uncertainty and keep away from such stocks.

I fully agree with Fillmore's comment - "Don't act in haste and later"

Personally, Infosys was the first stock that I invested way back in the 90's and It has been a multi-bagger and I have an emotional attachment, hence it is one of my all time favorite.
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