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Re: Florinda post# 452

Wednesday, 09/22/2010 3:32:25 PM

Wednesday, September 22, 2010 3:32:25 PM

Post# of 488
Florinda, i finally got one right. I can only tell you that my value is based solely on estimated revnue. You will see that even when they posted annual revenues of $1.4B +/- in 2007 the stock was trading over $20 and even in the $30's. If you investigate you will see they have over 30000 employees and recently said they were interviewing and hiring more. Their 3 competitors - WIT infosys and antoher one (i think its private) had average rev per employye of $40,000+/-. So I estimated that they did at least $1.2B (40,000 x 30,000 employees) and some analysst were guestimaitng $1.5B and still others on the message boards were estimating $2B. Their last report in 2008 was falesly reported at $2.2B and the govt. said this was about 18% higher than actual. As you can see this is a medium to high risk play with big upside. Personally, i'm very curious to see shareholder equity as i'm pretty confident about the $1.2B+ in revenue. Equity is the great unknown.

So in my opinion the stock will be above the Oct. $7.5 strike price next week when reports are released. Please note I AM NOT AN EXPERT. Just have been watching this stock off and on for about 1 year.

Florinda, if you could reciprocate and be so kind as to investigate the actual number of employees. Check their website (Mahindra Satyam). I'm out of the office this week and currently dont have the time. I will check I-HUB for your postings.

Thanks

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