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Infosys DOWNGRADED (3) 22-Jul-08 23:35

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Posted by: Guest on ( 22-Jul-08 23:35 )
Price : BSE: Rs 1578.95 ( 1.10 % ), NSE: Rs. 1578.30 ( 1.09 % )
Based on yesterdays closing price (22/07/2008), here are the performance for each of these stocks since the earlier msg was posted. Infosys: current price = Rs 1578; DOWN = -15.16% TCS: current price = Rs 832; DOWN = -03.48% Wipro: current price = Rs 395; DOWN = -17.96% Based on these prices, my original theory that Infosys will underperform TCS by atleast 10% has been proven. Dear guest, now do you agree I have no issue at all with buying Infosys at those inflated prices. As stated earlier, I was pointing out an interesting observation and that was all I had to say. Today, I finally sold 500 shares of TCS to buy Infosys now. This goes on to show how one can stop being so attached to a stock.

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