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Opinion on  Infosys Technologies Ltd (INFY)     Sector: Technology  >  Industry: Software & Programming
Too much FOREX pressure

Oct 13, 2007 06:38 PM GMT
Return Risk
+9.90% HIGH
Analyst

rupee has appreciated around 12-14% in last 12 months.
so far this great company has done well with its hedges, but i have a hunch that it will be all downhill after six months.


INFY:  This call was made on 10/13/07 @ $51.69
Rating:   Negative   $51.69 (10/13/07)
Gain/Loss:   +17.01% in 1689 days


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