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14 Apr 2009

Strategy for Satyam Stock Post Tech Mahindra win

1. After Satyam has found a marriage opartner and thus Satyam fraud is close to resolution with a probable life term for Raju the scamster.

2. The best bet in present scenario is to get out of the stock above Rs 55 level as tech Mahindra is paying peanuts for Satyam by paying a mere Rs 58 for a share and overall 1758 crore for 31% of the stake. In present terms Satyam has been valued more than Rs 5000 crore. Satyam biggest asset is its manpower but more than 5000 personnel have left Satyam since the fraud/scam came to the light.

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