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  • Satyam's Moment of Truth Is at Hand [View article]
    Does anyone have an idea on the impact of possible negative development for Satyam in Upaid case?? It is going to cost $1B as claimed by Upaid?? That seems too much....
    Jan 06 12:41 pm |Rating: +1 0 |Link to Comment
  • Satyam's Moment of Truth Is at Hand [View article]
    Ashish,

    Well said. Everyone does make some mistakes in their life. Satyam Chief acted out of greed, but now I think he regrets having brought such a trouble to the company he created. Leaving the present management to continue with a new vigilant board and active shareholders seems the best thing for Satyam.

    Satyam should meanwhile return at least 50% of their cash holdings ( which I think will be 1.2-1.3 billion today ) preferably through buy-back, or at least as a special dividend would be nice.

    Jan 06 10:22 am |Rating: 0 0 |Link to Comment
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