GS MKTS

Patni: Hot As Indian Curry

Solid work, but I would take it to the next level: comparative growth rates, incremental margins and pipeline of business -> which would influence valuation. There is a valuation differential that Patni gets hit on for a reason: what is it? Is the the scope of projects they are able to take on? Something else? I am not criticizing this blog. In fact, I think it is very good, but for me to take action on this, I would do the following analysis as well. Finally, a takeout premium would make for an interesting case given that this would an easy cash transaction for someone like HPQ or IBM.