No Government bailout package for Satyam

Sense prevails. This Government has announced that there is no Government sponsored bailout package for Satyam. This removes the short term cushion on Satyam. One of the Directors of the company is very hopeful of bailing out  Satyam from it’s own receivables and bank loans. Nice Idea. It is possible as that Director is known as no nonsense person. But the thing is that even these reputed persons couldn’t able to prevent the present customers opting for new vendors. For the next one year the couldn’t able to get new customers also.

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Hence Investchips again and again advices you to opt out of Satyam. If you want to invest in IT space, there are plenty of other companies available at reasonable valuations like 3iInfotech, Polaries . In my opinion Infosys is fully valued at it’s current market price.


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