Query Trends : Infosys Tech

Query : What is the future of Infosys Technologies? I have 25 shares at an average price of Rs.2290. Should I book losses or wait? I can wait it for one year maximum please tell me what it the expected price by Dec'09. Srinidhi

Thebullishtrends : Infosys Technologies shares closed on Friday at Rs.1718. Due to down fall in dollar rate technology shares are facing problems. But IT companies are planning to reduce expenditure control in employee salaries and accepting income in Dollars and not in Rupee, improving its all operational performance can cross the problems. But you cannot expect a bull run in this scrip. We are expecting some momentum in share price near term. It is better for you to riview the scrip in April'08.