Infosys Technologies---Hold with a stop loss

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Infosys Technologies to issue bonus shares in 1:1 ratio: 15th July, 2006. Infosys Technologies at its board meeting held on July 15, 2006 has transacted the allotment 27,68,43,176 equity shares of Rs 5 each aggregating Rs 138,42,15,880 issued by capitalization of general reserves and distributed as fully paid-up bonus shares in the ratio of 1 equity shares for every 1 equity share held to those shareholders whose name appear on the register of members / register of beneficiaries as on July 14, 2006. The share price on the last Friday, plummeted to Rs.1650 after the said bonus issue. The volume was also very low at 262385. Hold the shares with a long term perspective keeping a strct stop of around Rs.1300. Best wishes, Suman Mukherjee India. http://finance.groups.yahoo.com/group/SumanSpeaks/ www.bcozindia.com

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