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Old 07-29-2006, 03:07 PM
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Re: HELL NO for Indian IDNs

That's a typical statement from a person staying in a big city like Mumbai.

You would be astonished to hear that the real affluence is under progression not in big Indian cities but smaller ones.

According to a survey conducted a year back by a leading hindi newspapers (I don't remember where I had posted): rate of rise in demand of consumer items like credit cards, cars, etc was heavily skewed in favor of smaller Indian cities.

You sound more like a short term trader from whose perspective what you say may be correct. However, I personally wouldn't budge before 3-5 yrs.

Let's do some calculations for worst case scenario,

Let's say you buy 100 IDNs for 5 years -> your cost 100x7x5 =$3500=Rs 175000. Cmon' that a pittance for what you could potentially get in returns. Moreover, losing this much amount also will not bankrupt you! So, what's the crib?

Dave, your समाचार is a killer..

Quote:
Originally Posted by kartik786
Unfortunately, in villages where people " might " want to have such computers and keyboards, their per capita income does not allow them to buy proper food, forget about computers.

Last edited by drbiohealth; 07-29-2006 at 03:11 PM..
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