**SIFY** Hidden Gem

[StreetWyse8]

Sify recently had a blowout quarter but the stock took a hit by an exiting ceo dumping his holdings before they expired. You wont find a better opportunity to double your money within a quarter. Jump in now!


Sify is among the largest Internet, network and e-Commerce services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common Internet backbone infrastructure.

· Sify recently beat earnings estimates by 200%!
· Sify reported revenues of $ 28.74 million for the quarter ended 30th June 2006, 29.1% higher than the quarter ended 30th June 2005.
* Sify's cash profit, in Adjusted EBITDA terms, for the quarter was $4.03 million, an increase of $3.71 million compared to the same quarter last year.
* Sify's net profit for the quarter under U.S. GAAP was $ 1.36 million compared to a net loss of $2.14 million in the first quarter of the previous fiscal year. The company reported net profits of $0.46 million in the previous quarter.
* Sify ended the quarter with a cash balance of $ 55.27 million after capital expenditures of $6.7 million and the acquisition of Globe Travels, USA, during the fourth quarter.
· Sify is launching the first Massive Multiplayer Online Game in India, A3, going commercial this quarter and already has a base of 50,000 players (Will reflect in upcoming quarters revenue).
· Sify is opening 260 more Iways this quarter.
· Iways have great pricing power allowing Sify to raise the price per hour by 20% at the end of of last quarter (Will reflect in next quarters revenue).
· Globe Travels will contribute an entire quarter of revenue in the upcoming quarter, will be significant in the rapidly growing online travel sector.
· Raju Vegesna recently took over as CEO and managing director. Raju is a highly respected Silicon Valley entrepreneur who has founded several leading edge technology companies, including ServerWorks Corporation, which was acquired by Broadcom in 2001 for a total consideration of approximately $1.8 billion.
· Stock has been down after a stellar quarter due to the ex CEO leaving (good riddance) and selling his shares on the open market. He was forced to sell, as his options would of been worthless after he left his potiion.
· Extremely undervalued. Has a price target of 17.

Great opportunity with minimal downside at these levels. Do your DD and I am sure you will find this is an opportunity you cant pass up. Now that Vegesna is at the helm Sify is also ripe for getting acquired by a larger firm. Closest you can get to a sure thing.

[WSOPChump]

nice report and all you just should never say sure thing. because there are no sure things.
if you are trying to hype the stock it wont help. SIFY way too big for that (if ive heard of it i know its a fairly big cap).

[los_toros]

I just bought 10000 shares on your advice, please do not fail me.

[mmbt0ne]

Nice try El Diablo, but we will not buy into your latest business.

[StreetWyse8]

Of course there is no "sure things" in life besides death and taxes. Sify has a market cap bellow 300 mil now. I think "pumping" has a negative connotation, i am just spreading the word on a good opportunity.

[NUCLEAR_TILT]

WTF are you thinking buying in to this guy's scam. First of all, the stock is has been on a strong downtrend for 3 months, it has already broken through its supports, and the company itself isn't exactly noble. The company has lost 80% of its book value in the past 5 years. It has negative income and earnings, and if you think a company is going to turn around due to some Indian online game, especially when tech stocks are getting hit in this bear market, you might as well send a check to some kind of primate and tell it to manage your money. Oh yeah, any time you see the phrase "Jump in now!", in a stock recommendation, you know its high quality.

[leto333]

yea, this is definitely a bad stock, I saw no mention of it on Mad Money, and if it were the real deal, Jim Cramer would have told us!

[StreetWyse8]

There is no turning around, it is a company that has just started making money and it will continue to do so. Buying The last two quarters were both profitable, and there is no reason to assume this trend wont continue, 5 consecutive quarters of increased eps, peg ratio of .4 compared to 1.3 average for the S&P. Companies dont magically start making money right away.

Where are you seeing that the company has lost 80% of its book value? You sound like bs.

[mattnxtc]

Hmmm the top execs at SIFY all just quit...yeah nto a stock u wanna buy