a satyam (true) story about aSATYAM !!!!!

Hi Friends,

I am back after a long time ........ and yesterday, we witnessed a historic moment in Indian corporate and probably the biggest scam ever done by an Indian company---- Satyam computers.

Now I am very briefly putting my logic why the company would not survive in this economic environment and will bust If the statement made by Mr. Raju is true...
1. Today in a press conference the acting CEO of the company admits that company has problem with working capital, now for a software company, where the fixed or we can say tangible asset is very less and this environment where banks, Institutions, PEs are skeptical to lend money and also value of company shares is dismal.... It is very very difficult for the Satyam to raise fund.

2. As company eventually will fail to provide salary to their associate which is around 500 cr a month. Associates certainly will move to other company and that will hamper the ongoing projects and ultimately client of satyam will suffer and hence revenue of satyam..

3. According to Raju's letter operating margin of the company is 3% how is it possible?? There is something bigger scam then what Raju have revealed.

4. IT company runs on the cash and there human resource and reputation and I am afraid, in this time has either.. bcoz associates have started job searching as according to job site headhunter.

5. No IT company will touch a fraudster company so chances of takeover or merger is very low..



Hence my friends I would not surprised If share price of satyam will close in single digit on Indian bourses on Friday....... Thank you ..
contact me at rranjan27@gmail.com