Do you think Indian economy is over estimated/ hyped?

Things to consider. please feel free to add your points
For..
1. Yes we are growing and i guess faster then the world.
2. We have a large population which if really becomes productive will give us something world has never seen (yet)..


Against.
1. We are way too poor to do anything by ourselves. the gdp of california is double of india (yes if you dont believe search on internet)
2. Government and bureaucrats and even indian industry is corrupt so that sorts of blocks the economy from growing
3. Growth is concentrated is only reaching the already rich people making it meaningless ..

Still think you are in bull market?

Well you first have to ask what is your time frame. However if we are looking at the major market, closing below the 200 day moving average is generally considered a bear market. If we get below the 500 day moving average that would be a depressive market. All markets have waves within waves. A few days ago we had the “kiss goodbye” which was a intermediate term swing upward in the larger down market. Day traders only want volatility since they go flat at the end of every day. Intraday movements are generally not significant so focus on the close. Intraday movements generate a candle pattern that will give you hints about the current market. Today the S&P gapped down on open….. again….. which is generally a very bearish sign. Today also closed right on a Fibonacci retracement point.*IF* the market is going to turn it generally does so on one of these points. But only time will tell. What does this all mean? First, we are definitely not in a bull market. I might have been willing to say we were consolidating because there have been some doji’’s and reversals. This indicates market indecision. However today we closed lower than we have been since March and below the consolidation area. There have been some other bearish candle patterns in the mix.

salesforce results

Revenue for the 2nd quarter was $176.6 million, up 9% sequentially

"subscription and support revenue" = $160 million and "professional services" = $16.6 million

3,000 net new customers during the quarter; total customer count "roughly 35,300"

subscribers passed the 800,000 ("customer" = a company and a "subscriber" = one of the employees of the customer

ASPs = 'high 60's to low 70's" [i.e, ARPU]

capital spending down from Q1 to finish the second quarter at roughly $10 million -- capital expenditures more than tripling year over year,

gross margin = 77%

operating expenses = 75% of revenue [what is wrong with this picture? - SAC/CPGA and support costs 75 cents on the sales dollar]

GAAP operating margin = 2%, up from breakeven in Q1 and up from a loss of 1% last year.

Net income = $3.74 million- all the huff from Marc Benioff and they bring in a bit over million in earnings a month. This supporting a $4.75 billion market cap? Loads of inside sellers: http://finance.yahoo.com/q/it?s=CRM

Churn "under 1% a month"

As a percent of revenue, G&A has fallen 170 basis points and marketing 160 basis points from a year-ago quarter.

deferred revenue on the balance sheet to $321 million

Marc Benioff: "One thing that no competitor can match these days is the Salesforce Platform, which gained dramatic momentum in the second quarter. We logged our first 100-million transaction day in the quarter and for the period. Our transactions totaled approximately 6.8 billion, a new record. While we delivered 119% more transactions this quarter, we delivered them at an average time of less than 0.25 seconds each, a 22% year-over-year improvement in speed. More remarkably, we delivered all this performance at greater than 99.9% availability. Of course, it's all available for you to see every day at trust.salesforce.com. None of our competitors; not Microsoft, not Oracle, not SAP provides this level of transparency or even the kind of website that we've made popular at trust.salesforce.com....calls to our API accounted for more than half of our transactions, indicating deeper and deeper integration with our service. That integration capability took a big leap forward this quarter, with our introduction of Salesforce SOA. This is a powerful set of technologies for enterprises as they continue to move to on-demand. We had our first-ever developer conference back in May, and now our developer community numbers more than 48,000. On the AppExchange, 348 ISVs have contributed to the 642 applications now available. Customers have now completed more than 251,000 test drives and 32,000 installs of on-demand applications from the AppExchange. Our platform is where partners go to build their own businesses into the next Salesforce.com. "

http://money.cnn.com/news/newsfeeds/articles/prnewswire/AQW07715082007-1.htm

Ensco International Inc

I bought (Ensco International Inc) yesterday. the order was placed long time back when i did some analysis on the stock. the stock seems cheap I am not sure why its falling.
Here are some numbers about it from finance.yahoo.com
P/E (ttm):8.77
Forward P/E (fye 31-Dec-08) ¹:6.44
Growth
Past 5 Years (per annum) 69.237%
Next 5 Years (per annum) 22.59%

Return on Assets (ttm):	17.31%
Return on Equity (ttm):	28.63%

I sure broke the rule of understanding the company before you buy it, since the company is so cheap. if it delivers the profit its promising

War is costly peace is priceless

That line says all. This is my first post to get started..
War is not about who is right, its about who is left! An eye for an eye makes the whole world blind