Barron's: India Internet Stocks

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From Barron's 7-16-07:

"Rediff.com's market cap is way out of proportion to the size of India's Internet ad market. At Sify, subscriber growth is lagging and cybercafe competition is increasing."

"Bulls on the industry argue its growth prospects are huge, noting that just 18 of every 1,000 Indians have access to personal computers. The two companies' stock jumped even higher last week on news that Rediff may list its shares in India and is launching a YouTube-like content-sharing program, and that Sify would offer cybercafe subscribers access and training for Microsoft Office software."

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