From THE HINDU group of publications
Sunday, September 24, 2000
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From THE HINDU group of publications Sunday, September 24, 2000 |
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Visie Cyber Tech: Below average
Score: Below average
Krishnan Thiagarajan
THE entrenched presence of several key players in the CAD/CAM, industrial automation and GIS (Geographic Information Systems) segment may render it difficult for Visie Cyber Tech to make any significant headway in these markets.
Through this public offer, Visie Cyber Tech plans to make a foray into the areas of GIS Applications, CAD/CAM design and development, plant design/industrial automation, e-commerce applications, web/portal site design development and other such allied activities.
As a software training company making a foray into these segments, the ability of Visie Cyber Tech to execute projects in the GIS and industrial automation arena remains untested. In the absence of experience and low scale of operations, Visie Cyber Tech may find the going tough. In this backdrop, this public offer at Rs 10 may not offer adequate potential for capital appreciation commensurate with risks.
The offer opens on September 18 and closes on 25. The lead manager to the issue is Aryaman Financial Services.
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