08-28-2003, 09:15 AM
Hi CPB!
As i noted in one of my other postings, people on this board either don't read the postings carefully or they always like to rush to judgement. If u read my posting again, i clearly said that i am not against being prepared for these technologies. But every technology is not relevant in every situation. What computer firms are doing in other countries does not mean it is suitable for our enviornment or stage of development. Give me an example of one Pakistani company that is using XML for producing their F/S?
See that is the problem, we can talk about these technologies till the cows come home, but this will be a theoritical debate. Unfortunately, the situation is far different in our neighbouring country where good quality education has produced real winners.
Can anybody answer why india is exporting 40% of world software, and what is Pakistan's share in world software market? Watching the Pakistani professional compete with indian counterparts, yes i feel like putting my head in the sand for a long while.
Let us not talk, go out in the world and prove ourself.
As far investing in Pakistani markets...hymmm..could u tell me the total market cap of all Pak exchanges togeter in US $ terms. I doubt if they will equal Microsoft market value alone. My personal advice to friends, Pakistani market lacks breadth and liquidity (how many of KSE 100 stocks trade actively every day) and it is over bought at the moment. If i were u i will take some profits off the table at this stage.
Good luck<img src=icon_smile_cool.gif border=0 align=middle><img src=icon_smile_cool.gif border=0 align=middle><img src=icon_smile_cool.gif border=0 align=middle>
Edited by - Pervez on Aug 28 2003 043449 AM
As i noted in one of my other postings, people on this board either don't read the postings carefully or they always like to rush to judgement. If u read my posting again, i clearly said that i am not against being prepared for these technologies. But every technology is not relevant in every situation. What computer firms are doing in other countries does not mean it is suitable for our enviornment or stage of development. Give me an example of one Pakistani company that is using XML for producing their F/S?
See that is the problem, we can talk about these technologies till the cows come home, but this will be a theoritical debate. Unfortunately, the situation is far different in our neighbouring country where good quality education has produced real winners.
Can anybody answer why india is exporting 40% of world software, and what is Pakistan's share in world software market? Watching the Pakistani professional compete with indian counterparts, yes i feel like putting my head in the sand for a long while.
Let us not talk, go out in the world and prove ourself.
As far investing in Pakistani markets...hymmm..could u tell me the total market cap of all Pak exchanges togeter in US $ terms. I doubt if they will equal Microsoft market value alone. My personal advice to friends, Pakistani market lacks breadth and liquidity (how many of KSE 100 stocks trade actively every day) and it is over bought at the moment. If i were u i will take some profits off the table at this stage.
Good luck<img src=icon_smile_cool.gif border=0 align=middle><img src=icon_smile_cool.gif border=0 align=middle><img src=icon_smile_cool.gif border=0 align=middle>
Edited by - Pervez on Aug 28 2003 043449 AM