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The Harshad Mehta Chat

Mehtaji surely you must know that we are interested in knowing something about YOU and not just your financial acumen ie the Big Bull persona. Pls answer my question? WHat do you see your place in history as. Do you think you were an agent of change??? DO ANSWER

Harshad Mehta, Aren't you ashamed for having triggered the scam which has ruined several middle class families?

Hello Raven : Me, I'm just the mog here, most shows. There's plenty of me, usually I get a 'specialist' about the guest of the day and let him/her join me/us. Usually the 'specialists' have their facts right but don't want to declare themselves. Incidentally, we (the mogs...)got quoted in the Indian Express on Sunday in a reference to the Shobha De show, did you get that Nikhil/Suparn? Man we mogs are FAMOUS....Mehta Sahib, were our questions uncomfortable? They were'nt below your belt, so just one question, WHY DID YOU GO TO BANGALORE ON 03rd FEBRUARY '97 (you weren't even carrying a briefcase, , one of the mogs noticed....)

With the Stock exchanges going on line, will ther be chances of a bigger scam, with insiders, fiddling with the computers, as it has happened in the west, though with the banks.

arvind my advice buy on declines and sell on rises

mr. m: is there s difference between clinton hawking the lincoln bedroom and p.v. peddling influence? if so, what is the difference?

Arvind: Markets are likely to be very buoyant as it is coming out of a three year slumber. I predict that by 31st December 1998 (if not earlier) the index will cross the 7000 mark.

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Mr. Mehta, thank you for your silence on my questions and many of others! Bye bye!

good evening, Harshad Mehta. Can you identify any potential multi-bagger ?

Mr Mehta - you seem to be Pro- Finance Minister (that is, the present one !) - the point is, is the FM (naturally, the present one), pro - U ??

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My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

(-*-) and goodbye...

the present budget has reduced the customs duty and excise duty , by which the imports will be much cheaper than what is prodcued in india , the indian compnaies are not of global volume and as such facing a tough competition and this have adverse effect on their working , mostly they will be uneconomical putting dismal results , in what way their share prices will go up , their fundamental are weak , only on technical ground how long will they maintain their price by jugglery of cornering and jacking up the prices artificially. what is your opinion about this.

Mr Mehta - you seem to be Pro- Finance Minister (that is, the present one !) - the point is, is the FM (naturally, the present one), pro - U ??

Sexy Sensex: The law of change is the only thing that does not change and I am a strong believer in this. Change is inevtiable and in this process I must have had a role to play.

PLEASE ANSWER. PLEASE REPLY SOON Mehtaji surely you must know that we are interested in knowing something about YOU and not just your financial acumen ie the Big Bull persona. Pls answer my question? WHat do you see your place in history as. Do you think you were an agent of change??? DO ANSWER

Kemcho MASA ?

Mr Mehta - you seem to be Pro- Finance Minister (that is, the present one !) - the point is, is the FM (naturally, the present one), pro - U ??

Thanks so much for your answer. You are a poet. ANd your advice is poetry to the ears of investors

su lage che bazar ? dilipbhai yaad kare che (my brother)

Kripiya Jawab deejiye. SHayad agar mein hindi mein baat karenge aap jawaab dedenge. Kripiya. Mein q. repeat karta hoo. My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

Harshad Mehta, can u identify any potential multi-bagger ??

Arvind: Our low P/E multiples clearly brings out how our stocks are rated very cheaply compared to international standards. Low interest rates are likely to make our products competitive, cheap and exportable.

Last five questions!

Harshad bhai, I am impressed by your answers now , I think your approach towards spirituality has helped you!!!

Harshad, one thing that bothers many American investors is the casual approach to the rules of the game in your country. In that sense, India is just as bad as China. When can we expect total transparency in transactions with India?

what is your opinion on HDFC , from 2750 it now 3500 , will it further go up , pls. advise

Mr Harshsd Mehta: Are you planning to become Industrialist if so why not take over Indian American Group of Companies. Use your portfolio Management skill and make them FERA Company. IOAL Group claim to have have collaboration with France and Korean Giants with buyback facilities but they are unable to show any progress. Shares are licking dust on floors of BSE and NSE after touching high of Rs.140. It seem are in dire need of portfolio Management skill. PHd Doctors in Medicine are unfit to manage the group of global vision. thanks

Aaap ja rahe hein to kripiya mera question ke utar deejiye My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

harshad mehta to gussa kyon aata hai !?

Mr. Mehta, I understand that the SENSEX in India is linked to a handful of shares, which are "manupilated" by some insiders - does that mean that the index is not the REAL pulse of the market, but an artificial indication of the selected few ! Does this effect the market as a whole ??

harshad mehta ko gussa kyon aata hai !?

Mr Mehta, despite your optimism about the Indian economy, I believe India needs a lot more to make it an attractive investment destination. Do you agree?

do you belive in astrolgy effecting stock prices

Aaap ja rahe hein to kripiya mera question ke utar deejiye. My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

Mike Wallace: Yes the process is on. But as you are aware the market always discounts the future.

When will the manipulations on Dalal Street cease? When will the bulls and bears stop playing games? When will the provcess become logicaL and scientific?

Mr. Mehta, I understand that the SENSEX in India is linked to a handful of shares, which are "manupilated" by some insiders - does that mean that the index is not the REAL pulse of the market, but an artificial indication of the selected few ! Does this effect the market as a whole ??

who are you moh saleem ? identify yourself ?

Dear Mr Mehta would you be kind enough to answer just this one last question Deeply gratefulAaap ja rahe hein to kripiya mera question ke utar deejiye. My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

For the last time HARSHAD, ANY POTENTIAL MULTI BAGGER ?????

Dear Mr Mehta would you be kind enough to answer just this one last question Deeply gratefulAaap ja rahe hein to kripiya mera question ke utar deejiye. My earlier earlier question was not meant to be flippant. I had mentioned how you made money out of the loopholes that have kept India poor. Then surely you would not want to see India successful. If India was successful there would be no loopholes. WOuld answer this question honestly. What are reallly your dreams for India. As an Indian talking to a NRI we would like to know about your notions of patriotism

Mr. Mehta, I understand that the SENSEX in India is linked to a handful of shares, which are "manupilated" by some insiders - does that mean that the index is not the REAL pulse of the market, but an artificial indication of the selected few ! Does this effect the market as a whole ??

Mr. Mehta, I understand that the SENSEX in India is linked to a handful of shares, which are "manupilated" by some insiders - does that mean that the index is not the REAL pulse of the market, but an artificial indication of the selected few ! Does this effect the market as a whole ??

Harshad, Three cheers ! Kudos! Bravo! Prost ! Gracias! Thanks! Merci! Gruss!

Goiporia: India shall rise like the Phoenix from the ashes, as a financial power that it once was centuries ago. I feel patriotism is to use your strength to create welfare and prosperity for the common weal without compromising your personal objectives.

Harshad Bhai, On what grounds you can say the sensex will touch 7000 mark by 31st dec 1998?

Mr. Mehta, I understand that the SENSEX in India is linked to a handful of shares, which are "manupilated" by some insiders - does that mean that the index is not the REAL pulse of the market, but an artificial indication of the selected few ! Does this effect the market as a whole ??

I am very much obliged to have your answer. What about you sir?? WIll your rise like a Phoenix tooo

What are your plans for the future ?

Mr Mehta - Brave words - "...From the ashes".... but why are we here ?? Any guesses.. anyone ??

Harshad Bhai, On what grounds you can say the sensex will touch 7000 mark by 31st dec 1998?

Sharad: Yes Sensex is a reflection of only a few scrips but now we have other indices with larger baskets of scrips reflecting the movements of the market.

Best of luck to you sir in all your endeavours. May you come on the Internet time and time again. Do you think you are a Phoenix too??

One last Q. do you regret about the scam ?

Mr Mehta - Brave words - "...From the ashes".... but why are we here ?? Any guesses.. anyone ??

Goiporia and Chandubhai: With the grace of God the best wishes of investors and friends and the charity of my critics this may come true. Watch my website for my future plans.

Best of luck to you sir in all your endeavours. May you come on the Internet time and time again. Do you think you are a Phoenix too?? DO YOU?? ONLY THIOS LAST QUESTION NOW AND THEN I WILL BID YOU GOOD NIGHT AND LONG HEALTH

Harshad Bhai, I am leaving , But I must say that you scored 7 out of 10 marks ... I must say you will rise again.... see you some time at BSE... good night....

For great times stay invested in large growth oriented, low priced high dividend paying well known stocks in India. Best of Luck and Good night.

PLEASE POST YOUR QUESTIONS RIGHT NOW, I'LL ANSWER THEM AS SOON AS POSSIBLE, YOU CAN CHECK THEM OUT ON THE TRANSCRIPT ON SATURDAY AT 8:00, KINDLY LEAVE YOUR E-MAIL ADDRESS SO THAT REDIFF ON THE NET CAN NOTIFY YOU.

Photographs: Jewella C Miranda