Alfa One Corporation Complete Accounting Solutions: Accounting for Half-Truths

October 2008: A report by a brokerage on Satyam Computers gives an 'accumulate' rating, which means it expects the stock to go up. The rating is based on the company's high cash/market cap ratio. The information technology company had reported a cash balance of Rs 4,500 crore at the end of the 2007-08 financial years. The report gives a one-year price target of Rs 373 for the stock. The stock closes at Rs 273 the day the report is written.