Though wipro,Infy stories are often recited again and again, but one must not forget that in 1981 it required guts to buy such company.
wipro was oil and soap companay(as investor knew it that time), and infy was unheard.
who had ever thought in 1991 india shall be liberized?
in 94, even employes of Infy were sceptical about the co. and ESOP was not fully subscribed.
Even Ashok Arora ,who was the best coder amongst all Infy cofounders,left the company in 1989 when Infy was about to collapse.
That time was when KSA in USA shut the shop.
Arora sold his shares for 25 lakhs to other promoters, which would have been turned to billions, if he had not.
For 1 infosys there were 10 companies which literally wiped the floor with investors.
When insiders did not have faith in the company how one can expect common man to have faith in that company(at that time)?
similarly with zicom, the was about to shut and all of a sudden 9:11 happens and the company just got a powerful shot in the arm.
what I want to say , what pays is conviction,and if not conviction then destiny.