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Majesco would have been a very poor investment. They may be riding high now, but that's all a matter of chance rather than the merits of their company. They have not yet released a major product that didn't cause them large financial losses and if they ever tried to expand their business in a meaningful way it'd be a disaster. They do well enough with cheap, small-scale projects (usually licensed) and would continue to make gains by focusing on that aspect of the business but that severely limits growth potential. Frankly, the company has in all lilkihood set itself up for another big loss already, and that's not the sort of company I'd put my money in even if they did see a massive gain over a short period of time. They almost certainly will lose it all.



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