Caution should to be the prime word for the retail investors eyeing the Blue Information scrip on the Bombay Stock Exchange. On expectations of a good first half result, in just six trading sessions, the scrip has appreciated by almost 40 per cent on the bourse to close at Rs 78 October 13. However, going by the trend that has emerged in the infotech stocks, the scrip is likely to face a heavy fall in prices once the first half results are out.The appreciation in the Blue Information scrip is on the similar path that was earlier charted out by the software heavyweights like Infosys Techonologies, Satyam Computers, NIIT and BFL Software and also by the B2 stocks like Infotech Entertainment. All these counters, on expectations of good first half results, had seen phenomenol appreciation in their respective stock prices. And now subsequent to the results announcement, which showed some phenomenol rise in their total revenues and the net profits, all thesescrips are being heavily hammered on the bourse.On good results expectations, Infosys had touched Rs 2610 on September 29 only to dip continuously to touch a low of Rs 2180 on October 13 after the results were out on October 7.

Satyam, on the other hand, had touchd Rs 597 on October 7. Thereafter, post-first half results, the scrip dipped continuously on BSE for the next four trading sessions to touch a low of Rs 535 on October 13. BFL Software also treaded the same path on BSE, closing at a Rs 610 on September 30 after touching a high of Rs 619 on the bourse. Post-first half results, the scrip is now trading near a low of Rs 527.

Infotech Enterprise had gained around 82 per cent in just seven trading sessions in October. Now that the H1 results are out, the scrip closed at Rs 165 on the bourse. On expectation of a good second half, the scrip had seen phenomenol appreciation in prices from its September 25 level of Rs 117.