SYNTEL (SYNT) - Upcoming Year 2000 IPO Message Board

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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO

SYNT 40.99

0.0%

Oct 10 5:00 PM EST

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To: Hector who wrote (2203)	11/20/1998 5:02:00 AM
From: JDN	of 2761

Dear Dave: Well, SYNT is currently selling well off its high although historically at least revenue and earnings have risen dramatically. Reason for the fall off seems to center around analyst dropping his estimate for future earnings (calendar 1999) . Its my opinion, although I have no direct knowledge, that analyst is incorrect. For instance they have earnings for 1999 same as ACTUAL earnings for 1998. Considering fact SYNT says growth is coming in some of their more profitable line and that they are DOUBLING their sales staff in that area I really find that hard to believe. IF analysts are proven wrong this stock could move VERY QUICKLY back into the 20's range IMHO. JDN

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