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: Stormin who wrote (2551)	7/9/1999 8:43:00 AM
From: JDN	Read Replies (1) of 2761

Dear Norm: I dont see how the India/Pakistan problem could relate to SYNT. First off its localized and secondly I thought it was basically settled. Regarding the currency devaluation, I would think that would be a bonus for SYNT as the people they employ in India would earn less in $$$. Most of SYNT's clients to my knowledge are in USA. The India thing from my understanding was just to provide 24 hour service and reduce programmer costs. Regarding the stock buyback, I am unaware of how much if any they have purchased, I presume that will become evident when they release the past qtrs info. Personally, I think they are just suffering from the malaise in their industry for whatever reasons one wishes to believe. I said before I dont expect much before around 10/1 but I really do expect a great 2,000. This company has too much strength, savy, good management to stay here forever. JDN

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