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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO
SYNT 40.990.0%Oct 10 5:00 PM EST

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To: airborn who wrote (2565)8/1/1999 9:29:00 PM
From: flyboy  Read Replies (1) of 2761
 
Unfortunately SYNT is undervalued but comments like this don't help...

1999 Outlook

In light of current market conditions, which includes delayed
project starts until the Year 2000 issue has been addressed, Syntel
anticipates that new revenue generation will remain slow for the
balance of 1999, resulting in a 10 percent reduction in full year 1999
revenue estimates with a slightly larger percentage decrease in
earnings.
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