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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: JDN who wrote (2603)10/8/1999 1:48:00 PM
From: Steve Rodio  Read Replies (1) of 2761
 
I agree, JDN. What this compay needs to show is increasing revenue and earnings. They currently gross about $150-170MM. The acquisition should add $25MM to that figure.. Better margins on that incremental income due to the increased efficiency of the combined companies? Who knows. But assuming management is reasonably competent (and they are, I think), its better than having that money sit in the bank. Good luck to you
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