JDN,
i can give you names of several tech companies that have handily beaten expectations, but their stock is at 52-week lows right now.
synt needs to improve its profit margin, cut down on receivables, do these things that companies like imrs, even cbsl are doing.
looks like synt has great things going for them, offshore labor, erp consulting, but this husband/wife couple are too damn greedy to be owning 88% of the share, and not be motivating rest of the company.
sanan at imrs owns a lot of shares, too, but then, imrs is becoming a forceful marketing machine. otherwise, how can you explain, mast, imrs, cbsl not being affected -so far- by the market turmoil , and synt plunging in a downward spiral.
everybody is hoping that synt will run up to the high teens/ low twenties because the other three did. well, that was then, this is now.
then, all the big name tech stocks like intc, msft were making new highs, the market was euphoric. now, these stocks are dragging rest of the market.
disclaimer: i sold all my 1000 synt shares bought at 11 at 9 3/4, and reinvested them in imrs.
best regards. |
