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: Narotham Reddy who wrote (483)	12/19/1997 9:41:00 PM
From: Raj Ramaswamy	Read Replies (2) of 2761

Narotham, From what I hear from my friends who work in SYNTEL's projects, they are doing quite well not just in Y2K projects alone. Their ERP division business is booming now and they are usually multi-million dollars projects with timespan of 2 to 3 years. IMHO, they need to push for higher visibility within investor community. ROPE in H&Q, Prudential Securities, R&S analysts to issue rating upgrades as the current valuation is very low for growth co. like SYNTEL (reiterate STRONG BUY ratings etc). I cannot blame the company for lack of news. Many cos. just won't give permission easily for a press release. So you have to be patient. Looking at last 2 days action, smart money is coming in for sure. IT won't be 9+ for long. Right now there is easy 3 points minimum. Good luck. Raj

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