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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 (518)12/23/1997 2:24:00 PM
From: Nanda  Read Replies (1) of 2761
 
SYNT comparison at this time with IMRS may not be fair but if you move the clock 9 months back, Synt looks mighty good. Last quarter Synt mafe 11 cents per share vs. IMRS .15 cents but the surprise factor of Synt earnings was 38% vs. 25% for IMRS. Also Total revenues for last quarter for SYNT were higher than IMRS, 33.5 million vs. 23 million. IT business of SYNT is very strong, y2k is an added benefit. IMO SYNT and IMRS will do very well post y2k. Due to holidays I want to keep the answer short but SYNT has all the ingredients of making a moonshot. Keep smiling JDN.
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