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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: John Chapman who wrote (539)12/26/1997 12:36:00 PM
From: Mike Winn  Read Replies (7) of 2761
 
25.4M is the number of shares outstanding. 3.1M is the float (the number of shares currently traded).
biz.yahoo.com

This stock is almost a no brainer. The company has revenue, income, and contracts. I read the CSGI, ALYD, and TPRO daily for my entertainment. Those stocks are purely speculative and people are arguing daily whether or not the contracts will come. But there are cheap Y2K companies that are already making money and getting contracts, so I don't understand why folks like to speculate. There are also a lot of cheap tech stocks that are off to 1/3, 1/4 of its high. But I hate to go to the CSGI, ALYD, and TPRO threads and tell people so. I know for sure I will get flamed (and I don't have time to respond), and people won't listen to me anyhow. To each his/her own way to make money.

In the case of TPRO, the company makes money on factory automation but the Y2K stuff is purely hype. I couldn't contain myself laughing when I read what are posted on that thread. I work in embedded systems for a living and I know for sure for most of the part, embedded systems don't depend on the clock. Everything revolves around the power up time and not the clock time. But if there is any problem in embedded systems, it would have to be fixed by the company itself and it cannot be contracted out as the code is very complex and cryptic.

Sorry to drift off the subject of SYNT but I know there are some folks who invest in those stocks who read this thread and I hope I can save them from loosing money big time when the hype is blown off. I won't post more about this stuff, so if you folks have questions, feel free to e-mail me. My e-mail is in my profile.

Mike.
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