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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: Nanda who wrote (815)2/19/1998 10:53:00 AM
From: Kathy Riley  Read Replies (1) of 2761
 
Nanda, I just listened to call. This is from memory, somehow my
notes on the computer are not accessible, don't ask me why, ever
now and then, I get glitches. Anyways, bottom line is they said
98 estimates too low by a few percentage points in revenues,(year
to Year the estimate by analysts was 20-21%), margins off by a percent,
SGA too high by a percent and this does not include the new
acquisition busienss, which was 10Million in 97.

Doing well in the moving to the intellisourcing, higher margins,
etc. The percentages I can not recall, but definitely showing the
shift. Margins improvemement, etc.

Significant discussion about people issues and the concern with
finding good people, which thus far Synt seems to be adequately
addressing.

Excellent call. Sorry I can not be more specific in moment, going
to see about extracting my notes somehow <g>.

Kathy
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