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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: ItsAllCyclical who wrote (1447)4/15/1998 6:32:00 PM
From: JDN  Read Replies (2) of 2761
 
Dear Jim: I have been investing longer than since you were a gleam in your fathers eye!! I say, so long as SYNT does not disappoint when earnings come out (and I expect no disappointment) that SYNTis setting itself up to be among the growth stocks of the remaining century. First off, it is an acknowledged fact by everyone that there is a shortage of programmers, second SYNT's product line is among the fastest growing of its sector, and finally it appears to me that we have owner/management here who are interested in suceeding big time and not sucumbing to the pressures to sell off their stock for current gain. Since you feel it is overvalued, I will take the opposite position and say that it not only is undervalued but SERIOUSLY undervalued given only 14% of the shares are available to the public. I say further it will split and within 8-12 months rise to same level and SPLIT again. Write it down and we will see WHO was the most accurate next Easter. JDN
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