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: Stephen who wrote (1646)	5/13/1998 11:15:00 PM
From: airborn	Read Replies (1) of 2761

Stephen: People are quick to panic, because they do not know what these sanctions will entail. I do not believe their should be any trade sanctions imposed on the software industry. Especially, at this time when both the US and Indian Companies are in a win-win situation, the US has a shortage of 200,000 professionals today and we need India to help out with our Y2K problem. As far as SYNTEL goes, I do not foresee any major changes in the way they will be conducting business, after all SYNTEL is a US company and even if there are tremors, eventually rationale will prevail and things will even out. SYNTEL is not alone, their are over 141 of the Fortune 500 companies that outsource from India today, including Microsoft,Intel, etc. etc., you do not see their stock price tanking, why are Y2K investors so nervous?

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