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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: Fouad Nahas who wrote (1736)5/30/1998 11:33:00 AM
From: P. Ramamoorthy  Read Replies (2) of 2761
 
Fouad Nahas - Re.: And long term... 2001 would be too late.

You think SYNT business will drop dead after year 2001? Do not understand what you mean. If analysts are getting "scared" they better switch their profession. Short term (US sanctions and nuclear blast, etc.) introduced uncertainty. Most blue chip companies are announcing earnings disappointments (HPW, etc.), making the market nervous. Most traders and analysts do not like uncertainty nor they understand technology or international politics. Most of them follow the "herd". When the herd changes direction, they'll return in droves. After all, all of them (including us) are in the market to make money. This short term uncertainty is testing the patience of long term investors. Hold on to your shares if you understand and appreciate SYNT's business model and potential future earnings from Intellisourcing on a global basis, not just the temporary y2k situation. Ram
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