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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: P. Ramamoorthy who wrote (1745)6/3/1998 9:50:00 AM
From: JDN  Read Replies (3) of 2761
 
Dear Ram: I will add two more things to your response. One, yes there is a shortage, as a result it is estimated that FEES will skyrocket in 1999 (since SYNT uses much Indian labor I would expect that margins will substantially improve) Two, 88% or so of SYNT stock is owned by management leaving very small float. IMHO a person would have to be a fool to short this stock with that scenario. Price more determined by what management does with their shares than the market. JDN
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