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: RBB who wrote (1764)	6/4/1998 11:31:00 PM
From: P. Ramamoorthy	Read Replies (1) of 2761

Rambabu - If it were true it'll be consistent with what we have been saying all along - the earnings potential and the cash reserve of some financially strong y2k companies (SYNT, SEEC, CMND, CRYSF, COGIF, etc.) generated within a short time frame will attract take overs. The reason is simple. Large companies can improve earnings simply by acquisition at bargain basement prices. By this time next year, these companies will fetch more. The SYNT CEO is not the type that will hesitate to sell to the benefit of shareholders. However, 50% premium is too low. As a long term investor, I do not like a growth company being taken over at an early stage. On the other hand, I'll be ready buy IPO's from this CEO when he starts another company. Ram

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