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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: Dave O. who wrote (2124)11/4/1998 6:40:00 PM
From: JDN  Read Replies (1) of 2761
 
Dear Dave: I know nothing other than what I have previously posted. However the bulk of their business is NOT y2k (y2k was 18% of past qtr) that seems to be the reason for the analyst dropping their rating. As to 10 customers 69%--that doesnt surprise me and shouldnt surprise analysts. Perfectly normal in my opinion for this type of operation. I presume these customers are on long term contracts also. JDN
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