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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: paul e thomas who wrote (2149)11/12/1998 1:29:00 PM
From: JDN  Read Replies (1) of 2761
 
Dear Paul: I am not knocking IMRS, I am only contrasting the two as to the past at least and commenting that if Y2K work were to slow down in 1999 it would affect IMRS more than SYNT. If you are now saying that IMRS 1999 business is 95% non Y2K, so be it. You are the expert on that company. Personally, I dont see how they could ramp down that fast. As to their acquisitions, it was my understanding they expect to buy themselves out of the Y2K reliance. Its been my experience that somehow to buy successful companies requires a payment over and above current worth. But if IMRS can get it on the cheap more power to them. The main point I was trying to get across is that the analyst considers SYNT's lack of Y2K business going forward a weakness whereas I consider it a strength. JDN
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