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: R. Bond who wrote (2166)	11/16/1998 1:42:00 PM
From: JDN	Read Replies (1) of 2761

Dear Bond: I guess the company feels they did their part by tripling earnings year over year, paying off all debt, strenghtening the balance sheet in particular its liquidity, and getting a $15,000,000 debt instrument in place for future "acquisitions". They also have another 30,000,000 L.O.C. in place. None is drawn on of course. Guess we will just have to wait until the next "blowout" quarter to see the stock rise again. Considering that they will earn AT LEAST 64 cents this year ending 12/31/98 I am amazed stock selling so low. JDN

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