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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: kaydee who wrote (2334)12/31/1998 11:55:00 AM
From: Logain Ablar  Read Replies (2) of 2761
 
Thread:

Any idea why the stock has tanked in comparison to other Y2K companies (IMRS has rallied recently but SYNT has kept dropping).

First call has a concensus of 13 cents for the quarter, down from last quarters 16 cents. Did mgmt. indicate higher costs (selling, etc.) for this quarter?

I think IMRS will earn around 26 cents (last qtr 20 cents).

We're basically back at the IPO price but if the company only earns 16 cents this quarter that eliminates the sequential growth.

Any information or links to information would be appreciated.

Thanks

Tim
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