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: Stephen who wrote (2454)	2/23/1999 11:52:00 AM
From: JDN	Read Replies (1) of 2761

Dear Stephen: Well, things are no worse than before and in some respects better. Company talks of strategic acquisitions. Right ones could propel revenues and earnings quickly. Other than the statement (soft first half) nothing changed. They are comfortable with the estimate, which they have always been comfortable with. Likely they will beat that too as again they always seem to do. So we are sitting here with a PE of about 16. Considering financial strenght, abilities of management, value of a large operating base I think its worth it. Think I will hold. JDN

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