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: Cosmo Kramer who wrote (2475)	3/3/1999 6:17:00 PM
From: Dave O.	Read Replies (1) of 2761

I have no position in SYNT but saw this research note today from Robbie Stephens, listed as LTA (Long Term Attrative). Projecting flat '99 and just over 20% growth in 2000. We are adjusting our model to reflect the recent quarter results following further discussions with management. For 1999, we are lowering our revenue estimate from $204 million to $165 million, but we are maintaining our EPS estimate of $0.64. Concurrently, we are initiating our estimates for 2000. For 2000, we are looking for revenues of $200 million and EPS of $0.79. While we expect year over year comparisons will flat for 1999, we expect to see sequential quarterly revenue and earnings growth resume in 2Q-99. Dave

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