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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: Stormin who wrote (2497)4/2/1999 2:28:00 PM
From: JDN   of 2761
 
Dear Norm: Remember, management has a long term perspective so a setback of a few qtrs likely doesnt bother them. As to the Y2K stuff, I have to believe whats left to do is the testing phase, any company that hasnt started and completed implementing the fix just isnt going to make it in time and is likely figuring on the "fail then fix" strategy. SYNT deals with large companies not mom and pop operations so I dont think they would be interested. For my money I am just going to monitor how they are doing with their business plan. If they implement it successfully (or show signs that they are) then likely will add. I have to believe that we gotta be near the bottom now. JDN
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