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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (2618)	11/3/1999 9:46:00 AM
From: HVN	Read Replies (1) \| Respond to of 2761

I didn't meamn screw up in terms of execution of the business - I think their conservatism is good coz. they will let their longer term business results speak for themselves - and I think they've spent an adequate amount of time gearing up for next year. However, given their stock's under performance, they will need to get to $35-40 some time next year to justify their current performance. At this stage, I am actually relatively confident that they can accomplish that price.