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

To: JDN who wrote (2742)	3/13/2000 1:00:00 PM
From: Steve Rodio	Read Replies (1) \| Respond to of 2761

Well, I don't really want to clog up the SYNT board with OT CMND discussion, but it appears that we are the only ones here. JDN, you are right, its the same management, but I'm not in agreement with your placing all the blame on them. If I remember correctly, it was the lawyers that screwed up the IPO registration statement (and paid the bulk of the shareholder suit settlement, with the rest paid by insurance), and when the earnings report was not any where near what anybody expected, the bottom fell out. But that happened to EVERY YTK stock, including our SYNT. Luckily, I got out of Synt with a beautiful profit, didn't come back till it was 8-9/sh. Perfect example, remember ALYD (now IARC), In 1997, CEO was boasting about earning $5/sh in 1999, from all the expected YTK work. Stock went from an all time high of $36 down to UNDER 0.75 in Oct 99. I bought the heck out of it because they had what I believed was a intelligent refocused business plan, and proprietary technology to back it up. Currently trading in the $24-27 range. Same management. And by far my biggest winner this year. CMND does not have the explosive potential of IARC, in fact SYNT is slightly better positioned for a big pop, but I believe that it has the potential to be a $20 stock in the next 12 months, IF the co continues to execute. Pepsi was a big step in that direction. Steve