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

To: megazoo who wrote (422)	12/7/1997 9:19:00 AM
From: JDN	Respond to of 2761

Dear SXB: I dont see where cash bears any relation to receivables. Receivables should be compared to net sales. The resulting ration divided into 365 determines "Days Receivable Outstanding". That is a key analytical figure which compared to historic numbers and peer group numbers can indicate quality of receivables. As to your other questions I suggest you review Footnote #1 in their annual report as it should give answers to accounting treatment if there is a choice of treatments. jdn

To: megazoo who wrote (422)	12/8/1997 12:14:00 PM
From: cardiologist to be	Read Replies (1) \| Respond to of 2761

to all: heard story on radio over the weekend about some grocery chain in michigan that is suing the supplier of its computer scanners because their system crashes every time a credit card expiration date of 2000 gets entered. this system was installed just 2 years ago according to the report. what does this have to do with synt and other y2k companies? 1. demonstrates that software installed just 2yrs ago is not being designed to incorporate the y2k problem in some cases. 2. publicity about y2k problem is becoming more widespread and soon more and more people will know of it. 3. the closer we get to 2000 the busier and thus more profitable our companies are going to be!!!!!! low volume today in synt. but at least its up volume. good luck to all