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

To: Risky Business who wrote (744)	2/3/1998 8:32:00 PM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 2761

From Yahoo, contact with SYNT: Subj: Mr. Johnathan James has Date: Feb 3 1998 6:54 A.M replied PST By: coolstocks_98 Reply To: Msg. 148 by flatsville Hi here is the response from Johnathan James. Thanks for your recent note. A couple of points. 1. Syntel has only been a public company for a short time. Building awareness and a following for a company's stock does not happen overnight (unless you are already a well-known brand like Amazon.com). Some companies in our industry have ridden the Year 2000 wave more vigorously than we. Syntel does provide Year 2000 compliance services AMONG our applications management, ERP, and professional IT staffing services. We are not, nor will we ever be, a 100% Y2K firm. 2. Our third-quarter results were very strong and we now have four analysts following the company (all with BUY recommendations). We are still comfortable with the analysts forecasts for fourth-quarter results, to be announced on Feb. 19 [Robertson Stephens: 4QE- $0.09 EPS, revenue of $31.2M and FY97 estimate of $116.8M]; 3. We have strict communications policy in place that is designed to prevent communication of inside information. We will continue to be vigilant in enforcing this policy. 4. Overall, Syntel's financials continue to be strong, our strategy is working, and the stock will continue to grow in awareness going forward. Thanks for your interest and don't hesitate to contact me with other questions. Jonathan