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To: Dale Baker who wrote (510)2/19/1998 2:03:00 PM
From: jgideonRead Replies (2) | Respond to of 118717
 
OK, Dale, what makes SYNT worth 60 times earnings? It seems
like a momentum play based on Y2K stocks. That's hardly a
value perspective. Is there something else I'm missing in
their earnings announcement today? Good numbers, but lots
of growth has already been factored into the price. It would
seem that the street expects them to blow out the 30% growth
already forecast. What's your angle? If they reach your
$33 target, they'll be trading at 85 times trailing, and 72
times next year's EPS.

jg