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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: megazoo who wrote (11070)	4/19/1998 1:51:00 AM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 13949

body shops - SYNT has undoubtedly surpassed the rest: IMRS, CBSL, MAST. Around Feb-March 98, SYNT took the lead. Both IMRS and CBSL charts look almost identical although their revenue/expense structure is different. Either IMRS or CBSL alone or a mix of both would have given an investor about the same percentage return since Feb-Mar 98, in spite of certain fundamental differences between the companies. Continuing the comparison, cost of revenue is <50% for IMRS while that for others is about 70% or so. Costs of revenue consist of salary, payroll taxes, benefits, immigration costs, etc. and is approximately proportional to the head count. IMRS seems to have the best rates or percentages. As you all know, SYNT increased their head count by 446 this year. At the last closing price of 52, SYNT is selling at a P/E of 133. However, after the 3/2 split on Apr 22, a price of 34 would fetch a P/E of about 89. Is SYNT a bargain at 34 or overvalued at 34? If the market thinks it's a bargain, the price should move up above 34. ALYD - chart looks stable (less volatility) compared to SEEC, CRYSF, COGIF, SPNSF, CSGI or ACLY. All companies may not be in similar businesses, but we want a stock that gives the most price appreciation potential in the y2k sector. Ram