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

To: JDN who wrote (1641)	5/13/1998 5:00:00 PM
From: Nick	Respond to of 2761

JDN, you have your opinion, I have mine. India did the right thing. Enough of being afraid of what others think. They don't think about India in their actions. As far as SYNT is concerned, sanctions probably won't affect them. SYNT does not do any defense related computing, so at this point nothing indicates that they will be affected. Nick

To: JDN who wrote (1641)	5/13/1998 5:15:00 PM
From: airborn	Read Replies (1) \| Respond to of 2761

JDN: I think it is VERY crucial for SYNT to put out some sort of new's release to calm shareholder's, chance's are SYNT will make a comeback tomorrow, similar to what happened to CBSL, down yesterday and up today!

To: JDN who wrote (1641)	5/14/1998 2:07:00 AM
From: P. Ramamoorthy	Read Replies (3) \| Respond to of 2761

Dear JDN - Re.: most of the World if not all will side with China Remember Tienenman square massacre! Chinese tanks and student protesters! US imposed sanctions on China. What happened? The US business lobby got it lifted. Every time the human rights issue comes up, China gets the MFN (most favored nation) status. Now some figure about US sanctions on India. (Russia and France did not go along. Canada, UK, etc. were not ready to comment. Japan acted by stopping the $1Billion aid. Compared to Japan, US aid of 100-143 million is not much.) US aid of $100Million is much small compared to India's GDP of $400 Billion. Trade impact - India exports to US about $7.3 Billion, imports from US about $7.7 Billion. $7Billion trade with US represents only 10% of all export. India exports mostly to third world and OEC countries. About 60% of the US aid of $100Million is left unused since the aid is for projects and requires dollar matching from local sources. Local sources do not raise funds. Nearly 750Million of this aid remains unused. India is paying 1% interest on the aid money that is not used. US sanctions will affect mostly the US companies. Clinton did the right thing by imposing the sanctions. That is the US law. India did their tests to assure their security (against China). We can expect the business lobby would get it lifted in 6 months. Another static I found - US nuclear tests 1200, Russia 700, China 45, India 6. About 20 years ago, India was not self-reliant and sanctions would have an effect. (Source: Rediff.) Ram