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


To: P. Ramamoorthy who wrote (1739)5/30/1998 12:22:00 PM
From: bob oserin  Respond to of 2761
 
Ram and Dave, love to read your posts!
Re: Business after 1/1/00
Arizona St, survey reveals 50% of small businesses will wait
till 1/1/00 "to see what happens." Multply by 49 and visualize the amount
of business to be had post-2000. At least for remediation!

BOB O



To: P. Ramamoorthy who wrote (1739)5/30/1998 12:57:00 PM
From: JDN  Respond to of 2761
 
Dear Ram and all: Yes, please read this companies profile. Y2K work is a drop in the bucket to its business. Was 7% of revenues last year and is forecasted AT ITS PEAK to not exceed 20% of revenues. There is absolutely no reason to think that the passage of year 2,000 will have any negative effect on this stock. In fact the opposite is likely to be true. ie Once companies have freed up their software budgets for things outside of Y2K remediation the services SYNT offers combined with the contacts they have leveraged should BOOST revenues. JDN