Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RBB who wrote (1764)	6/4/1998 8:50:00 PM
From: Hoatzin	Respond to of 2761

Rambabu, thank you. Would you or anyone else care to offer an opinion as to the truth of this? I hear a certain Mr Wang still has some unsatisfied yearnings. Kevin

To: RBB who wrote (1764)	6/4/1998 11:31:00 PM
From: P. Ramamoorthy	Read Replies (1) \| Respond to of 2761

Rambabu - If it were true it'll be consistent with what we have been saying all along - the earnings potential and the cash reserve of some financially strong y2k companies (SYNT, SEEC, CMND, CRYSF, COGIF, etc.) generated within a short time frame will attract take overs. The reason is simple. Large companies can improve earnings simply by acquisition at bargain basement prices. By this time next year, these companies will fetch more. The SYNT CEO is not the type that will hesitate to sell to the benefit of shareholders. However, 50% premium is too low. As a long term investor, I do not like a growth company being taken over at an early stage. On the other hand, I'll be ready buy IPO's from this CEO when he starts another company. Ram