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


To: JDN who wrote (2077)10/28/1998 5:27:00 PM
From: Cosmo Kramer  Respond to of 2761
 
Well JDN, I believe it was an irrational panic also. The company seems to be doing well, it's not like our other stock (CMND).

MC



To: JDN who wrote (2077)10/28/1998 5:45:00 PM
From: LANDRUSH  Read Replies (1) | Respond to of 2761
 
JDN,

My fears short term and long term are based on the analists expectations which have been going forward for quite some time. The problem I have is that in Q2 estimates were for .15 and they made .17, then they come back in this Q with estimates of .13, what I am saying is that, IMO, the estimates should have been going forward instead of backwards. I would have needed to see estimates at .18+, and actual of .20+ to feel comfortable going forward. This is not to say they won't go forward from here, but apparently investors did not care for the numbers either. I would like to see a little more price erosion to the 12 or 13 level and a little reassurance from the co. as well as the street.

LANDRUSH

P.S. If you look at MAST and IMRS you will see that their estimates are continuing forward, hopefully actuals will follow suit.