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


To: LANDRUSH who wrote (2080)10/28/1998 7:37:00 PM
From: JDN  Read Replies (1) | Respond to of 2761
 
Dear Landrush: I wondered about that too. I thought that perhaps the analysts were mistaken as they were 2nd qtr when SYNT exceeded by 55% as I seem to recall. This time only by about 18%. I noticed Deferred Revenue increased 7 million. I am beginning to wonder if the company sort of airms for the analysts figures. Hope not because I agree with you. If one is to have high PE multiples one must be able to continually show increases in estimates AND more importantly RESULTS. Not quite sure why the selloff today. I suppose that these analysts feel the rate of growth is slowing thus ultimately the PE ratio must fall. As for myself, if we see those 12 numbers you mentioned, I would feel for sure this is an excellent investment. I almost bought more today. JDN