SI
SI
discoversearch

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: TokyoMex who wrote (2116)11/2/1998 5:14:00 PM
From: Les H  Respond to of 2761
 
Earnings estimates for '99 are only 4 cents higher than '9 --- .65 versus .61. Some more revisions and they could be below '98 level. Only KEA and AUD seem to be doing well today. IMRS, MMWW, CSC, EDS, etc. are doing poorly.



To: TokyoMex who wrote (2116)11/2/1998 5:32:00 PM
From: hoffy  Respond to of 2761
 
ALmost jumped in this one but I got into TUNE and TFSM instead. Glad I did. They both surged into the close and SYNT went down. can't understand it. With the great news out today and the high volume to drop in price is baffling. Most be some big sellers out there who were selling into the strength. I think I'll wait on this one to see what comes up.
DOesn't look too good right now from the action.



To: TokyoMex who wrote (2116)11/3/1998 5:48:00 AM
From: JDN  Read Replies (1) | Respond to of 2761
 
Dear Mex: Hey, YOU are the one who is supposed to tell us what is going on?? For me, a long term investor, this is just another buying opportunity. I think the problem is that the company may not be giving analysts enough direction. ie analyst estimate 58 cents for 1998 (we are nearly there already) and I believe 64 cents or something (just forgot exact amount) for 1999. Unless SYNT intends to suddenly do worse (which I doubt--see salesmen increase) I believe they will earn the 1999 estimate in 1998 and SUBSTANTIALLY exceed the 1999 current estimate. However, analysts seem to be down on the company, perhaps?? because Company wont give them enough guidance. Just my guess though. JDN