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


To: airborn who wrote (2122)11/4/1998 12:19:00 PM
From: JDN  Read Replies (1) | Respond to of 2761
 
Dear Airborn: I have been in contact with them but all they would tell me was business is good and they are comfortable with the analysts estimates. When I pointed out they ought to be as it looks like they already will meet 1999's estimate in 1998 ALL I GOT WAS SILENCE. The comment was they DONT comment on any earnings estimates other than that put out by analysts. Spoke to my broker about this and he told me most likely they ARE NOT giving the analysts any guidance so analyst put out very conservative numbers to cover their own butts. I think this must be true as they always seem to beat the analyst estimates by a wide margin. JDN