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


To: JDN who wrote (2123)11/4/1998 5:04:00 PM
From: Dave O.  Read Replies (2) | Respond to of 2761
 
Although I don't own any SYNT I have been thinking about it lately. From a prior post someone stated: For third quarter top 2 customers 36%, top 5 customers 57%, top 10 customers 69%.

Do you think analysts are concerned that so few customers account for so much of their revenue? Are the bulk of their contracts consulting, contract programming, systems integration, ... that are Y2K independent? I live close to their headquarters here in Michigan so I'll try to see what I can dig up.

Last, were there any questions in the conference call about earnings projections? Did management comment on analysts estimates for the upcoming quarter or the fiscal year? It's tough when management provides minimal guidance to analysts as it seems SYNT has done.

Dave