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

To: P. Ramamoorthy who wrote (2127)	11/5/1998 8:53:00 AM
From: JDN	Read Replies (1) \| Respond to of 2761

Dear Ram: Sorry, cant agree with you on that one. All the successful companies (stock price wise) have good working relationships with quality analysts. Couple of examples come to mind such as INTC, MSFT, EMC etc heck even IMRS. The fact IMRS is now selling in the high 20's and we are even dropping out of the teens is especially embarassing given what I believe is SYNT's superior business model at least at this time. That fellow at IMRS plays the analysts like a piano and he seems to be a maestro!! I am afraid that the majority ownership has a much different agenda then the minority ownership here. I doubt if they give a HOOT about the current stock price--although if they ever get on the acquisition trail they may regret that feeling. I do believe they are intent on building a very large enterprise, and I suppose eventually the stock price will come around but it will never be what it could be without analyst support. imho of course. JDN

To: P. Ramamoorthy who wrote (2127)	11/5/1998 2:31:00 PM
From: Dave O.	Respond to of 2761

< Minimal guidance is fine. The CEO and his wife do not want their 86% of the company manipulated by these so called analysts. There is no law to tell the analysts, is there? > I think SYNT needs to have a good relationship with whatever analysts cover the company. The models the analysts develop need some input from management, without such, analysts will likely take the worst case scenario so as to not get blindsided down the road. My point was that the CFO should establish reasonable communication and not be too tight lipped. In the longer term, the ability to execute will move the stock to a fair value. Dave