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

To: Baudwalker who wrote (2198)	11/19/1998 7:46:00 AM
From: JDN	Respond to of 2761

Dear Baudwalker: First off I dont think there is going to be a tightning for the next few years. I believe that Congress increased the quota from I think 95k to 115k. Secondly, SYNT's claim to fame is that they do not take the workers to the job, rather the job to the workers. So many of their people are overseas. This allows them to be more efficient not only in salaries vs output but in operating 24 hours a day thus completing the work faster for the customer. There is at least one potential drawback to this, that is India (where I imagin the bulk of their foreign workers are) has pretty stringent labor laws and it is not easy to lay off workers if the work should subside. That hasnt been a problem to date that I know of though. JDN