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

To: JDN who wrote (2437)	2/21/1999 9:55:00 PM
From: Daulat	Respond to of 2761

Since the stock has stumbled so much, my sense is that the earnings report must not be good. Another way of looking at this is that the stock has already discounted poor earnings/ sales into its current declined price. If SYNT delivers close to the estimate, we will not see a plunge. It may even go up. I am going to wait for one more quarter regardless of what happens here this week. May buy more if it dips. This is a company with no debt, strong margins. Top line was the problem, which will be resolved in near future with newly hired sales force.