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


To: JDN who wrote (2501)4/6/1999 5:13:00 PM
From: av ram  Read Replies (1) | Respond to of 2761
 
To all stockholders:

Like many of you here, I am clearly upset with the SYNT performance. May I suggest all of you to do following:
- Call IR/CEO/CFO and find out their strategy. It is very important for all investors to be active. The IR contact is syntelinc.com
- Write to SYNT management

BTW, I have written following to Mr Bharat Desai. (Not sure if I sent to correct address; found one in excite)

--------------------------------------------------
Hello Mr. Desai,

I am SYNT stock holder and currently very disappointed with its
performance.

To help the company and the stock value, I would like to propose
following immediate measures:

0. Management must prepare a strategic road map on how it plans to
revamp the company and how it plans to increase stockholders value and
present it to the board of directors and then to stockholders. This
should be done as soon as possible.
1. You should sell some tightly held shares to its employees or to
institutions. As long as a single person owns majority stake, SYNT is
unlikely to find Wall Street fan.
2. Provide employees training on internet/web/e-commerce consulting.
3. Key to growth and success is best talented management. Hire best
middle/upper management.
4. Aggressively expand in Europe.
5. Either buy good company with EDI/Healthcare/E-commerce experience or
try selling SYNTEL.
6. We do not have much time as budget for IT spending is getting tighter
everyday. SYNTEL must find niche or else prepare for worse. As you can
see the service sector is clearly out of the favor in Wall Street (most
companies selling near 1.00 price/sales ratio). The only way to survive
is to bring top of the line growth.
7. Hire best of the breed in sales management
8. Lastly employees should be given stock options and profits

Good Luck.

Until later,
a share holder,
av
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