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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO
SYNT 40.990.0%Oct 10 5:00 PM EST

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To: TraderTerry who wrote (2702)2/28/2000 8:13:00 PM
From: gerald tseng  Read Replies (1) of 2761
 
Terry, JDN: Look at MAST up more than $7 today w/ no news. Someone contributes the rise to the following:
"There are a few reasons for the move:
1) MAST is hosting an analysts day in NYC on 3/7/00 at the Riverwalk from 8-10AM EST. At this meeting they will discuss continues plans to become more of an internet incubator.(ie. ICGE, CMGI) It's a pretty safe bet that they will have 2 e-venture funds active by that time investing nearly $100m.
2)Credit Suisse first boston sales force is catching wind of the company's changes and is pushing the stock as of this morning. They may significantly raise their price target after the 3/7 meeting. We've all seen what their price target raising can do to a stock (ie. TSAI last wk)"

AREN'T OUR SYNT DOING THE SAME THING?! Maybe we will get a sympathy play next few days....
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