SYNTEL (SYNT) - Upcoming Year 2000 IPO Message Board

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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO

SYNT 40.99

0.0%

Oct 10 5:00 PM EST

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To: Steve Rodio who wrote (2744)	3/22/2000 5:55:00 AM
From: JDN	Read Replies (1) of 2761

To all: Nice action in SYNT yesterday. A little more volume would be even nicer. Reviewed the statistics on SYNT this morning and still feel good about this stock and its current valuation. Thought you might be interested in reading this little blurb that came through a stock service this morning to me via email. JDN SYNT $16.00 +1.88 Syntel Inc. - While we like the bullish candlestick formed by SYNT today, we are concerned about the lighter than average volume backing today's move up and the amount of resistance that SYNT is going to have to contend with in the near future. If SYNT can make it through its 50-dma at $16 and its 10-dma of $16.50 on strong volume, it may end up on our play list. Chart= stockbottom.com

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