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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: DD™ who wrote (460)12/18/1997 7:57:00 AM
From: Rob L.  Read Replies (1) of 2761
 
I suspect that much of what is happening to SYNT is related to tax-loss selling. It did not start off that way, but anyone who bought this stock in the last month or now has a loss. When you get a flood of sellers and no buyers, this is what happens. I am not making any selling decisions based on December movements without news. i think this stock, barring any negative news, will rebound sharply in january/February.
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