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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: Feraldo who wrote (482)12/19/1997 8:07:00 PM
From: Narotham Reddy  Read Replies (1) of 2761
 
Many Y2Ks were UP today

At last, may I take the liberty to club SYNT with the other
Y2K winners today since the stock has been showing some signs
of vitality (for the last two days) as we fast approach the earnings.
(Raju, any forecasts ?).

My sincere advise would be don't jump ship from one Y2k to other, not at this time at least. Often, one will become homeless in this process.

No one can predict the absolute bottom nor can predict the direction of price, but I am well versed in the Y2K internals and am thoroughly convinced that we have reached the nadir. Recovery is the only
redemption at this time.

Also, all the three companies' that initiated buy coverage on this stock a while ago, still maintain Buy, for the moment at least.

Regards,

Narotham
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