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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: Jim Wang who wrote (644)1/2/1998 7:24:00 PM
From: Richard M. Jimmink  Read Replies (1) of 2761
 
Lu Wang,
Today was good example of many institutions delaying their profits into another calendar year. Many stcoks that were hit hard in October and pushed further in December for tax purposes recovered. Those with big rises last year, saw profit taking and buying back in. IMRS example. IMHO.
RMJ
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