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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Nanda who wrote (10995)4/15/1998 12:54:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
NANDA, I bought back the 500 shares SYNT @ 50 1/8 when it appeared intraday chart was showing rebound in place.The stock bottomed @ 46+ which is pretty close to 45$ I said was channel lower band when I sold @ 58 7/8. On the turnaround I pocketed 4300$.In the overall scheme of things this is small amount but it is an intellectual challenge to try and call tops and bottoms.If SYNT breaks to a new 52 week high by the end of next week it should not face resistance until about 67$.
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