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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: ItsAllCyclical who wrote (1444)4/15/1998 1:17:00 PM
From: LANDRUSH  Read Replies (1) of 2761
 
Jim,

For 1) There's nothing wrong with playing momentum. Don't fight the trends.

2) I made my DDIM prediction prior to the 3 for 1 split. Post split DDIM went to 40, which puts the pre-split number at 120.

DDIM made me and others a lot of money as has IMRS and SYNT. Is SYNT over valued? Current numbers would say yes, future numbers have yet to tell us. I am looking for .19 to .22 this quarter. Pretty aggressive but what the hell.

What I'm saying is that there is money to be made both long and short.
I just don't like trying to make money on the short side while the trend is to the long side.

Goodluck

LANDRUSH
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