SYNTEL (SYNT) - Upcoming Year 2000 IPO Message Board

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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO

SYNT 40.99

0.0%

Oct 10 5:00 PM EST

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To: Michael Sinclair who wrote (1470)	4/22/1998 8:01:00 AM
From: R. Bond	Read Replies (1) of 2761

Michael, Hope you don't mind if I step in here. If any fund managers are waiting to buy SYNT, I would guess that (unless they know something we don't) they would look for a dip after earnings are released. It's happened for the last two releases: quick, short runup followed by a decline (of varying lengths) before moving up. Usual MM practice. As we are probably due for a good report, it MAY happen again. Concerning today's action: what price do you think the company wants the stock to split at? I'll go way out on a limb here and make a guess at very close to the present level. Somewhere in the lower 30's would look right for the new price. It could head a bit further south by today's close. BUT....................... Cheers, Bond

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