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 (1473)	4/22/1998 11:16:00 AM
From: P. Ramamoorthy	Read Replies (1) of 2761

Apr 22 is the split date. Company has no control over the price prior to the split or after. The market (market makers?) controls the price by balancing supply against demand. Tomorrow it will open at 2/3 of today's closing price (54?), about 38(?). Just a guess! If there is a dip after the split, a good earnings report will move the price up. Usually the price goes up prior to announcement and dips after. SYNT does not follow this pattern. (Look at their cost of revenue, SGA, and gross margin. Margin is currently not as good as IMRS, but will get there.) Ram

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