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: P. Ramamoorthy who wrote (1653)	5/14/1998 8:27:00 AM
From: Nanda	Read Replies (1) of 2761

Ram and JDN, I expect weakness in SYNT and other India based stocks to continue at varying levels. It seems CBSL has reversed the downward trend and next should be IMRS. Synt may test 21 to 23 level before an upward movement. I started getting out of y2k stocks last week as I mentioned in my posts and currently I only have some IMRS, its options, CBSL options. I do not plan to reenter unless I see a good upward movement. This may even up my entry point. I am completely out of TAVA but I will buy again if I see any sustained upward tick or hard downward movement. Last 3 weeks has been devastating to my y2k portfolio, though still significant profit, and this is the time to REGROUP and REFLECT. I wish everyone good luck today, tomorrow and day after.....

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