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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: Stephen who wrote (2139)11/11/1998 11:09:00 AM
From: R. Bond  Read Replies (2) of 2761
 
>>... but is seems that when this stock does go ... it has the potential to go fast.<<

Stephen, I think we've certainly seen that on the downside recently. I've just been spending some time watching SYNT on Level II as it sinks to around 13 1/2. Someone is consistently hitting the Bid and driving down the price. SYNT, clearly, is not a stock moving on it's merits, or even a lack thereof. This baby is being played by professionals, some winning some losing. But any investors, at this stage, should be aware that the fundamentals mean nothing here.

IMHO.

Cheers,
Bond

P.S. Let's hope they run it back up soon.
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