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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: Cosmo Kramer who wrote (2270)12/15/1998 4:37:00 PM
From: JDN  Read Replies (1) of 2761
 
Dear Mark: No, I dont think you are crazy. I myself am very tempted. I wouldnt increase it 10 fold at least not all at once. I think its far safer to GRADUALLY increase it. However, I am retired and must watch my bets. I just would like to know where all the VOLUME came from today (over 600,000 shares traded). I hope the Principals were not selling some of their stock. So long as they hold there is no doubt in my mind the stock will eventually rebound. I think its likely undervalued based upon current earnings not even thinking about 1999. JDN
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