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: JDN who wrote (2280)	12/16/1998 11:52:00 AM
From: Stephen	Read Replies (1) of 2761

JDN, besides tax loss selling, there is some day trading going on which is undermining the base that was being built. Whoever it is is making 50 basis points a day .... but it ain't doing the stock much good !!. Heck ... I've even considered doing it myself given that its one of the few stocks I watch that isn't overbloated and I don't consider will have any bad news on the earnings front. Seems like the way to play the odds. As I say ... I'm ignoring my paper loss ... and have two more shots to play before I stop accumulation Best regards Stephen

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