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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: R. Bond who wrote (2358)1/6/1999 4:18:00 PM
From: Stephen  Read Replies (2) of 2761
 
Whoops .... I was expecting this somewhat.... though it was more severe than I anticipated. Some of the other smaller caps I follow had bad days after a recent run-up. Whatever they say about breadth, today was still driven by the big caps and the recent opinions about a small cap rally to catch up with the big boys, seem to be fading with increased scepticism. It may well be that the surge is over now until the earnings run ... so lets hope it consolidates at a higher level than its recent bottom. I know theres no TA reason for this to happen however. Ah well ..............

Good luck all

Stephen
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