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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 (2420)2/3/1999 8:45:00 PM
From: GreenKeeper  Read Replies (1) of 2761
 
I rode SYNT last spring and sold at 40. I have been disappointed that projections of growth have not materialized (headcount, fixed projects outsourced to India, etc), but I too picked it up at 13 as a defensive play in a booming market; expecting 11 at worst and 17.5 at best. The body shops seem to be drifting down lately, because there are so many hot tech picks right now. I expect any good news will be bundled with a positive earnings announcement, and the traders will play it up then.

It will soon be time to show me the GREEN!

Keeper
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