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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: JDN who wrote (2445)2/20/1999 12:28:00 AM
From: Richard K.  Read Replies (1) of 2761
 
IF CHRZ can trade at a PE of 9 at present with the stock in the 13's, Syntel at a PE of 18 has further down to go believe it or not. When CHRZ was in the 17's people felt it was a great value. Don't fight the tape or trend. Every stock in this sector is getting killed, case in point IMRS most recently. Neither long nor short, just making an observation.
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