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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: Stormin who wrote (2497)4/2/1999 2:30:00 PM
From: Stephen   of 2761
 
Stormin, I agree that many of the reports one sees seem incongrous with what happening in the industry. As for SYNT, they have stated that they will not go for Y2K business per se, unless there is some ongoing business relationship. That is one of the reasons i like the company and the management. They are not short-term thinkers, ... and the stock will suffer until there is news. This is symptomatic of the market that has the attention of a nano-second and requires momentum for many investors. longterm i expect the stock to be fine. Still painful in the shortterm though. Best to ignore the situ for now to preserve ones sanity (GG)

Have a great weekend

Stephen
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