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Technology Stocks : SYNTEL (SYNT) - Upcoming Year 2000 IPO -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (2550)7/8/1999 8:19:00 PM
From: Stormin  Read Replies (1) | Respond to of 2761
 
I'm curious about the problems in India/Pakistan. Could this have some hold or grip on this stock. It has major holdings in India and since the company holds majority of stock and the major players are from India could this bring about stagnate growth? Currency devaluation may also have negative effect. This sector seems to have overall growth while this puppy lounges by the dog house. I hold a long position, I have high hopes, but would like to see some outward publicity from company. They also had news release some time back about buy back of stock. Has anyone noticed if they have done this? I checked on my Schwabb online research section and can't find any company buy back. Oh well, I guess I'm venting. But a $32 stock crawling along at $9 is dishearting. Still positive and L@@KING for the big run.

Best regards

Norm