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

To: airborn who wrote (2576)9/8/1999 9:31:00 AM
From: JDN  Read Replies (1) | Respond to of 2761
 
Dear airborn: Well, in the past the insiders have never sold a single share even on the runup to 30 or so, which impressed me. Hard to believe the institutions would be selling since they probably bought in at much higher levels. My understanding is that 1999 would be a difficult year for several reasons, (product changeover, y2k potential lock down) but 2,000 should be gangbusters. JDN



To: airborn who wrote (2576)9/13/1999 4:45:00 AM
From: American Spirit  Read Replies (1) | Respond to of 2761
 
IMRS - right now looks to be the best bargain in this beaten-down sector. Assuming the support is $10 you can make some good money trading on bounces. The 40% drop suddenly makes is a value stock. Expect some good news to propel this stock back and for a bottom to be established. Anyone's thoughts on the bottom?


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