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


To: TraderTerry who wrote (2737)3/12/2000 10:38:00 PM
From: Steve Rodio  Read Replies (1) | Respond to of 2761
 
Terry, re CMND: Was a debacle for me as well. In originally at 18 (ouch!), decided not to sell for tax loss because I saw a nice, quiet accumulation pattern going on, co. had a ton of cash, and rumors were flying about major deals. And the chart began to look healthy. Averaged down to around 6, holding my breath the entire time. Last week (or week before?), they announced a deal with Pepsi, one of the aforementioned rumors. Stock is looking healthy short term techinical-wise, and if they can execute, or if another good contract is announced, we are going to see major movement. In this case at least, patience was a virtue. Could turn out to be a big winner for me. Now I just need an exit strategy ... Steve



To: TraderTerry who wrote (2737)3/13/2000 9:22:00 AM
From: JDN  Respond to of 2761
 
Dear TT: Mine too, but Nope, sold for tax loss last year. JDN