Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeffrey E. Klein who wrote (450)	12/15/1997 10:06:00 PM
From: Kathy Riley	Respond to of 2761

Well, short interest in next to nil, it has actually dropped alot from when they went public in August. Secondly, institutional coverage is up to 9 institutions from 2, I believe. I will see if I can locate exact number and percent. I also saw it somewhere today. The fact that it is dropping on very small volume makes me not want to sell so others can pick up my shares cheaply. And yes, Nanda, I agree, this is a bit ridiculous. I am also holding because I have found it easy to sell when it starts dropping and then buy back at higher prices, which the market makers also enjoy. For me, this is just a hold, I think in the spring, we will be happy. Unless the whole market goes to hell in a hand basket, in which case, we will not be so thrilled. I went to Yahoo to check all their news this quarter, makes it easier to hold through this BS. Kathy