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

To: Narotham Reddy who wrote (468)12/18/1997 2:57:00 PM
From: Raj Ramaswamy  Read Replies (2) | Respond to of 2761
 
Narotham,

This selling is more to do with year end dumping to take tax loss.

We should see strong January effect across the board on Y2K (with new budgets rolling into Y2K projects etc). I would expect SYNTEL to climb strongly then.

9 seems to be the lowest low. Buy now or averge down and sit on it until the 1Q results. You won't be disappointed. :-)

Raj


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