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

To: Raj Ramaswamy who wrote (469)	12/18/1997 4:07:00 PM
From: DD™	Read Replies (1) \| Respond to of 2761

Looks like some big block activity, but can't tell if its buy or sell... iqc.com Very odd that there was as little a price variaition in the stock as did occur. DD

To: Raj Ramaswamy who wrote (469)	12/19/1997 1:05:00 PM
From: megazoo	Read Replies (1) \| Respond to of 2761

<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.> when everybody starts talking about the january euphoria, chances are that it won't happen. syntel will do good, but its stock price rise will have to be validated by earnings. remember, the tech bear market has officially started, and perceptions are different now with respect to the tech stocks than before. yes, synt is a US based stock trying to capitalize on the cheaper offshore labor market, and the asian flu will not affect it at all, but for now, the market has lumped it with other tech stocks. only earnings can redeem syntel out of this mess. just my opinion.