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

To: dave katragadda who wrote (554)12/27/1997 10:10:00 AM
From: P. Ramamoorthy  Respond to of 2761
 
David - The momentum may be too strong to stop at 14-14.5 resistance, plus small float. Ram



To: dave katragadda who wrote (554)12/27/1997 10:47:00 AM
From: Coyoti  Read Replies (1) | Respond to of 2761
 
Laws of Physics would seem to demand a correction here, making it a very tempting short, save the tiny float...IBD mention will surely create another spike and perhaps a sell-off shortly thereafter, as more traders become aware, and return from the holidays..once corrected tho, this issue would seem to have legs, perhaps very nice ones indeed ;-)


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