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

To: Josef Svejk who wrote (592)	12/29/1997 12:10:00 PM
From: Mike Winn	Read Replies (1) \| Respond to of 2761

Sure Michael, er Josef, I always do my homework. About SNDK, it suffers along with the rest of tech stocks, nothing wrong about its fundamentals. But I did make the right call by selling it around 27 and buy back at an average price of 20, so I don't suffer much at the current price. Do you think SNDK will benefit from this millenium problem, Michael? :-) Do you still own SNDK? Stock price valuation is an art, fundamental research is a science. Some lemons go up, some gems go down, I don't dispute that in the short term. But in the long run, the market is always efficient. Lemons always go to the dumpster while gems will be bought by nice ladies :-)