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: wlheatmoon who wrote (597)	12/29/1997 3:06:00 PM
From: Raj Ramaswamy	Read Replies (2) \| Respond to of 2761

MChen, Ouch..! Who took the air out ? <gggg> Raj

To: wlheatmoon who wrote (597)	12/29/1997 3:06:00 PM
From: Jim Wang	Respond to of 2761

oh, man, what happen? Down to 131/8 in this up market(with dowjones up almost 100 point). It might already reach its 15 resistance lever. The Y2k party now is over. Time to sell now! Happy short and long

To: wlheatmoon who wrote (597)	12/29/1997 3:27:00 PM
From: Mike Winn	Respond to of 2761

I think it's just a little bit of profit taking from folks who bought at 9-10. There are also plenty of people who bought at 12-14, so I don't think they will sell. I think the stock will bounce back to 14-15 quickly and continue its ascend to 18. If I am wrong, then I am more than happy to buy more on any retracement. Either way, I am happy camper. Btw, I am not new to this stock or the Y2K sector as some of you may have mistaken. I bought a whole bunch of SYNT at IPO at 11, sold at 15-16, just bought back last week at 11 7/8. Likewise, I bought IMRS at 11, sold at 27, bought CBSL at 16, sold at 28, bought ALYD at 16, sold at 23. So far, I am doing really well in the Y2K sector.