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

To: John Sikora who wrote (769)	2/9/1998 6:35:00 PM
From: Webster Groves	Read Replies (1) \| Respond to of 2761

Market cap up 50 M on an announcement of a few million deal. News is good...but that good ? Lots of selling (and buying) after the morning surge in price. The 6-mo lockup period on IPO shares ends in a few days. Given that about 86% of the shares are held by 2 insiders, I don't see the floodgates opening up much......but perhaps a little. Gotta' admit I took some shares off the table today. Hope I get 'em back cheaper, but who knows ...... Any other nervous Nellies out there ? I'll take the double from December. -wg