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


To: DD™ who wrote (820)2/19/1998 9:00:00 AM
From: Narotham Reddy  Respond to of 2761
 
SYNT no pre-market activity

What I don't understand is there is absolutely no pre-market session
for SYNT despite its strong earnings report and the trend is not
"rising" either.

Looks like it is following the common trend. Stocks tank on great earnings report. Of course this does not apply to DELL opening at 119.

Narotham



To: DD™ who wrote (820)2/19/1998 9:07:00 AM
From: Dale Baker  Read Replies (2) | Respond to of 2761
 
Net margins for SYNT and IMRs are about the same. IMRS went from $28 mil. in 1996 to $83 mil. in 1997; SYNT started from a base of $92 mil. in 1996 and finished 1997 with $124 mil. IMRS has only 17 million shares outstanding while SYNT has 25 million.

I don't see any pre-market activity either. Let's see what happens at the opening bell.