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


To: Intrinsic Value who wrote (882)2/23/1998 9:15:00 PM
From: md1derful  Respond to of 2761
 
IV: With markets at new highs and a double for me on this stock(11, and 16), I'd be nuts not to take it...out at 32 today..I'll find other great bargains with the money..best of luck to you all.



To: Intrinsic Value who wrote (882)2/24/1998 1:36:00 AM
From: Risky Business  Respond to of 2761
 
You may be right but if read my above link I got into SYNT because it was way undervalued compared it's sisters. Now that it has grown up I have found another youngster. One that earned 8 million (.24) this quarter vrs 3.87 (.15) that SYNT earned this quarter. And one that has a market cap of 371 million vrs a market cap of 752 wich syntel now has. . Did SYNTEL invent a widget in the last month that caused its market cap to more than double? Or was it finally "discovered"
that it was trading at a discount to its' peers. What changed was investor sentiment.

This model of investing has worked well for me in the past, find em' before the street does.

Regards,

jay