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

To: Craig Rogers who wrote (1416)	4/13/1998 8:09:00 PM
From: Frost Byte	Respond to of 2761

After an initial sell-off possibly at the open, SYNT should regain its strength....we can't expect SYNT to go up every single day, and this FEAR this afternoon should have gotten rid of those who were waiting to take profits...the closer we get the to the split date, the better off we are.

To: Craig Rogers who wrote (1416)	4/14/1998 5:11:00 AM
From: JDN	Read Replies (1) \| Respond to of 2761

Dear Craig: I think your comment is at least partially the reason. I noted about 40,000 shares being traded all at once about 3:45 which caused the stock to drop to 52 at the time. It then climbed back to 53+ in the few minutes remaining in the day. So I think it ought to recover today. In any event, it is my belief from studies I have seen a long time ago that in general split stocks of SUCCESSFUL companies generally outperform the market within 6-9 months. So long as the Principals are not selling I see no reason why we should. They are the Key to everything IMHO. JDN