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

To: William H. Ferguson who wrote (1456)	4/18/1998 4:43:00 AM
From: JDN	Respond to of 2761

Dear William: I am going from memory, didnt go back and recheck the press release, but my recollection is the actual date of the split will be 4/26. You may be thinking of a record date or something. But until the stock ACTUALLY splits it will trade presplit. So there is time. As to the rest of your comments, I personally am awaiting earnings. I understand that they will be good and that they will support the split however I have no way of verifying that. If that statement is correct I see no reason why this stock will not emulate IMRS for IMHO it has two things going for it that IMRS does not have. Majority NON y2k business and only 14% of the stock is in the FLOAT. JDN

To: William H. Ferguson who wrote (1456)	4/18/1998 10:27:00 AM
From: R. Bond	Respond to of 2761

William, What ARE you talking about? For a long, you certainly do sound nervous. When did you go long? From your post I assume not recently. But this is your first post here. Do you actually believe that the thread members are primarily responsible for the average daily volumes in the range of 250,000 to 550,000? Don't forget SYNT is held by some institutions and has had a plug as a buy in Barron's. And why don't you refer to the volume figures when you conclude that "a relatively small number of market participants are moving SYNT whether it be up or down."? If anyone is "moving" the price, it's the Market Makers. >>If the stock took, oh, say, a $31 dollar tumble next Monday, do we have the confidence in the issue's future to ride it out, and, buy even larger positions?<< There are some experienced investors who post here frequently. Considering the possible negatives is a basic rule for holding any stock. Usual considerations encompass something even smaller than a one-day 60% slide. >>Seems a bit unusual that the stock isn't at least rising slightly toward its previous high.<< SYNT hit an all-time high on Monday. It is presently basing after a 30% run up followed by a retracement. It's normal. The shrinking daily trading range indicates an upcoming move. Look at a chart for the past 3 months. >>How many of us believe that the Y2K problem is real.....<< Have you read any of the past posts here? IMHO, the most frequent posters could be considered Y2K experts by the general population. Why don't you look at the charts of several different stocks that have split this year? Try DELL, MLHR, IMRS, and MAST for a start. Yes, Friday's volume was surprisingly low. Look at the chart. What happened after the last few times we saw this volume level? The trend is (fill in the blank). Cheers, Bond

To: William H. Ferguson who wrote (1456)	4/18/1998 11:14:00 AM
From: TEDennis	Read Replies (1) \| Respond to of 2761

William: Interesting post. Thanks for taking the time to trigger some thoughts in the faithful followers, the skeptics, and the lurkers. Personally, I think IMRS is overvalued, and SYNT is close to full value. This has been determined very scientifically by the "gut feel" technique. (OK, I expect bad vibes and grumpy responses from that one. Whatever ...) My risk tolerance is such that I'm avoiding them both right now. Good luck to the longs. TED