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

To: Michael Sinclair who wrote (1470)	4/22/1998 6:34:00 AM
From: Nanda	Respond to of 2761

SYNT is playing the usual game you see with volatile stocks. Do not read too much in price fluctuation. The latter will continue.

To: Michael Sinclair who wrote (1470)	4/22/1998 8:01:00 AM
From: R. Bond	Read Replies (1) \| Respond to of 2761

Michael, Hope you don't mind if I step in here. If any fund managers are waiting to buy SYNT, I would guess that (unless they know something we don't) they would look for a dip after earnings are released. It's happened for the last two releases: quick, short runup followed by a decline (of varying lengths) before moving up. Usual MM practice. As we are probably due for a good report, it MAY happen again. Concerning today's action: what price do you think the company wants the stock to split at? I'll go way out on a limb here and make a guess at very close to the present level. Somewhere in the lower 30's would look right for the new price. It could head a bit further south by today's close. BUT....................... Cheers, Bond