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

To: P. Ramamoorthy who wrote (1506)	4/27/1998 3:55:00 PM
From: Nanda	Read Replies (3) \| Respond to of 2761

Ram, I have received numerous private EM's regarding my current assessment of SYNT. At present post split I hold 6000shares of SYNT and I do not plan to sell any. I like a stock like SYNT to be tested and it has been for a few days. A testing like this gives a support position to a new stock like SYNT and a base from which it can attain new heights. You all may disagree but I like what I see. When market turns around we will see a good rebound and earnings may give a new momentum to this stock. We should remember y2k business last year was only 7% of 125+ million revenue and 1998 rev from y2k will only be 14-15 %. This is a quality IT company and they will continue to flourish. I did not add to my position here as I am adding IMRS,CBSL,CMND,TAVA and SEEC so that my portfolio has a better distribution of my favorite stocks. GOOD LUCK TO ALL>