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


To: Craig Rogers who wrote (1577)5/5/1998 2:59:00 PM
From: Stephen  Read Replies (1) | Respond to of 2761
 
Having only just bought some shares at 30 I don't have the same concerns as some of you other guys. The only thing I think might be useful to point out is that the price seems to be dropping on low volume. That is usually a sign that sellers are dropping off and usually a time to buy. Just a thought for everyone !
Good luck all
Stephen



To: Craig Rogers who wrote (1577)5/5/1998 4:02:00 PM
From: paul e thomas  Read Replies (1) | Respond to of 2761
 
CRAIG,Remember nothing has happened to the companies only to the stock price. Both are relatively good values for growth stocks. I have sold a big chunk of my SYNT position to reduce my margin load,take some big profits and allow me to learn about call options which I have buying to hopefully capitalize on a rebound in IMRS, which I expect.



To: Craig Rogers who wrote (1577)5/5/1998 5:28:00 PM
From: Kal  Respond to of 2761
 
>>What's happened to the SYNT and IMRS that we used to know and love?

My take,
MMs and big guys rotate money.. it goes like this

-- PC makers --> Internet stocks --> Y2K --> Biomed --> fill_in_blank
^ |
|______________________________________________________________|

When everyone's busy accumulating PC makers' stocks, they're busy
accumulating internet stocks. When done, I stocks get upgrades.. they
dump. They now jump to Y2K. People dump thier I stocks. They
accumulate. And so on. This could be done in parallel in diff sectors.

You get the picture.
The trend is your friend.
Still holding SYNT since first got in.