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


To: Kal who wrote (1600)5/8/1998 2:53:00 PM
From: BACRDI  Read Replies (1) | Respond to of 2761
 
Kal,

I track 22 Y2K and Y2k related stocks, today is the first day that the majority are up, in over 5 weeks. In fact of the 22 only 4 are in the red. Some up considerably, over 2, many avging 1-1 1/2. I don't think this is because of the general market today.........because there have been many days when the market was up this much or more and the majority were still in the red.

Who the hell knows, but it sure has the appearance of a possible reversal for this sector.

If they hold or rally more at the close it would be more of an indicator.