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


To: Kathy Riley who wrote (2039)10/2/1998 11:06:00 AM
From: JDN  Respond to of 2761
 
Dear Kathy: Obviously I dont know the answer, but I would comment that usually these contracts are long term in nature and SYNT has never let us down yet earnings wise. I for one am not expecting anything negative from their operations, but in this market who the heck knows what the stock price may be. JDN



To: Kathy Riley who wrote (2039)10/2/1998 5:19:00 PM
From: Fouad Nahas  Respond to of 2761
 
Software companies threatened by economic slowdown - at CBS
MarketWatch
cbs.marketwatch.com

Sounds that most will be hit for now..



To: Kathy Riley who wrote (2039)10/3/1998 6:30:00 PM
From: Craig Rogers  Read Replies (1) | Respond to of 2761
 
Kathy what stinks is that Prudential send that it is fully valued from here and there isn't much upside.

I sold when I saw it gap down Friday and bought it back.

I can't win. It will probably gap down Monday too.

After that write up in IBD last week sometime I was impressed what was said about the company and the way it was rallying I was convinced I had a keeper.

Zacks still rates it a strong buy though.

Craig



To: Kathy Riley who wrote (2039)10/4/1998 1:30:00 PM
From: R. Bond  Read Replies (2) | Respond to of 2761
 
Kathy,

Prudential is on to a good thing with their SYNT downgrades and they know it. Unfortunately for any longs caught out.........it works. They can knock the price down. Certainly no problem in this market climate.

If you do buy, I hope you have a fast trigger finger and don't blink. Anything could happen.

Cheers,
Bond