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

To: R. Bond who wrote (2140)11/11/1998 11:15:00 AM
From: JDN  Read Replies (2) | Respond to of 2761
 
YO BOND: Based upon the relatively small volume I think that you are absolutely correct. This stock is being played. Only way to beat em is to put the stock away and forget about it. If you have confidence in their business plan and that majority ownership wont sell eventually this stock MUST reach its proper level. If top line (revenue) growth remains at 30% or more (lowest so far this year) seems to me stock will not be down in the dumps forever. It is discouraging at the moment of course. JDN



To: R. Bond who wrote (2140)11/11/1998 11:35:00 PM
From: 45bday  Read Replies (2) | Respond to of 2761
 
Could you explain that last post for us who are less enlightened as to the ways of the big investors. When you say hitting on the bid for example exactly what do you mean or what is the implication of this? TIA.

I just read some of the other posts. I guess my problem is if enough buyers believe in the fundamentals and start buying won't the shorts give up trying to beat the thing down. Or is there another issue I am missing.


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