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

To: R. Bond who wrote (2144)	11/12/1998 12:26:00 PM
From: Stephen	Respond to of 2761

Bond, thanks for the info. What I don't understand is why anyone would keep the price down. The circumstances by which this usually occurs don't really seem to apply ...... cheap accumulation by mm's .... well they don't seem to be buying from what JDN says. Someone short getting the last drop out of it .... doesn't make sense, it would make more sense to buy it back and go long. Takeover been agreed so the current price needs to be kept at a consistant level .... nah ...don't see that either. None of the senario's seem to fit ... but if anyone has any idea's I would be interested. There's no great rush. I won't be taking any loss on this one and will hold it as long as necessary until it reaches what I consider to be a more fair value. These things go in cycles anyway ... best to get in at the bottom and the upward move seems to hold far more potential !! Still .... the boards got a bit more lively !! Best of luck all Stephen