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

To: Stephen who wrote (2218)	11/25/1998 6:37:00 AM
From: R. Bond	Read Replies (2) \| Respond to of 2761

Stephen, At this point, IMHO, you may wish to put as much emphasis on the presence (or not) of buyers as you do on the supposed lack of sellers. A lack of both and you are really at the mercy of the MM's. Are you seriously going to buy without any confirmation of upward movement? With this stock's track record? It is clear by now that fundamentals are not having an impact on the trading price. If it's trading you're after, there are many better stocks out there for that. Try the Internets. MCNS up 200% in the last 8 sessions from $1.50/share. You could have had it for $0.50 at the beginning of October and it's going higher. ONSL up $13 in the past 2 weeks, then closed up $13 yesterday after being up $20 intraday. Not to mention what AMZN and YHOO have been doing. See also COOL, ATHM, AOL. If you're looking to pick a bottom on SYNT, the chart says 11 1/4. Best of luck, Bond P.S. If it's punishment you want, just make a check out to me for the amount. Say, a couple of thousand shares? Thanks!