Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: R. Bond who wrote (2219)	11/25/1998 10:51:00 AM
From: Stephen	Read Replies (2) \| Respond to of 2761

R. Bond .... from a technical standpoint, this looks like a basing pattern to me. Sure it could go down some more, but one thing I am relatively comfortable with, is that it will be higher sometime in the future. Call me old fashioned ... but I like to have some fundamentals as I'm not in a position to trade at the moment.... so the internuts are out for me ... though I have traded Netscape recently :). Also, from a technical standpoint ... I'm not sure that anything other than basing pattern is the thing to go for here. A spike past 15 on one day ... something it is capable of, isn't a trend ... then it could go another 2 points ... then another 3 ... and a trend starts to form ... but guess what ... 8 points just went west .... I understand what you want before you buy ... but I think that now that a basing pattern seems to be in place, averaging in would be the best strategy. As I hold a position, I want a dip before I buy more .... But ..... the dip hasn't happened today so far ... :(. got my order in though !! Good luck all Stephen

To: R. Bond who wrote (2219)	11/25/1998 12:25:00 PM
From: i_f	Read Replies (3) \| Respond to of 2761

Mr. Bond: Are you a long or short? If you are a short why don't you make mention of it. This is my impression based on looking at your profile. It seems the last 15 or so responses related to Syntel that you posted are generally negative. Incidentally I just got back into it last week. I believe that investments are long term and timing is impossible. As for Stephen if you have analyzed the company and believe the fundamentals are strong why wait till it hits the imaginary (or whatever method you used to determine the) low price. It might not get there or you may buy it at that targeted price and it may go lower than that anyway. Bottom line if you believe the stock is under valued and that it will be going up then just buy before others recognize the value and push it up.