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


To: i_f who wrote (2222)11/25/1998 4:23:00 PM
From: R. Bond  Read Replies (1) | Respond to of 2761
 
Mr. Friedman,

I have been in and out of SYNT since shortly after it's debut....always long. In fact, I am presently holding a small stake at a small loss. However in view of the heights the stock has hit and it's great fundamentals, I find it very disappointing that the management isn't doing more (as many other respectable companies do) to keep the integrity of the stock. I think it's crazy that this stock needs a 200% rise to reach it's old highs. What do you think is in order?

BTW, I do not post on SI to try to manipulate the members of any boards to enhance my short positions. While I do short, I seriously doubt that SI could swing my positions. Presently I do it VERY short term anyway. If you are interested in reading my past posts, you may find it mildly entertaining to read all the positive ones I posted about SYNT in the past. Mostly due to my Y2K interests.

Also, I wish Mr. Stephen well in the market. My comments were only meant to present a different viewpoint. I'm quite sure Stephen makes his own decisions in the end. But I maintain that fundamentals are not affecting SYNT, nor have they been for a few months. Otherwise, the price would not be where it is. Therefore, I'm using caution.

I use charts to make guesses at support/resistance areas. It works well for me in helping to choose entry points.

I'm not one of the bad guys, just a little pissed off with SYNT, the analysts, and MM's. I have been watching quite a few stocks do very well lately, often with the help of an analyst or two. It would be very easy for SYNT to do the same, IMHO.

Cheers,
Bond



To: i_f who wrote (2222)11/25/1998 10:46:00 PM
From: Stephen  Respond to of 2761
 
i. friedman - maybe my previous posts weren't clear. I already have a position that I consider a significant part of my portfolio.

My buying of additional shares therefore, means that they would have to be at the lower end of the current trading range - and given a weaker market, that could be 12.5 or below.

Whilst I believe in this company and management, the sector is weak ... so the stock price is always liable to influences beyond Synt control
.... so if i get more ... fine ... if I don't ... also fine.

As for Mr Bond, it looks like you may have stirred him ... whereas usually he's shaken !!(GG)

Good luck all

Stephen



To: i_f who wrote (2222)11/25/1998 10:46:00 PM
From: P. Ramamoorthy  Respond to of 2761
 
Good post! Mr. Bond is a "veteran" in y2k investment. Ram