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


To: JDN who wrote (2338)1/1/1999 4:25:00 AM
From: R. Bond  Read Replies (3) | Respond to of 2761
 
>>....counting on Y2K then upgrades .....<<

In theory, if SYNT is not connected with the Y2K sector and the sector gets a lift would it not participate? Furthermore, considering all the hype (most yet to come) about drastic cuts in IT budgets due to Y2K, SYNT could conceivably be looking to be in a less healthy environment. No?

In other words, What's wrong with being associated with Y2K at the moment? Anyone who takes 2 seconds to look into the company can see that SYNT is not totally dependent upon it.

This stock could use a lift.

Just rambling,
Bond



To: JDN who wrote (2338)1/2/1999 12:09:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 2761
 
JDN:

Thanks. I'm about to reposition some of my portfolio back into the Y2K sector and wanted a company with limited downside risk. Your comments have helped and I appreciate the help. I was concerned with the drop but I think that can be attributed to the momentum traders moving to other sectors. They're starting to come back but it looks like IMRS has most of their attention.

Tim