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


To: Stephen who wrote (2500)4/5/1999 7:57:00 AM
From: JDN  Read Replies (1) | Respond to of 2761
 
Dear Stephan: Here is a snippet of an interview I read this weekend. Might happen to SYNT at these prices. JDN

And Eveillard of Societe Generale said things were so out of whack that companies might take matters into their own hands. He predicted that a wave of corporate arbitrage -- in which large growth companies buy smaller value companies by trading their own richly valued stock for the lower-valued shares -- might soon wash through the markets. The big companies could add to their per-share earnings even while paying huge premiums.