Binyamin Dissen has already made the crucial point: LINK[X] specifies a name 
(or alias); SYNCH[X] specifies an address.  
 
An apparently not quite obvious corollary of this distinction is that LINK[X] 
makes a LOAD[X] available under the hood/bonnet; SYNCH[X] does not.  The exit 
routine nominated in a SYNCH[X] macro instruction must already be present in 
virtual storage.  The load module or program object nominated in a LINK[X] 
macro instruction need not be.  (A copy known to be present will, of course, be 
used if it is refreshable or reentrant.)
 
John Gilmore Ashland, MA 01721-1817 USA                                         
  
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