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Technology Stocks : Inktomi (INKT)
INKT 11.93-2.6%3:59 PM EST

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To: Randy C. who wrote (259)8/10/1998 1:30:00 PM
From: Slick  Read Replies (1) of 1945
 
Dear investors:

Panic signals in the air??

Looks like "irrational exuberance" again for INKT today. Stock is climbing a wall of worry in the face of a thin rally with lots of churning (reliable sign of approaching bear): only internet and some financial sector plays seem to be profitable. Even other internet stocks don't have the snap they once had.

The chill fall winds are approaching, the summer rally will be brief.

I, for one, am getting out while the going is still good and the fruit is still on the vine. After this rally cash will be king.
Like in a giant game of musical chairs, when the music stops playing the laggards will be out in the cold.

Happy investing.......Slick
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