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Technology Stocks : Inktomi (INKT)
INKT 11.47+2.2%3:58 PM EST
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To: HeatherN who wrote (1376)6/21/1999 7:42:00 PM
From: Brian1970  Read Replies (1) of 1945
 
I would second that, and also point out that from my perspective, there is little rational reason for this stock to move up or down on any particular day. A great announcement comes out about some new search technology, or great new client -- and nothing happens. Or the stock drops, on no news - even though earnings are still proceeding apace. And then buzz starts building, and suddenly we see these huge climbs. I'm starting to think that this is just an example of analysts manipulating a stock for their own ends, with upgrades and downgrades. I hear about that a lot, but now believe I am witnessing it here. I don't care though. I'm holding through thick and thin. With only 30 shares, whatever....
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