America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Martin Milani who wrote (35831)	12/23/1999 2:11:00 PM
From: TARADO96	Read Replies (1) of 41369

On December 14, I posted this: <<About40 days ago, Blodgett downgraded INKT because of "valuation" concerns. INKT dropped from 120 to 95 in a few days, just to rebound to 172 as of this post. I would not pay much attention to him.>> Today, December 23, Mr. Blodgett upgraded INKT: 08:22 ET Inktomi (INKT) 176 1/2: Merrill Lynch's, Henry Blodget, upgrades from "neutral" to "accumulate" and raises target price to $225 saying INKT is trading at a discount to leading infrastructure companies with similar revenue growth rates. AOL longs, don't worry, this clown may just get around to upgrade AOL a week before earnings. That would surprise me like none! Stay the course, and don't let the shorts and the MM's steal your shares. John

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