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Technology Stocks : Inktomi (INKT)
INKT 11.17+0.3%Nov 26 3:59 PM EST
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To: Thomas Haegin who wrote (1737)6/26/2000 10:09:00 PM
From: Ibexx  Read Replies (1) of 1945
 
Thread,

Prudential reiterated STRONG BUY rating on INKT and set the target price at $200.

In the research paper it was also mentioned that INKT had lost, and later regained, major customers before; ie. MSN once replaced INKT with AltaVista, but later kicked out AV and took INKT back in. On top of that, YHOO only accounted for 2% of total revenue. No big deal.

Ibexx
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