Inktomi (INKT) Message Board

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Technology Stocks : Inktomi (INKT)

INKT 10.56

-2.9%

Nov 21 9:30 AM EST

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To: greentree who wrote (120)	6/29/1998 1:45:00 PM
From: shag007	Read Replies (1) of 1945

No I do not work for Goldman Sachs. I think we can agree to disagree on this matter. I will leave out the nuts and lunch money remarks. My points are, 1- A $370 million valuation on a two year old company doesn't sound to me like it was obvious they would get more. 2- They only gave up a total of 11% of their equity on the offering. 3- Maybe the market has jumped the gun by giving it close to a one billion market cap. 4- Had they tried to give it a one billion market cap from the start they may have not had a successful offering. Remember that the market was very weak those days. If you feel very strongly about this matter (and I understand your points) then you should write the company and try to enlighten them. Maybe they will decide to take action. Regards, FDA

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