Inktomi (INKT) Message Board

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Technology Stocks : Inktomi (INKT)

INKT 13.12

-0.8%

Nov 14 2:38 PM EST

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To: john davis who wrote (126)	7/2/1998 2:16:00 PM
From: John Wu	Read Replies (1) of 1945

John, What quiet period are you referring to? There is usually a quiet period of 30 days before an earnings release where the company may not comment on its performance, etc for the quarter. It can still announce contracts, deals, etc. at any time. As far as analysts go, you should expect to see coverage of INKT initiated by analysts from the underwriters about 30-40 days after the IPO. The stock should get a decent bump from that. I've followed this stock from day one and have a long position in it. It appears to me that the stock goes down on very low volume and goes up on strong volume. This suggests that some funds (i.e., "strong hands") are taking early positions in INKT (high volume, large block trades suggest fund buying) while retail investors or daytraders (i.e., "weak hands") come in and out of the stock. The chart pattern also shows higher highs and higher lows. The stock is ramping up. Enough about strong and weak hands though. INKT is just waiting to take off. Almost every internet stock has had its day in the sun. Look at DCLK yesterday. All INKT needs is one big announcement and it will fly. Good luck to all. JW

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