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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.70

-1.2%

Nov 14 9:30 AM EST

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To: Tenpole who wrote (8983)	7/6/1998 11:05:00 AM
From: umbro	Read Replies (2) of 164684

INKT is a nice little company, but ... It is even more over-valued than AMZN. Its market cap. just crossed 1 Billion today, on 10 mil. in sales. They sell a back-end search engine, and have essentially no net presence (though they do receive some of their royalties on a per-tick basis). How this company gets a "market perform" rating, I don't understand. Here's what Briefing.com had to say: Inktomi Corp. (INKT) 58 1/8 +10 1/2: Goldman Sachs initiates coverage of software cashing provider with "market outperform" rating; firm was underwriter of June IPO offering priced at $18 a share.... Nice company for the mo-mo players though ... only 2 mil. in float, and since it just went IPO a couple of months ago, it'll be a while before some of the VC and insider shares are sold.

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