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Technology Stocks : Inktomi (INKT)
INKT 13.12-0.8%2:38 PM EST

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To: John Wu who wrote (156)7/7/1998 10:30:00 AM
From: Randy C.  Read Replies (2) of 1945
 
He (The CEO) said they expect to be profitable in late 1999. He also affirmed that the business model for the search engine technology is per-use licensing; meaning every time someone uses the Yahoo search engine, the "cash register rings" for Inktomi. He mentioned Yahoo! specifically a few times. He noted that there are high barriers to entry and that INKT's 3 years of funding by the government plus 2 1/2 years of their own research has given them a big lead on the competition. He attributed the stocks recent market surge to the acknowledgement (by the market) of the high barriers to entry. He also mentioned that the company employs 16 Phd.s when speaking of the research that has gone into the technology.
Hope this helps, it was a pretty short interview - these were the highlights as I saw them.
- Randy
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