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Technology Stocks : Inktomi (INKT)

INKT 13.36

-2.2%

Nov 7 9:30 AM EST

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To: MileHigh who wrote (165)	7/7/1998 5:14:00 PM
From: shag007	Read Replies (1) of 1945

Alex Brown was also involved in the offering but H & Q also started coverage. RESEARCH ALERT - Inktomi (NASDAQ:INKT) started at buy Reuters, Monday, July 06, 1998 at 13:34 LOS ANGELES, July 6 (Reuters) - Hambrecht & Quist on Monday started coverage of Internet search software provider Inktomi Corp with a buy rating. -- said company could be a key architect for the next wave of Internet growth. -- said Inktomi's software allows multiple computer workstations to work together as one scalable computer, which is the "single most important" element of Internet software. -- said company intents to develope additional applications on top of its proprietary software platform. -- Inktomi shares were up 16-1/2 at 64-1/8 by mid-afternoon. Copyright 1998, Reuters News Service FDA

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