Inktomi (INKT) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Inktomi (INKT)

INKT 12.56

-1.1%

Jan 28 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: UFGator93 who wrote (246)	8/6/1998 9:50:00 AM
From: Randy C.	Read Replies (2) of 1945

<<I closed my short position at 45-44 yesterday>> Nice trade Damon. I know you've been short since 70+. I like this company a lot and would not short it with its tiny float. I'm tempted to re-enter it as a long here in the 40's but I want to see the downside momentum subside first. In terms of valuation, at $45/share INKT is at around a $900 million market cap. With forward sales of say 35 million (around 30% sequentially), we're still looking at a stock trading at over 25 times forward sales... Does anyone have any analyst numbers for expected revenue growth? I just pulled these out of thin air. - Randy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next