SI
SI
discoversearch

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 12.83-2.0%Dec 10 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tipper68 who wrote (595)12/8/1998 3:32:00 PM
From: LLCoolG  Read Replies (2) of 1945
 
Tipper,

Gee, I would think that my "advice" showed 4 points which I based my opinion. All you have babbled about, with poor grammar I might add, it how insiders sold 2.7M shares, and how the lockup is almost over.

Why would people spend $420MM on this stock so close to these "unlocks"? Look at others companies with small floats. Insiders usually have to sell in order to increase institutional holdings. Besides, if INKT is going to split on the next report, as it is widely expected to do, then no insiders will be dumping stock before then. Want to look at a similar situation? Look at PRGN last November. That certainly worked out well for this idea.

Your problem is that you don't understand what to even look for. Is this a classic fundamental play? Certainly not. But there are many reasons why this stock will most likely be well above her, and 137, in a year. If I get a trade out of it, so be it. But master the art of eloquent writing and coherent, orderly thought before you blather on about what my opinion is and how I ride bandwagons.

Enjoying my 8 points in one day and my Buccaneers' victory,

G
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext