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Technology Stocks : Inktomi (INKT)

INKT 11.02

+0.4%

3:59 PM EST

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To: Craig A who wrote (821)	2/11/1999 9:30:00 PM
From: StockMarketMaven	Read Replies (1) of 1945

From TheStreet.Com Inktomi Aims High Inktomi (INKT:Nasdaq) CEO David Peterschmidt couldn't have been clearer in his Wednesday presentation. Maybe you think America Online (AOL:NYSE) is synonymous with the Internet; maybe you think Yahoo! (YHOO:Nasdaq) is synonymous with it. Peterschmidt's goal is obviously to make you think of Inktomi as the stock in your portfolio that's indexed to the Internet's growth. "This will become one of the defining software architectures of the Internet," Peterschmidt said. "We're the infrastructure guys." Long thought of as only a search engine company, Inktomi wants to use its proprietary technology to improve the efficiency of networks. One area of growth: video caching, which makes it possible for greater numbers of people to watch the same video stream simultaneously during Web broadcasts. Many people complained that they could not log on to watch the Victoria's Secret live underwear fashion show. Not so with Inktomi technology, according to Peterschmidt. "If this had been running on this architecture, you would not have seen this happen," he said.

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