Inktomi (INKT) Message Board

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Technology Stocks : Inktomi (INKT)

INKT 13.12

-0.8%

Nov 14 9:30 AM EST

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To: John Stockman who wrote (1061)	4/10/1999 12:19:00 AM
From: LLCoolG	Read Replies (1) of 1945

John, Very smart move. I am sure that these internet stocks will decline so much that people who have been long them will lose everything and be upset. For example, my basis for AOL is 17. Yep, I bet when the "crash" occurs, that AOL will be valued under 17. I own RealNetworks at 50. I am sure that after the split, the stock will trade down below 25 when the "crash" occurs. We have seen this song and dance before. Many people own INKT at 35 or less, where the stock traded as recently as October. Somehow, even in a major correction, I doubt INKT's market cap goes to a level below that. I am just sorry that I sold my shares in this stock at 63 (on Harmon's BS) and the rest at 80. Congrats to Craig A and M, and I am sure that they will continue onwards from here with the likes of bright folks like you shorting the stock. Lok sjust like it did when this stock was at 55 (110) in January--those people were probably jumping from windows like you will be soon. G

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