Inktomi (INKT) Message Board

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Technology Stocks : Inktomi (INKT)

INKT 13.81

-0.1%

Nov 11 3:59 PM EST

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To: Slick who wrote (1101)	4/14/1999 9:06:00 PM
From: John Stockman	Read Replies (4) of 1945

Slick, I agree with your analogy totally. Now that the mystique of a bull run lasting through summer is fading, reality is just about here for the internet stocks. Blood red negative signs almost anywhere you looked. Take a look at what inkie did the last few days. It opened at the start of the day, way above the closing price of the day before, but the price faded very fast after that. For some reason people are buying it at the very end of the day. Perhaps the shorts closing out their positions? Today's volume wasn't too impressive either. OK, earnings announcement comes next. Anybody want to guess what will happen to this stock then?

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