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Technology Stocks : Inktomi (INKT)
INKT 13.12-0.8%Nov 14 9:30 AM EST

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To: Millionairess who wrote (1147)4/16/1999 1:38:00 PM
From: Larry Shelor  Read Replies (1) of 1945
 
I noticed this while doing my daily research on INKT. This is a very good indication for some broker upgrades soon.

"They're showing quality results," said James Wade, Internet analyst at BT Alex Brown. "The company is clearly demonstrating that they are the best of breed in search, caching and going forward, its shopping engine."

The results prompted Internet analyst Daniel Rimer at Hambrecht & Quist on Friday to raise Inktomi's fiscal 1999 revenue by 8.9 percent to $62.1million and trimmed annual losses by 4 cents to a negative 39 cents.

cbs.marketwatch.com
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