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: Choate who wrote (1159)	4/17/1999 11:59:00 PM
From: John Stockman	Read Replies (5) of 1945

I love to watch the hype stories posted on this board. If INKT had any monopoly on this technology there would be no competitive worries, however competition is inevitable. You will continue to see many more negative earnings in the coming quarters and years for INKT, and there will never be enough sales to make up for their shortcoming. Even if INKT tries to keep out the competitors with new innovations, there will be some massive R&D expenditures, and even larger sales and marketing expenses which we've seen from their recent earnings reports. There can be only one logical explanation for these "strong buy" recommendations. This stock is being manipulated, utterly. There is no reason for a market cap of $6 Billion dollars for a company quarterly sales of only $14 million per quarter. Four down days in a row. Can we make it 5 or 6 days? Is anyone willing to buy at the start of the day where it has always opened way higher, and then ended much lower in the day? Forever Short on this one.

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