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Technology Stocks : Inktomi (INKT)
INKT 11.14+1.0%Nov 25 3:59 PM EST

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To: shag007 who wrote (1289)5/19/1999 12:47:00 AM
From: KENNETH DOAN  Read Replies (1) of 1945
 
Fourth Product Line To Be Announced in Third Quarter

CEO Peterschmidt recently hinted at a new software application to be unveiled towards the end of the company's third quarter. He expects the new product to begin generating revenue by the fourth quarter. Peterschmidt described the technology as "complimentary to its search and shopping engines" and that it would be folded into its portal services side of its business. This should serve as a potent catalyst for further stock appreciation.
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