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Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?


To: LOGAN12 who wrote (1375)6/21/1999 5:40:00 PM
From: HeatherN  Read Replies (2) | Respond to of 1945
 
LOGAN12,
INKT has had a tremendous run up over the last trading week including +18 on a single day. As the overall internet sector goes from a little fire here and there to a raging inferno, this most likely attracts the momentum money to other places. Also, volume was 1/2 of what it has been on the days with the largest gains. While this is bullish overall, we must expect some consolidation in the very near term. INKT has a very volatile trading pattern. I suspect this will even out a bit as revenues increase and the scope their products is more widely understood. Until then, I hold some, trade some. For now I'm still maintaining all my shares.

HeatherN