SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (1807)11/25/2000 10:17:17 AM
From: Stan V.  Read Replies (1) | Respond to of 1945
 
My take on INKT is that it is getting hit for its investments in other internet start-ups along with the likes of CMGI. INKT has a lot of investments in the future and the market is in the middle of a sector sell-off. The bubble is still bursting. Welcome to the bear market, the world of short selling.
When you look at the long term for INKT this is a good price. This bunk about growth concerns is just an excuse to support the analysts' sector view. They will be the first ones collecting it and then touting it before the next earnings release. Of course, revaluation is perfectly justified and overdue. While INKT is growing earnings they are still in the red.