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


To: Jibacoa who wrote (1909)3/27/2001 10:14:23 PM
From: Jibacoa  Read Replies (1) | Respond to of 1945
 
INKT looks cheap on a daily chart.

siliconinvestor.com

But there doesn't seem to be an end in sight to the persistent insider selling that has been going on uninterrupted since last April.

Insiders reportedly have sold 301,000 shares in the last 6 months and institutions 6,590,000 in the last reported Q. <g>

It is still profitable for them to sell at present price if they can exercise options at 80 cents per share, and besides making a profit they can keep the price low enough in order to have new options issued to them at a good price.<g>

biz.yahoo.com

Bernard