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

To: James Fulop who wrote (46)	6/9/1998 5:33:00 PM
From: Francis Gaskins	Read Replies (2) \| Respond to of 1945

Dear James, The remark IS real. And the other point applies as well. Check it out tomorrow. Best regards, Francis

To: James Fulop who wrote (46)	6/9/1998 10:20:00 PM
From: Francis Gaskins	Read Replies (1) \| Respond to of 1945

"Internet firm Inktomi going public Wednesday" PALO ALTO, Calif., June 9 (Reuters) - Inktomi Corp, which makes a popular software for searching the Internet, is expected to go public on Wednesday. Inktomi shares were priced Tuesday at $18. The company will offer 2.2 million shares through an underwriting team led by Goldman Sachs. San Mateo, Calif.-based Inktomi is increasingly being recognized for delivering the most comprehensive search results on the World Wide Web. It has alliances with several big Internet portal services to provide search technology to their directories. Yahoo! (YHOO - news), the most popular Internet portal, recently selected Inktomi to replace Alta Vista as the search engine underlying its navigational guide. Inktomi is also the search technology behind CNET Inc's (CNWK - news) Snap!, the search service that on Tuesday signed a joint venture agreement with NBC Inc. The company also makes network caching software designed to reduce bottlenecks on the Internet by storing some of the most popular online pages closer to users. It has has compared this system to a local library that spares people long trips to the Library of Congress every time they want to buy a book. Inktomi recently entered two international licensing agrements for the network caching software and says it sees strong demand in Europe and Asia, where bandwidth can cost three to 10 times more than it does in the U.S.