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


To: OtherChap who wrote (80)6/11/1998 9:22:00 AM
From: Wayne Rumball  Respond to of 1945
 
Perhaps you are right, perhaps the company figured they could pull a big one over on everyone by investing 1 million in INTK back in February.



To: OtherChap who wrote (80)6/11/1998 10:13:00 AM
From: mozek  Read Replies (2) | Respond to of 1945
 
OtherChap,
I also questioned the veracity of CNGR's position as well as RJCIII's positive comments on CNGR. After further investigation, it seems that CNGR is for real. If you look up their most recent 8K filing in Edgar, they do, in deed, have 222,222 shares of INKT that they purchased at $1MM. They also seems to have complete, audited, reporting procedures, not what I expected to find and not the profile of a scam. I actually purchased some CNGR and some INKT.

Thanks,
Mike