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

To: greentree who wrote (115)	6/26/1998 2:48:00 PM
From: shag007	Read Replies (1) \| Respond to of 1945

I disagree that the company got "royally screwed." No matter how you look at it it's speculation. Management is conservative and I like that. Also, close to 400 million valuation was by no means an incompetence on the part of the underwriters or the company. You want a successful IPO to keep investors interested, not a $40 IPO that goes public and then hover's a little above and below that price. $30 million less for the company when it is now valued at close to 1 billion is not much to pay for investor confidence, especially the institutions. FDA