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To: Tenpole who wrote (8983)7/6/1998 11:05:00 AM
From: umbro  Read Replies (2) | Respond to of 164684
 
INKT is a nice little company, but ...

It is even more over-valued than AMZN. Its market cap. just crossed
1 Billion today, on 10 mil. in sales. They sell a back-end search
engine, and have essentially no net presence (though they do receive
some of their royalties on a per-tick basis). How this company
gets a "market perform" rating, I don't understand. Here's what
Briefing.com had to say:

Inktomi Corp. (INKT) 58 1/8 +10 1/2: Goldman Sachs initiates coverage of software cashing provider with
"market outperform" rating; firm was underwriter of June IPO offering priced at $18 a share....

Nice company for the mo-mo players though ... only 2 mil. in float,
and since it just went IPO a couple of months ago, it'll be a while
before some of the VC and insider shares are sold.