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To: JF2155 who wrote (8993)7/6/1998 12:46:00 PM
From: umbro  Read Replies (1) | Respond to of 164684
 
INKT update (briefing.com):

Inktomi Corp. (INKT) 60 3/4 +12 3/4: --UPDATE-- Hambrecht & Quist initiates coverage of Internet
cashing software developer with "buy" as company is a key architect for the next wave of Internet growth;
company has signed contracts with leading Internet search engine providers and it newer network cache
software product has already been adopted by AOL; expects company to lose $1.03 a share in FY98 on
revenues of $18.7 mln and lose $0.79 a share in FY99 on revenues of $45.9 mln.....

Make that a 1.2Billion market cap. on sales of 19 mil. .... growing
to a whopping 45.9 mil. in sales in 1998. Breakeven in Year 2000?
And this this a "buy"?