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


To: Randy C. who wrote (157)7/7/1998 10:42:00 AM
From: Jerome Wittamer  Respond to of 1945
 
Thanks a lot Randy for the useful information.

Did you see how the stock surged at the open to 89 1/8 and then dropped like crazy to where is currently trades (71). I had to constantly update the figure in () since I begun writing this message it dropped from 74 to almost 70...

It seems to be acting in sympathy with other fellow internet stocks such as YHOO LCOS AMZN, ...

Wow I almost got in earlier this morning. Seems to be interesting to buy on the dip later in the day.

The summer rally is only beginning.



To: Randy C. who wrote (157)7/9/1998 12:30:00 AM
From: Randy C.  Read Replies (1) | Respond to of 1945
 
We're obviously looking at a strong opening tomorrow given YHOO's earnings... question is, can we sustain a rally from these levels? I think we may see an open of 77-78 and a 4-5 point rally from there. After that, who knows. Its hard for me to fathom the internet sector not correcting at this point, but I've felt that way for awhile now. I think I'll be going long INKT in the morning. I've been impressed by their staying power here in the 70's, given the volatile climate of the internet sector the last couple of days. Yahoo! showed no signs of slowdown & this bodes very well for INKT.