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


To: IMPRISTlNE who wrote (238)7/28/1998 1:21:00 PM
From: UFGator93  Read Replies (1) | Respond to of 1945
 
My opinion is that not only will it fill the gap, it will continue to go lower. When you compare this stock's fundamentals to others that are trading at similar prices, you see quite a poor comparison. I thought EGGS was over-valued and was short it until today. However, it lost about the same as INKT on a per-share basis but is priced at 19 to INKT's 56. Also, EGGS (and other stocks with similarly poor per-share earnings as INKT) has much higher revenue than INKT.

I won't disagree that INKT may have a bright future as a company in the long term. However, in the short term they need to increase revenues greatly just to be in-line with other already overvalued stocks with a much lower stock price.