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

To: UFGator93 who wrote (240)7/30/1998 5:28:00 PM
From: John Wu  Read Replies (1) | Respond to of 1945
 
No news on INKT. It's up because the entire market is up, particularly internet stocks. There could be some short covering, an oversold bounce, a technical rally, etc. I don't know how long this will last. When a stock like this goes up so much on low volume, it means that the selling is done (for now). If some buyers come in, then it could really go up. Who knows though. It could be a sucker's rally. We won't know until it happens.

JW


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