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

To: UFGator93 who wrote (246)	8/6/1998 9:23:00 AM
From: charger	Read Replies (1) \| Respond to of 1945

<Yeah right> I said the same thing about YHOO, AMZN and all the others about a year ago...now look.

To: UFGator93 who wrote (246)	8/6/1998 9:50:00 AM
From: Randy C.	Read Replies (2) \| Respond to of 1945

<<I closed my short position at 45-44 yesterday>> Nice trade Damon. I know you've been short since 70+. I like this company a lot and would not short it with its tiny float. I'm tempted to re-enter it as a long here in the 40's but I want to see the downside momentum subside first. In terms of valuation, at $45/share INKT is at around a $900 million market cap. With forward sales of say 35 million (around 30% sequentially), we're still looking at a stock trading at over 25 times forward sales... Does anyone have any analyst numbers for expected revenue growth? I just pulled these out of thin air. - Randy