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

To: MileHigh who wrote (267)	8/18/1998 6:49:00 PM
From: charger	Respond to of 1945

I bailed last week at 60 and thought I was doing well! I really like this company but the float is so thin that it makes trading dangerous. After missing the first move in early July I kept trying to pick a bottom on the way down and was lucky enough to grab some at 45, but eventually lost my nerve last week. It will be interesting to see what happens when the lockup period ends. Hopefully that will provide some much needed liquidity...this stock moves a great deal on very thin volume. Should do well in a strong market and vice versa...there's a gap in the chart now, so don't worry, it'll come back. It might go to 90 first though!

To: MileHigh who wrote (267)	8/18/1998 9:08:00 PM
From: Sepster	Read Replies (1) \| Respond to of 1945

I have not found any news. Volume was lower than average. Every time INKT has shot up, it has taken a dip soon after. However, overall stock has continued to increase. I have equal positions in RMBS and INKT. After all the hype by REH this weekend I was tempted to move more to RMBS but decided to stay the course. Glad I did. I think these two stocks are similar in potential. I will be interesting to see how they do after they start reporting positive earnings. Sepster