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To: Logistics who wrote (14886)11/23/1998 10:10:00 AM
From: Rande Is  Read Replies (3) | Respond to of 119973
 
INKT up 6 = CNGR 1.3 mil increase in equity position. Up 30 mil dollars from IPO purchase. CNGR can sell Dec 5.

Again, I would not hold CNGR long as it is a "buy-out" company of oddballs. Car dealers, casinos and other BS companies.

But the CNGR's Inktomi equity position of 222,222 shares simply increases the CNGR cash position upon sale. Short-term looks good.

Rande Is