SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?


To: LLCoolG who wrote (587)12/7/1998 4:14:00 PM
From: G S Puterbaugh  Respond to of 1945
 
Well, you pays your money and you takes your choice!
I see a stock falling like a stone, with 3.5
million shares potentially hitting the market
tomorrow, raising the float from 6m to 9.5m shares,
and.. I just get that uneasy feeling! :-0



To: LLCoolG who wrote (587)12/7/1998 4:41:00 PM
From: G S Puterbaugh  Read Replies (1) | Respond to of 1945
 
LLCoolG --

There's something you say that I don't get.
Or at least you seem to say it.

"If the INKT stock price goes below 110,
that means the company will go out of business."

How do you deduce that? The stock price has
no effect on the revenues or profitability of
the company. Believe me, the stock price can
go to $2.75 and INKT will still be in business.
They'll just adopt a poison pill.

Been there, done that.

Geoff



To: LLCoolG who wrote (587)12/8/1998 10:35:00 AM
From: Tipper68  Read Replies (1) | Respond to of 1945
 
LLCoolG I am marvelled by your investing advice you had the opportunity to sell at 150 when I told you it was going back below 100 but you said you didn't care if it did I think most investors that lost 50% in this stock over the last 2 weeks (like yourself)should think long and hard before their next investment. It was so obvious it was going to go down. Then to say you bought more shares yesterday just prior to millions of shares becoming free trading I question your investing strategy it is like no other I have ever seen you would probably have better luck in Vegas.

Par, I would wait at the very least a couple of weeks before getting into this one. It will be at buy levels soon.