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


To: Millionairess who wrote (637)12/29/1998 6:53:00 PM
From: Moose  Respond to of 1945
 
The INTC sell news came out yesterday after close - I suspect insiders started selling early - today was just a follow through. It's unclear what percentage 21k shares represents of Intel's entire INKT holding. It may be chicken scratch - then again, who cares if INTC sells everything? Consider why INTC may have invested in the first place - was it to get rich off of INKT shares? I don't think so.

-Moose



To: Millionairess who wrote (637)12/29/1998 7:46:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 1945
 
the intc news was announced after hours.....inkt traded up 10 points until the intc news then it fell over 8%