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

To: buckeye3d who wrote (747)	1/26/1999 10:15:00 AM
From: 16yearcycle	Read Replies (1) \| Respond to of 1945

I am surprised it is over 100 with news like this. If I had any I would walk away now.

To: buckeye3d who wrote (747)	1/26/1999 10:15:00 AM
From: Craig A	Respond to of 1945

SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 26, 1999--Following today's announcement of a joint licensing agreement between Microsoft and Compaq Computer, Inktomi (Nasdaq: INKT - news) and Microsoft today stated that MSN will phase out the Inktomi Search Engine as its primary search platform. Both companies have valued the partnership and look forward to determining ways to work together in the future. ''Inktomi has a quality search product and we have been pleased with the level of service provided and our partnership. MSN continues to value the relationship we have with Inktomi and we look forward to ways we can work together in the future,'' said Laura Jennings, vice president of MSN. ''While we are disappointed with events today, we hope that Inktomi and Microsoft will find new ways to work together across our product lines,'' said David Peterschmidt, president and CEO of Inktomi. Based in San Mateo, Calif., Inktomi (pronounced INK tuh me), develops and markets scalable software designed for the world's largest Internet infrastructure and media companies. Inktomi's products include the world's largest search engines, online comparison shopping solutions, and carrier-class network cache software. Inktomi works with leading companies including America Online, @Home Network, CNET, GeoCities, Intel, RealNetworks, Sun Microsystems and Yahoo!. The company has offices in North America, Europe and Asia. For more information, visit www.inktomi.com.