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

To: cockyg who wrote (881)	2/18/1999 12:18:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 1945

<<what kind of effect do you think options expiration will have on inkt tomorrow?>> Dunno. By far the highest OI on the calls is at $67.50 with 2236 contracts, too way out of the money to be relevant. Similar story with the puts. And the OI on the other strikes just isn't big enough to play much of a role, IMO. <<What is your best guess for the bottom in the upcoming week?>> Well, $52-ish is where I've set my sights. If we break that in any significant way it's really big trouble and I'll think about selling. We've bounced off there several times; just a point or so below that sits the lower bollinger band (20 period) which also reinforces that area. <<I'm praying for a recovery. >> Shouldn't be any need for that. ;-) Anaxagoras