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


To: Anaxagoras who wrote (917)2/19/1999 10:52:00 PM
From: charger  Read Replies (2) | Respond to of 1945
 
The thing all you women have got to remember next time the market makers shake the tree is that even if you buy at a high price, more than likely the price will be 5 times higher in a couple of years. Unless a new technology comes along to derail INKT, this company will dominate its space or get bought out. Yes, the valuation is insane right now, but unlike most other internet branded companies, you are buying core internet infrastructure...not a brand in a sea of dot com names. While a few brands will survive and dominate, such as YHOO and AOL, there aren't many safe, "cheap" alternative winners.

I said it this summer and I'll say it again...trading this stock is next to impossible...this is one of the most volatile issues I've ever seen. You must choose to stash it away for the full monty or get whiplashed to death. Nuf said...
Long and strong.



To: Anaxagoras who wrote (917)2/22/1999 7:15:00 PM
From: Anaxagoras  Read Replies (2) | Respond to of 1945
 
<<We'll need confirmation on Monday to develop it into a more reliable Three Inside Up pattern.>>

Ha! We got it! (Don't ya jist love it when someone quotes himself?)

Very nice day today on volume that was 149% of average on a significant % gain. Heck, we even closed above the 100 DEMA which has a minor bit of interest insofar as that's the spot the lower shadow of the late December hammer bounced; IOW, that was support, and then became resistance (polarity principle), but we closed above it today.

The next trouble area to close above is the $64 area where the 50 DEMA sits, and $65 which is 50% penetration into the long black candle we put in last week on the 16th. We can mess around in the low $60s for a while, cuz it's an uphill battle above that, IMO. $70 is an obvious problem, but then there's nothing special that I see until the upper $80s.

Anaxagoras