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


To: Elmer who wrote (982)3/17/1999 3:57:00 PM
From: Craig A  Respond to of 1945
 
Dave,
That is what I have assumed or, perhaps more so, hoped.
The volatility of the stock, however, created a bit of anxiety for a lot of investors who, like myself, reacted foolishly to an inappropriately placed comment. Another good learning experience. I'll enjoy the run of my remaining shares with you folks.
That darn 30 day rule, though........



To: Elmer who wrote (982)3/17/1999 6:45:00 PM
From: LLCoolG  Read Replies (1) | Respond to of 1945
 
David,

It would have a tremendous impact if YHOO dropped them. The stock would see the 40's.

Look what happened when MSFT dropped them and Wired cut back their dependence on them. The stock went from a solid 80 to 52.

I would not say that the stock would be dead meat if this were to happen. Over time, it would recorrect itself to reflect what you wrote about. However, YHOO dopping INKT in the next month or two would be devestating for quite a while.

If the other two incidents did not occur, INKT is easily 120-140 right now. All the other infrasturcture plays, such as DCLK, EXDS, and even RNWK were well behind INKT in January, and now far exceed it.

Take care!

G