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


To: Craig A who wrote (1008)3/25/1999 7:06:00 PM
From: Brian1970  Read Replies (1) | Respond to of 1945
 
Read the news releases. INKT's search software is going to be used by 8 new internet concerns. Also, it should make sense by now that people are addicted to daytrading. I don't think most of you (not you in particular, but "you" in the general sense) out there are capable of just buying into a good company and letting your investment grow. You have to feel like you're DOING something - like you have some CONTROL over your destiny (which, by the way, you don't)... Therefore, on a day when nothing else strikes your fancy, you'll buy INKT. And when you see it rising on CNBC or Ragingbull, you'll buy more. Like lemmings.... In my view, that's why INKT rises 7 points in one day like this, and why it falls X points on another day, when someone sneezes on CNBC...