Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LWolf who wrote (1070)	4/10/1999 8:52:00 PM
From: Craig A	Read Replies (4) \| Respond to of 1945

thestandard.com

To: LWolf who wrote (1070)	4/11/1999 10:16:00 AM
From: Slick	Read Replies (1) \| Respond to of 1945

Laura: You are so right! <<I think a lot of people are underestimating the power of the fund managers right now.....>> This is certainly true. I would add other institutional investors here (pension fund managers particularly). In essence, one of the paradigms of the new economy is that the savings rate is actually high, contrary to what the government and everyone says: the new savings account is called 401(k), 403(b), Roth IRA etc etc.... Instead of going into banks and the capital markets, this cash provides the liquidity driving the bull market. The fund managers are the power-brokers right now as you said. <<Last fall, only 'speculators' were willing to put their money in the net companies... Today, funds and folks looking for real growth are putting their money here....they can't not!>> I agree!!!! I bought Netscape after the IPO in '94. People thought I was a gambler. Made me some cash betting both ways, though. Back then the internet (remember the "I-way"? :-)) seemed a bit like the Mac first looked to serious business-types back in th early '80's: a toy. Now the Biz-types see big bucks to be made from the net and the gold-rush is on. But now I perceive a new twist: as you pointed out there is actually a "value-investing" play on stocks like INKT. Growth in the web and e-commerce is dependant on infrastructure technology that INKT provides. INKT seems to be hitting the nail square on the head by developing commerce engines, search and bandwith engines. BTW good article covering INKT: thestandard.com