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

To: John Stockman who wrote (1104)	4/15/1999 3:19:00 PM
From: Millionairess	Read Replies (2) \| Respond to of 1945

excerpt from james cramer thestreet.com re: internets today "And, amazingly, some things are still working. Stinktomi's (INKT:Nasdaq) CEO will be on CNBC's "Squawk" tomorrow, it was just announced, and the stock immediately jumped 4 points."

To: John Stockman who wrote (1104)	4/15/1999 9:16:00 PM
From: John Stockman	Read Replies (2) \| Respond to of 1945

Well, would you take a look at that. It appears that INKT has another huge loss for the quarter. Did anyone notice that the actual loss would have been ($5.475) Million instead of ($4.876), if it wasn't for a large interest income they had for the quarter. The total six month loss was also greater than last years. All of this is occurring with some good increases in revenue. Looks like their sales and marketing team is eating up all of the revenues coming in. You'll see these same figures occurring for many quarters to come. If you haven't seen it, Microsoft has stated they don't need Inktomi come this summer, and a large amount of competitors are entering INKT's business. This does not bode well for INKT, and hopefully investors will realize that the Market Cap of $6 Billion for this company is no bargain. I hate to see any stock price fall on any company, but since I'm short here, the more it falls the better it is for me. Just warning other investors to not waste their money.

To: John Stockman who wrote (1104)	4/19/1999 8:27:00 PM
From: John Stockman	Read Replies (3) \| Respond to of 1945

I told you so, but nobody believed me. These overvalued internet stocks are finally falling to pieces. Hate to blow my own horn, but I told you so. Now we will probably have lots of "investors" (really gamblers) suggest to buy now since the price is lower. We might even see a jump in the price for awhile, but in the end, things do not look good. The smart ones already sold their shares, and others are praying that the price goes up and that their margins don't get called. When the stampede starts, all hell breaks loose. Now be honest with me. Did anyone here buy in the 150's just a few weeks back? Did you also think it was going to continue going up from there? Do you think it is going to go past 100 by the end of the week? Hate to rub it in, but I love making money on the shortcomings of ill advised "investors". Forever short on this one.