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


To: John Stockman who wrote (1174)4/19/1999 8:51:00 PM
From: LLCoolG  Read Replies (2) | Respond to of 1945
 
Yeah, John, you are a regular Kreskin. You forget a few things, though, clouded by your delusions of grandeur:

Most people on this board own this stock at well under 60. While nobody likes drops like this, people who play Net stocks can never discount a 30-50% correction.

This stock was "stuck" at 60 for a while, as recently as early March. I bet if you asked everyone who held then if 96 by April 20 would be good, they would have agreed.

Congratulations, you made money for now on your short. No different than the equity longs had a week ago. Nobody here cares. You are a legend in your own mind. For all your accusations of hype, you don't provide much in the way of food for thought.

You still have not accounted for the potential for another massive run, based even purely on market psychology or "hype" as you cynics love to whine about during bullish runs, when the shopping engine is unveiled. If the money is flowing into the Nets again when this occurs in June, this stock will roar well past its old highs.

I certainly would not be selling this stock if I owned it here. You really think this is the end, the apocalypse? The money will be back--this cycle has happened 3-4 times since September. Nobody can time the market or these corrections, except you of course. The big joke is, however, that no matter how well you do, you gain 100% - margin costs. Many longs can make, already have made, and probably will make well over this return.

G



To: John Stockman who wrote (1174)4/19/1999 11:34:00 PM
From: LWolf  Respond to of 1945
 
John... there is something about the way you present yourself and your accomplishments that's very.......ummmmm..... arrogant and pompous (for lack of better words).

.... is that how you think of yourself? It's certainly the way you come across.



To: John Stockman who wrote (1174)4/20/1999 12:29:00 AM
From: PAR  Read Replies (1) | Respond to of 1945
 
John,

do yourself a favor and look at the little numbers below this screen that says 52 week low and high. Now add these numbers and divide by two to get the average. You should (and I believe you will) get 87.25. So we are trading a little higher than average for the year.

Now do us a favor and take your wisdom to other threads where their stocks are trading well below the average for the year. I feel they will be more appreciative of your fatuous comments.