rcjordan - 3:43 pm on Jul 22, 2000 (gmt 0)
Inktomi Is an Excellent Firm with Exorbitant (Stock) Price [biz.yahoo.com]
600 P/E ratio!!! YEOW!
Despite great quarterly results overall, Inktomi's stock price leaves tremendous downside risk. The shares certainly look more
attractive after dropping 46% from their March peak. But (still) trading around 600 times 2001 earnings and nearly 85 times sales, the stock's valuation is frothy by any measure.