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InvestorGuide Daily Administrator |
When Yahoo announced that 40% of its ad revenue came from pure-play internet companies, it was a source of concern, but not a terrible surprise. The question is: Why didn't any of the analysts covering th company ask sooner? (source: Yahoo) http://biz.yahoo.com/rf/001018/n1788570_2.html America Online exceeded Wall Street's projections by a penny Wednesday as the biggest Internet provider reported earnings per share of 14 cents for its September quarter. http://cbs.marketwatch.com/archive/20001018/news/current/aol_earns.htx |
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InvestorGuide Daily Administrator |
In what could become one of the most extensive ties so far between the TV and the Web, Ebay says it's negotiating with major networks and other prospective buyers for a TV show that would presumably let users list and buy the same types of items available on the company's website. (source: The Standard) http://www.thestandard.com/article/display/0,1151,19443,00.html Start-up internet companies are finding themselves strapped for cash in the wake of the dot-com massacre as venture capitalists are loathe to put up the funding. So-called 'vulture capitalists' have been filling the void, but the start-ups must make much greater sacrifices to get their money. (source: MSNBC) http://www.msnbc.com/news/477492.asp In Brief: |
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InvestorGuide Weekly Administrator |
Need some perspective? This columnist reminds us that the Dow is up 28% and the Nasdaq up 81% over the past two years and that these "disappointing" earnings reports are still strong. (source: Forbes) http://forbes.com/2000/10/13/1013topofnews.html Is moving at "Internet Speed" really the best way to build a business? (source: Upside) http://www.upside.com/texis/mvm/richard_brandt?id=39c7d3c90 |
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InvestorGuide Daily Administrator |
Jay Walker's Priceline WebHouse was plagued by glitches and an incredible burn rate. However, the "serial entrepreneur" plans on being back in the start-up game. (source: MSNBC) http://msnbc.com/news/477156.asp The FTC is preparing litigation against the AOL/Time Warner merger, as the two sides have been unable to agree upon the exact language of a guarantee allowing rivals access to the combined company's high-speed Internet service. (source: The Washington Post) |
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InvestorGuide Daily Administrator |
Internet retailer Bluefly said Friday that Soros Private Equity Partners would acquire a controlling interest in the company under a deal to provide $15 million in financing. (source: The Standard) http://www.thestandard.com/article/display/0,1151,19376,00.html According to statistics firm PC Data, the pace of business at the top online retailers in September was virtually unchanged from August, marking the second consecutive month of lackluster activity. The report comes as e-tailers gear up for the holiday selling season, which many observers view as crucial to the long-term health of e-commerce. (source: e-commerce times) http://www.ecommercetimes.com/news/articles2000/001012-3.shtml
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InvestorGuide Daily Administrator |
Yahoo beat Wall Street expectations, but was beat up nonetheless. The investor mood is still ugly, even for leading Internet players. (source: Red Herring) http://redherring.com/investor/2000/1012/inv-yahoo101200.html In Brief: |
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InvestorGuide Daily Administrator |
Those who think a Deutsche Bank's proposed acquisition of NDB will instigate a wave of consolidation among online brokers should think twice. This article asserts NDB is attractive not for its brokerage business, but its market-making business. (source: Red Herring) http://www.redherring.com/investor/2000/1011/inv-brokerage101100.html European regulators have conditionally approved the $125 billion merger of America Online Inc. and Time Warner Inc., removing a major hurdle to the creation of the world's largest media company. The proposed merger partners agreed a package of concessions designed to break AOL's links with Bertelsmann; together, the companies account for one-third of Europe's music business. (source: CNNfn) http://cnnfn.cnn.com/2000/10/11/deals/aol_time/ America Online's stock has traded in a narrow range for the last few months. But with various U.S. and foreign government agencies preparing to make their judgments about the Time Warner merger, is now the time to start thinking about buying AOL stock? (source: Red Herring) http://www.redherring.com/investor/2000/1011/inv-aol101100.html |
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linnch |
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InvestorGuide Daily Administrator |
National Discount Brokers announced this morning that Deutsche Bank has offered to purchase the brokerage for $49 a share, nearly a 100% premium over yesterday's closing price. Deutsche Bank already owns about 16% of NDB through its affiliates. (source: CNNfn) http://cnnfn.cnn.com/2000/10/10/deals/ndb Yahoo has partnered with Net2Phone to provide free voice-activated telephone services. Users will be able to make free PC to telephone calls, and receive email and news over the phone. Yahoo is going up against a number of players in the voice-activated market, including AOL. (source: MarketWatch) http://www2.marketwatch.com/news/story.asp?guid=%7B5BAE27F1%2D0D93%2D4D49%2D98FB%2D59EAD1BFD3C7%7D Upstart PC maker eMachines will be in the Internet appliance business by the end of the month. The company is working with Microsoft to market its monitor-less MSN Companion, which, with a price tag of $349, will target the low-end of the market. (source: ZDNet) http://www.zdnet.com/zdnn/stories/news/0,4586,2638153,00.html Buy at 70, sell at 10 - is that any way to become an Internet millionaire? It is if you’re a "star" stock analyst covering the Web sector (witness some unnamed analysts' coverage of Priceline.com). For brokerages attached to large investment banks, pumping up stocks is big business, and their analysts do the dirty work by touting the stock just about anywhere they can get exposure. Pity the poor investor who takes their advice. (source: MSNBC) http://www.msnbc.com/news/472643.asp Amazon.com has come under fire from every which way, as investors grow weary of the company's absence of profit. In response, the online retailer has surreptitiously been raising book prices. This may seem like a good opportunity for independent booksellers to regain market share – but this columnist says Amazon's strategy is bound to succeed. (source: E-commerce Times) http://www.ecommercetimes.com/news/viewpoint2000/view-001010-1.shtml Yahoo reported third quarter earnings of 13 cents a share excluding one time charges, compared with Wall Street expectations of 12 cents a share. Revenue surged 90 percent to $295.5 million. (source: TheStreet.com) http://www.thestreet.com/tech/internet/1118481.html
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InvestorGuide Daily Administrator |
The EU's executive branch, the European Commission, will rule on the Time Warner-AOL merger on Wednesday of this week. Media sources say it is likely to approve the deal, especially after Time Warner and EMI music group called off their separate merger. (source: CNNfn) http://cnnfn.cnn.com/2000/10/09/deals/aol_timewarner Fending off criticism of Amazon.com's business model, CEO Jeff Bezos says the model works and that his company's offerings will continue to diversify. (source: CNNfn) http://cnnfn.cnn.com/2000/10/09/technology/wires/amazon_wg/ One analyst sees panic selling ahead for internet stocks, the moment when people capitulate and sell their oversold shares. But, there is a reason to believe there will be another internet boom, as the technology creates efficiencies and reduces administrative costs for large companies. (source: MarketWatch) http://cbs.marketwatch.com/archive/20001009/news/current/stwatch.htx |
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InvestorGuide Weekly Administrator |
Despite the media's claims to the contrary, online advertising is alive and well. Here's a primer on the subject. (source: TechWeb) http://www.techweb.com/wire/story/TWB20001005S0008 This columnist says that important lessons can be learned from the monumental failure of ERP vendors. (source: Upside) http://upside.com/Opinion/39c7f4540.html USA Technologies has unveiled its e-Port, an e-commerce device that it says can be attached to vending machines, gas pumps, office equipment and almost any point-of-sale terminal. The technology enables unattended e-commerce transactions when the consumer swipes a credit card. The device supports micro-credit transactions for as low as $1 and has a small video display which can show banner ads. (source: AllNetDevices) http://www.allnetdevices.com/wireless/news/2000/10/06/wireless_vending.html Traditional financial institutions are now enjoying the spoils of the online banking race, while most of their pure-play rivals in the banking sector have fallen by the wayside. (source: Red Herring) http://www.redherring.com/investor/2000/1005/inv-jupiter100500.html About half of all Americans believe that most home mortgages will be handled over the Internet by 2005, and more consumers have become willing to consider applying for a home loan online, according to a survey by mortgage-market giant Fannie Mae. (source: Yahoo) http://dailynews.yahoo.com/h/ap/20001004/tc/mortgages_internet_1.html This is a tale of Wall Street that would be funny if it weren't so sad and typical. It's the story of Salomon Smith Barney analyst Tim Albright and his touting of e-commerce company priceline.com to the bitter end. It could just as well be about dozens of other analysts and well-known firms of the day. http://www.thestreet.com/_yahoo/markets/brettfromson/1114343.html The founders of Kibu.com, realizing that their teen advice and shopping site was going down the tubes, elected to return $22 million of the original investment made by VC firm Kleiner Perkins Caufield & Byers. Does this move signal a new era of dot-coms – a time when they die with dignity? This columnist prays that's not the case. (source: eCommerce Times) http://www.ecommercetimes.com/news/viewpoint2000/view-001006-1.shtml Investors hacked CMGI shares as much as 13 percent on Friday after the internet incubator said it has enough cash to operate for about two years. (source: Reuters) http://news.excite.com/news/r/001006/14/net-tech-cmgi-dc |
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InvestorGuide Daily Administrator |
The end of the year marks the time of tax-loss selling from institutions, yet another source of pressure on these already beaten down markets. This columnist takes a look at what makes a stock suceptible to these institutional sell-offs and some likely candidates. (source: MoneyCentral) http://moneycentral.msn.com/articles/invest/jubak/5811.asp When it comes to assessing the health of In brief: |
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InvestorGuide Daily Administrator |
CEO David Peterschmidt says he wants to make Inktomi as relevant to the Internet as Microsoft and Intel are to the PC. The company's performance over the last 18 months suggests he's doing just that. (source: Forbes.com) http://www.forbes.com/tool/html/00/oct/1005/feat3.htm With the federal government lagging far behind in the technology revolution, some members of Congress suggest hiring an IT czar to shape things up. The title could give someone a killer business card. But who should it be? (source: Business2.0) http://www.business2.com/content/channels/ebusiness/2000/10/05/20351 In Brief: |
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InvestorGuide Daily Administrator |
Internet stock bargains? Are there any? This columnist suggests a few that pass his test. (source: Red Herring) http://redherring.com/investor/2000/1002/inv-focb100200.html Is NTT DoCoMo's partnership with AOL is only a piece of a global play for world domination? (source: Red Herring) http://redherring.com/insider/2000/1004/tech-ww100400.html In brief: |
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InvestorGuide Daily Administrator |
Tellme Networks, a builder of voice-activated applications for use over the phone or on the Internet, has garnered an investment of $125 million, bringing its total to about $240 million. Such a large infusion in today's rather stingy venture capital market signifies significant support for the budding company. (source: TheStandard.com) http://www.thestandard.com/article/display/0,1151,19060,00.html Oracle is one of the few old technology companies that has made a successful transition (so far) to the Internet market. But will the company's Net business be able to outperform the competition? (source: Redherring.com) http://www.redherring.com/investor/2000/1003/inv-oracle100300.html In Brief: |
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