Backsliding, But Just A Bit
Internet StockTracker divides more than 350 publicly traded 'Net companies into 12 different sectors (with a 13th coming soon). Data includes average gains and losses for each Internet sector, as well as the performance of individual 'Net stocks over the past week, month and year to date.
Because of the lengthy download time required, we can't publish the full version of Internet StockTracker online. Instead, we will rotate sectors each week in groups of four or six. However, you can get the full Internet StockTracker delivered to you as a free weekly e-mail newsletter. Click here for more details.
For more information about the Internet sectors visit the Internet Stock List and select an internet.com index.
The raw numbers are as follows: 136 gainers, 230 losers, and 13 companies treading water. Those are the results of this week's Internet stock market activity. A disappointment after last week's double-digit run-up across all sectors, but not exactly a margin-call situation. And we all know by now what those are like. As expected, many of the top gainers from last week ended up losing ground this week because their advances were due more to shares bouncing off new lows than any renewed investor interest. That means a lot of momentum players looking for a quick score and then dumping shares back onto the market. Investors continue to cast a wary eye toward the Federal Reserve, waiting to see if another interest-rate hike is in the offing. Until we find out later this month, I expect the market to remain somewhat unsettled and directionless. If this were a poker game, I'd check.
|
PERFORMANCE BY SECTOR |
|
|
Performance Software |
3.3% |
|
ISPs/Access Providers |
3.1% |
|
Security |
1.5% |
|
E-Commerce Enablers |
1.0% |
|
Speed/Bandwidth |
-0.1% |
|
Consultants/Designers |
-0.9% |
|
Internet Services |
-2.3% |
|
E-tailers |
-2.5% |
|
Content/Communities |
-2.8% |
|
Advertising/Marketing |
-3.9% |
|
Financial Services |
-5.2% |
|
Search/Portals |
-7.1% |
TOP 10 GAINERS
|
Symbol |
Company |
% Gain |
Sector |
|
ZIPL |
Ziplink |
74.5% |
ISPs/Access Providers |
|
BIZZ |
Biznessonline.com |
72.4% |
ISPs/Access Providers |
|
CHRD |
Chordiant Software |
61.5% |
Internet Services |
|
EMBT |
Embarcadero |
55.3% |
Performance Software |
|
IBAS |
iBasis |
49.7% |
Internet Services |
|
FVCX |
FVC.com |
46.2% |
Performance Software |
|
LNTE |
Lante |
43.5% |
Consultants/Designers |
|
ONEM |
OneMain.com |
40.6% |
ISPs/Access Providers |
|
ETIN |
Etinuum |
39.4% |
Internet Services |
|
SABA |
Saba Software |
39.3% |
E-commerce Enablers |
|
NTCR |
NetCreations |
39.3% |
Advertising/Marketing |
TOP 10 LOSERS
|
Symbol |
Company |
% Loss |
Sector |
|
SALN |
Salon.com |
-32.4% |
Content/Communities |
|
ITXC |
ITXC |
-29.9% |
Internet Services |
|
DRIV |
Digital River |
-28.7% |
E-commerce Enablers |
|
PCNTF |
Pacific Internet |
-24.3% |
ISPs/Access Providers |
|
MDLI |
MedicaLogic |
-24.0% |
Internet Services |
|
AVEA |
Avenue A |
-23.2% |
Advertising/Marketing |
|
QSFT |
Quest Software |
-23.1% |
E-commerce Enablers |
|
NBCI |
NBC Internet |
-23.0% |
Content/Communities |
|
AHWY |
audiohighway.com |
-22.9% |
E-tailers |
|
JWEB |
Juno Online Services |
-22.6% |
ISPs/Access Providers |
Now let's turn to the weekly results within each of our 12 sectors….
|
SEARCH/PORTALS |
||||||||
|
Close |
1 Week |
% Price Change |
Market |
|||||
|
Symbol |
Company |
6/14/00 |
$ Change |
1 Week |
1 Month |
YTD |
Cap. (mm) |
Float |
|
SINA |
SINA.com |
$37.50 |
3.50 |
10.3% |
-3.8% |
1,494.7 |
4 |
|
|
GO |
Go.com |
$12.56 |
0.25 |
2.0% |
-28.2% |
-47.1% |
566.6 |
12.2 |
|
LCOS |
Lycos |
$65.50 |
-0.38 |
-0.6% |
-9.8% |
-17.7% |
7,231.5 |
77.3 |
|
YHOO |
Yahoo! |
$139.50 |
-5.00 |
-3.5% |
2.9% |
-35.5% |
75,785.3 |
217.3 |
|
STRM |
StarMedia Network |
$19.56 |
-1.44 |
-6.8% |
-4.6% |
-51.2% |
1,273.7 |
33.2 |
|
AOL |
America Online |
$52.44 |
-4.44 |
-7.8% |
-9.3% |
-30.2% |
120,469.2 |
2251.4 |
|
LOOK |
LookSmart |
$17.56 |
-1.69 |
-8.8% |
-9.9% |
-35.0% |
1,566.7 |
16.9 |
|
INSP |
InfoSpace |
$50.31 |
-5.44 |
-9.8% |
-16.1% |
-6.0% |
11,546.6 |
117 |
|
GOTO |
GoTo.com |
$16.38 |
-2.13 |
-11.5% |
-20.6% |
-72.1% |
803.3 |
17.7 |
|
CHINA |
Chinadotcom |
$22.75 |
-3.69 |
-13.9% |
-26.3% |
-42.1% |
1,920.7 |
16.8 |
|
ASKJ |
Ask Jeeves |
$19.63 |
-3.19 |
-14.0% |
-21.7% |
-82.6% |
699.2 |
17.8 |
|
BOUT |
About.com |
$35.44 |
-9.38 |
-20.9% |
-23.6% |
-60.5% |
628.1 |
10.6 |
Once again this sector finishes with the worst weekly average, although last week's cellar-dwelling performance (a 14.6% gain) was a bit easier to take. Last week Chinese portal SINA.com and Disney property Go.com were the only two companies in the group to fall in price. This week they're the only two to advance, though SINA lost all of its gains on Thursday after an Asia-based Yahoo executive warned that short-term projections of Internet growth in China were overly optimistic. Inktomi buys Go.com's Ultraseek unit, which provides search and navigation software for corporate intranets and extranets. After a late-May run-up following buyout rumors, About.com has done an about-face.
|
CONTENT/COMMUNITIES |
||||||||
|
Close |
1 Week |
% Price Change |
Market |
|||||
|
Symbol |
Company Name |
6/14/00 |
Change |
1 Week |
1 Month |
YTD |
Cap. (mm) |
Float |
|
QKKA |
Quokka Sports |
$7.06 |
1.88 |
36.1% |
43.0% |
-46.2% |
314.5 |
8.5 |
|
SWBD |
Switchboard |
$11.81 |
2.06 |
21.2% |
8.6% |
291.1 |
5.5 |
|
|
DTHK |
DigitalThink |
$29.88 |
5.00 |
20.1% |
23.2% |
983.9 |
4.4 |
|
|
ZDZ |
ZDNet |
$13.00 |
2.06 |
18.9% |
2.5% |
-38.1% |
978.8 |
9.8 |
|
INFO |
Infonautics |
$4.75 |
0.75 |
18.8% |
-16.9% |
-32.2% |
57.8 |
9.3 |
|
EWBX |
EarthWeb |
$15.81 |
1.81 |
12.9% |
13.0% |
-68.6% |
166.6 |
6.8 |
|
MPPP |
|
$18.88 |
2.00 |
11.9% |
55.7% |
-40.4% |
1,283.0 |
21.1 |
|
CBDR |
CareerBuilder |
$2.91 |
0.28 |
10.7% |
16.2% |
-54.9% |
69.2 |
5.7 |
|
ONES |
OneSource Information |
$6.94 |
0.63 |
9.9% |
-14.6% |
-48.4% |
80.4 |
4.1 |
|
NETR |
NetRadio |
$2.88 |
0.19 |
7.0% |
-2.1% |
-65.2% |
28.8 |
3.8 |
|
VDAT |
Visual Data |
$5.00 |
0.31 |
6.7% |
-3.6% |
-56.5% |
42.4 |
6.3 |
|
LAUN |
Launch Media | $9.38 |
0.56 |
6.4% |
28.2% |
-50.5% |
126.6 |
8 |
|
HOMS |
Homestore.com |
$29.88 |
1.75 |
6.2% |
-0.8% |
-59.8% |
2,425.6 |
46.3 |
|
HOOV |
Hoover's |
$7.63 |
0.25 |
3.4% |
3.0% |
-12.9% |
93.7 |
4.7 |
|
IMPV |
ImproveNet |
$3.81 |
0.13 |
3.4% |
-4.7% |
63.8 |
2.8 |
|
|
HCEN |
HealthCentral.com |
$4.13 |
0.00 |
0.0% |
3.1% |
-43.6% |
93.7 |
10.7 |
|
LOIS |
Loislaw.com |
$6.25 |
0.00 |
0.0% |
-17.4% |
-84.0% |
131.2 |
7.8 |
|
KNOT |
Knot |
$3.75 |
-0.06 |
-1.6% |
-30.2% |
-55.6% |
54.7 |
3.5 |
|
EDGR |
EDGAR Online |
$3.69 |
-0.06 |
-1.7% |
-32.9% |
-50.0% |
45.9 |
3.9 |
|
NTVN |
Netivation.Com |
$2.56 |
-0.06 |
-2.4% |
-10.9% |
-55.4% |
27.9 |
8.2 |
|
HSTM |
HealthStream |
$5.03 |
-0.22 |
-4.2% |
-29.4% |
98.1 |
5 |
|
|
HGAT |
HealthGate Data |
$2.19 |
-0.13 |
-5.4% | -56.2% |
39.0 |
0.9 |
|
|
STAD |
Student Advantage |
$6.69 |
-0.44 |
-6.1% |
44.6% |
-69.9% |
239.1 |
8.9 |
|
TPN |
TownPagesNet.com |
$1.88 |
-0.12 |
-6.3% |
-33.3% |
-63.4% |
18.0 |
3.2 |
|
IASIA |
Asiacontent.com |
$4.25 |
-0.31 |
-6.8% |
145.9 |
5 |
||
|
INTM |
internet.com |
$18.63 |
-1.38 |
-6.9% |
15.5% |
-64.4% |
467.3 |
9 |
|
TURF |
iTurf |
$3.63 |
-0.28 |
-7.2% |
-24.2% |
-70.9% |
76.6 |
8.7 |
|
MLTX |
Multex.com |
$17.44 |
-1.50 |
-7.9% |
-16.0% |
-53.7% |
528.3 |
20.3 |
|
SNOW |
Snowball.com |
$4.31 |
-0.38 |
-8.0% |
-11.5% |
162.0 |
6.3 |
|
|
VERT |
VerticalNet |
$38.63 |
-3.69 |
-8.7% |
-15.6% |
-52.9% |
3,133.5 |
47.9 |
|
ILIF |
ilife.com |
$1.75 |
-0.19 |
-9.7% |
-12.5% |
-61.1% |
24.5 |
4.6 |
|
SPLN |
SportsLine.com |
$15.00 |
-1.63 |
-9.8% |
-5.5% |
-70.1% |
395.5 |
14.5 |
|
IVIL |
iVillage |
$6.97 |
-0.84 |
-10.8% |
-22.6% |
-65.6% |
206.8 |
16.3 |
|
WOMN |
Women.com Networks |
$3.94 |
-0.52 |
-11.6% |
-24.1% |
-72.4% |
184.1 |
15.9 |
|
TGLO |
theglobe.com |
$2.09 |
-0.28 |
-11.8% |
-11.8% |
-75.0% |
63.9 |
16.8 |
|
TCTY |
Talk City |
$1.81 |
-0.25 |
-12.1% |
-32.6% |
-93.1% |
45.3 |
11 |
|
TSCM |
TheStreet.com |
$6.31 |
-1.00 |
-13.7% |
-10.6% |
-67.1% |
160.1 |
12.2 |
|
CNET |
CNET Networks |
$29.00 |
-5.63 |
-16.2% |
-29.2% |
-48.9% |
2,488.5 |
56.6 |
|
PASA |
quepasa.com |
$1.94 |
-0.44 |
-18.4% |
-27.9% |
-84.7% |
36.5 |
11.9 |
|
GNET |
Go2Net |
$41.13 |
-9.88 |
-19.4% |
-8.5% |
-52.7% |
1,286.5 |
22.2 |
|
KOOP |
drkoop.com |
$1.94 |
-0.50 |
-20.5% |
-22.5% |
-83.7% |
67.3 |
14.6 |
|
MKTW |
MarketWatch.com |
$22.25 |
-5.75 |
-20.5% |
-11.0% |
-39.1% |
314.1 |
3.5 |
|
ARTD |
Artistdirect |
$3.38 |
-0.94 |
-21.7% |
-24.0% |
124.8 |
11.8 |
|
|
NBCI |
NBC Internet |
$17.13 |
-5.13 |
-23.0% |
-24.3% |
-77.8% |
1,042.9 |
20.7 |
|
SALN |
Salon.com |
$1.44 |
-0.69 |
-32.4% |
-53.1% |
-71.2% |
18.0 |
4.3 |
Online interactive sports content site Quokka Sports buys Golf.com, driving up share prices like a Tiger Woods tee shot. Internet directory Switchboard posts another strong week, this one on the back of a partnership deal involving the yellow pages divisions of some top advertising agencies. Salon.com plummets after announcing layoffs and 20% budget cut. Clearly the market thinks it's too late for SALN, which never should have gone public, in my opinion. NBC Internet warns of wider-than-expected losses in Q2 due to falling advertising sales. Such warnings are becoming commonplace among consumer-oriented Web sites, which are offering banner ads at bargain prices due to heavy competition.
|
E-TAILERS |
||||||||
|
Close |
1 Week |
% Price Change |
Market |
|||||
|
Symbol |
Company Name |
6/14/00 |
$ Change |
1 Week |
1 Month |
YTD |
Cap. (mm) |
Float |
|
HOMG |
HomeGrocer.com |
$6.09 |
1.03 |
20.4% |
10.8% |
781.5 |
 | |