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RealTime IT News

Hey, It's Not Fall

First of all, I'd like to note that there's almost a week left to the summer, so those of you awaiting a fall rally should remain calm. Having said that, this week's results are exactly what I warned about last Friday. ("One bad week alone could undue the past three weeks of advances.")

After starting on an up note, most Internet stocks are down in September thanks to this week's pummeling, which saw all 13 sectors lose ground. Investors appear to be nervous about Q3 earnings reports after several companies said they may miss projections. There's an irony here: The often myopic market, so given to fixating on daily and even hourly trends, is freaking out about reports that for the most part aren't due for another month.

*Market Cap figure is in millions unless otherwise noted.

PERFORMANCE BY SECTOR Ave. 7-Day % Change E-commerce Enablers -1.3% Security -1.7% Wireless -2.9% Consultants/Designers -3.3% Performance Software -4.1% Financial Services -4.3% Search/Portals -4.5% Content/Communities -6.0% E-tailers -6.3% Advertising/Marketing -6.6% ISPs/Access Providers -7.0% Internet Services -8.2% Speed/Bandwidth -8.8% TOP 10 GAINERS 7-Day % Gain Category XCAR XCare.net 49.2% E-Commerce Enablers DTAS Digitas 34.3% Consultants/Designers CORI Corillian 33.8% E-Commerce Enablers QKKA Quokka Sports 29.5% Content/Communities OTGS OTG Software 27.8% Performance Software VLCT ValiCert 26.9% Security PRVW Preview Systems 25.4% E-Commerce Enablers SCNT Scient 25.3% Consultants/Designers TANN Tanning Tech. 25.2% E-Commerce Enablers NEOF Neoforma.com 23.9% E-Commerce Enablers TOP 10 LOSERS 7-Day % Loss Category NTCR NetCreations -45.8% Advertising/Marketing HITS Musicmaker.com -40.9% E-tailers KOOP drkoop.com -33.8% Content/Communities MPPP MP3.com -31.7% Content/Communities IIXL iXL Enterprises -31.5% Consultants/Designers ALLR Allaire -30.6% Performance Software LOUD Loudeye -30.1% Performance Software XPDR Xpedior -29.1% Consultants/Designers IASIA Asiacontent.com -27.3% Content/Communities CLIC Calico Commerce -26.2% E-Commerce Enablers ******************************************************************** WIRELESS PRODUCTS/SERVICES 9/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap HAND Handspring 37.19 7.06 23.4% -9.3% N/A 4.7B PALM Palm 48.50 7.06 17.0% 43.7% N/A 27.4B SVNX 724 Solutions 47.13 2.00 4.4% 32.3% N/A 1.8B VYYO Vyyo 31.63 0.38 1.2% 41.3% N/A 1.1B AETH Aether Systems 135.88 -1.50 -1.1% 4.9% 87.7% 5.2B INSP InfoSpace 39.25 -0.81 -2.0% 46.0% -27.4% 9.2B PHCM Phone.com 88.13 -6.31 -6.7% 3.8% -24.8% 7.3B PUMA Puma Tech. 22.88 -1.75 -7.1% 33.6% -65.3% 967.8 MCOM Metricom 34.94 -3.56 -9.3% 5.5% -56.0% 1.1B IIIM i3 Mobile 7.50 -0.88 -10.4% -11.8% N/A 171.0 GWRX Geoworks 10.94 -1.31 -10.7% -5.9% -35.4% 236.8 PRTH Parthus 46.00 -5.75 -11.1% 53.3% N/A 2.4B GOAM GoAmerica 9.63 -1.44 -13.0% 6.9% N/A 494.5 IWAV



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