Chris Nerney

Since the first big pop in the Internet bubble was heard back on March 14, 2000, every major Internet company has seen its share price fall or, more typically, plummet. Except one – Hotel Reservations Network. Shares of the online hotel room discounter are up 32% from that first dark day of last year, closing […]

When you crank out five columns a week about Internet stocks (or five columns on just about anything), you’ll inevitably a) make a few mistakes and b) arouse the ire of some readers. I’ve done both recently. Last Tuesday I noted that Amazon.com CEO Jeff Bezos, appearing on a recent British news program, had warned […]

Another week, another drubbing. And no capitulation in sight. With only Tuesday’s rebound giving investors any short-term relief, tech and Internet stocks slid deeper into bear territory for the week of trading ended Thursday. On the horizon, investors only have another possible interest-rate cut to look forward to, when the Federal Reserve meets next Tuesday. […]

Given its status in the past year near the top of most dot.com death pools, it’s almost a miracle of modern market science that health information Web site drkoop.com is still alive, if not exactly kicking at 22 cents per share. But there KOOP is, not only breathing, but buying up other Web sites to […]

A Wall Street observer whose opinion I respect said the other day he has felt the market would hit a bottom when shares of Juniper Networks reached $30. If that’s the case, we moved further away from those eagerly anticipated depths on Tuesday as JNPR jumped $8.94, or 18.0%, to $58.63. The high-speed router maker […]

It’s hard to believe the Nasdaq was above the 5000 mark one year ago. With Monday’s selloff making a mockery of the Nasdaq’s 2000 level, investors face the depressing prospect that other milestones will quickly be passed on the market’s breakneck journey south. Already the 1900 mark is in sight, with the Nasdaq closing Monday […]

Things are getting ugly for some of the Internet’s most prominent companies. I’m not talking about layoffs or losses, either, though there’s plenty of both to go around. I’m talking about rumors, the kind that do the most damage because they carry with them the ring of truth. Less than two weeks ago it was […]

Given the news that has rocked the markets this week, tech and Internet stocks are hanging fairly tough, despite further slippage. But like residents of the Northeast snowed under by a two-day storm – with another blast due on Friday – ‘Net tickers have a lot of digging out to do, and can’t count on […]

This one was a punch to the gut. For the past year Internet investors have endured a meltdown in stock prices and a relentless barrage of earnings warnings, layoffs and bankruptcies. But even those ‘Net bettors who long ago shed their last vestiges of naivete were shaken by the news from Yahoo Wednesday. Sure, it […]

It’s not often that a personnel announcement – even at the highest levels – has the kind of instant impact on a company’s stock than did the one made Tuesday by publishing and personalization software vendor Vignette . There it was, however, a 34.5% one-day gain to $6.94 per share, fueled by news that Vignette […]

It could be that Amazon.com may finally fulfill its goal of becoming the Wal-Mart of the Internet. Just not in the fashion that founder Jeff Bezos imagined. Amazon.com and Wal-Mart officials have declined to comment on a report in The Sunday Times of London that the two companies are engaged in serious strategic-alliance talks, but […]

It has a famous co-founder, is backed by tons of private capital and is positioned to be a major player in what promises to be a multibillion-dollar Internet sector. That is the view investors would have had of managed services outsourcer Loudcloud as recently as a year ago, just before the Internet stock bubble burst. […]