Chris Nerney

For most of the summer, investors watched anxiously as Internet stocks struggled to recover from the twin body blows dealt in March and April, when the large bubble clouding market clarity regarding overvalued ‘Net companies finally burst, in spectacular and painful fashion. Many, including myself, expected this summer’s shakeout to be followed by a rally […]

Despite a Wednesday rally that saw 32 of its 50 members gain, it was another gloomy week for internet.com’s Internet Stock Index and tech stocks in general as Q3 earnings fears continue to haunt the market. The ISDEX fell 3.9% in the week of trading ended Wednesday, slightly worse than the Nasdaq’s 3.6% drop. For […]

This year has brought dramatic changes to the Internet landscape, with formerly high-flying ‘Net stocks crashing back to earth as investors began their first serious effort to sort winners from losers. Judging from September’s serious downturn, which thus far has extended to the fourth quarter, this shakeout process is far from over. As noted in […]

For a handful of Internet companies, the third quarter was like a trip to that magical land of yesteryear, when weekly double-digit advances in share price came as easily as “strong buy” ratings from cheerleading analysts. But for 80% of ‘Net tickers, Q3 was another reminder that the Internet market is back in Kansas, where, […]

With only seven public offerings in September, the Internet IPO market appears as sluggish as ever. But all seven ‘Net ticker debuts came in the last third of the month, and though first-day returns remain modest, the recent increased activity could indicate a more interesting – or at least busier – fall. Last month’s top […]

Two weeks ago, after a promising start to September, all 13 Internet sectors lost ground. This dismal performance was repeated last week. And this week? That’s right, it’s a (red) hat trick, as ‘Net groups are shut out for the third consecutive time. Here’s hoping this is the darkest before the dawn, but my gut […]

The ISDEX’s Sisyphean struggle to get back to the black continues. After coming within 6.5% of break-even for the year on Sept. 20, internet.com’s Internet Stock Index slipped 6.8% in the week of trading ended Wednesday, leaving the ISDEX down 10.5% for the month and 12.8% year-to-date. The index finished Wednesday at 750, and needs […]

Back in May, StockTracker Daily listed the 10 biggest revenue generators among Internet companies, based on recent quarterly revenue figures. With the latest round of earnings reports over and another looming next month, let’s look at an expanded list of top ‘Net money magnets, along with their market capitalizations through Tuesday’s close and their valuations […]

Well, this hardly can be the market reaction CMGI and its investors had hoped for in the wake of the company’s reorganization and much-better-than-expected Q4 earnings. Though a loss of $633.7 million, or $2.17 per share, doesn’t exactly qualify as good news, it easily beat street estimates of a $2.45 per share net loss. But […]

Last year’s holiday shopping season was preceded by predictions of record online sales and guarded optimism among many e-tailers and their investors that a strong Q4 might act as a springboard toward eventual profitability. As this year’s holiday season approaches, two recent studies by prominent research firms forecast more than $10 billion in online spending, […]

Last week, the Speed/Bandwidth sector was the worst-performing of our 13 Internet groups, losing 8.8%. This week, Speed/Bandwidth bounces back to lead all ‘Net sectors – and still finishes in the red. That’s how the month has gone for Internet stocks. For the second consecutive week, all sectors lose ground, despite Wednesday’s rally. How long […]

It took a big day on Wednesday, but internet.com’s Internet Stock Index, or ISDEX, reversed its September slide this week with a 3.2% gain. Leading the charge on Wednesday was online auction leader eBay , which gained 16.6% after the company issued a bullish revenue projection, setting a goal of 50% year-to-year revenue growth through […]