Chris Nerney

NOTE: Friday’s StockTracker Daily column now features internet.com’s free e-mail newsletter, Internet StockTracker, which covers the weekly performances of more than 400 Internet stocks across 13 sectors. If you would like this newsletter delivered to your e-mail each Friday, you can sign up here. Call it wishful thinking, but I’m genuinely optimistic that Internet stocks, […]

I keep reading elsewhere about the stirring comeback of the IPO market. Either these sources are talking about biotechs or they’re actually testing new drugs for those companies, because the market for Internet public offerings is colder than ever. The numbers tell the story quite vividly. For starters, only a dozen ‘Net stocks debuted in […]

With a current market capitalization of $13.7 billion, caching server and search engine software sector leader Inktomi trades at 80x its trailing 12 months’ revenue of $171 million. By nearly anyone’s measure, this means that Inktomi, like the majority of publicly traded Internet companies, is overvalued. In most cases this is a cause for great […]

A little more than four years ago, computer catalog seller Software Developer’s Company saw the handwriting on the wall: Spelled out in large, clear letters was the word “DOOMED.” Facing rapidly shrinking margins in the software catalog sector, the company abruptly dumped its catalog business and bet its future on the Internet. In July 1996, […]

In a year when hundreds of Internet companies have been punished severely for poor financial performance, fiber-optic systems equipment maker Sycamore Networks has been an investor’s dream come true. It is one of the hottest names in one of this year’s only hot ‘Net sectors, optical networking. Since going public last Oct. 22, SCMR shares […]

This must be what it’s like to play on a cellar-dwelling baseball team in the dog days of August. Week after week brings yet more frustration, more setbacks, more mind-numbing, soul-deadening disappointment. Yet you trudge on, because that is all you can do. Am I glad I have another vacation coming up. It was a […]

This week internet.com’s Internet Stock Index is led by two companies facing troubled – and in the case of one, perilous – times. Neither rally, however, portends any imminent reversals of fortune for the companies in question. Rather, they bear the markings of short-term upward bounces off 52-week lows. Red-drenched e-retailer Amazon.com gained 25.1% in […]

Investors in ‘Net voice and data traffic switch maker Sonus Networks have endured a white-knuckle ride in recent weeks. Beginning July 25, SONS shares plunged 29% over six trading sessions, zoomed up 46% in the next three days and then lost another 24% the following week. But at these altitudes, even that kind of heavy […]

On Monday we looked at the sad plight of failed e-tailer Value America, which last week filed for bankruptcy and whose stock was selling at 72 cents per share when the Nasdaq suspended trading following Friday’s market close. But VUSA wasn’t the only ‘Net stock to be yanked from the exchange last week. Online fax […]

For most companies, filing for Chapter 11 bankruptcy is considered a somewhat bad sign of future prospects. But not for Value America and a handful of still-delusional investors. No, they are eagerly looking forward to better days as the company transforms itself, under court protection, from a failed e-tailer to a successful provider of e-commerce […]

NOTE: Friday’s StockTracker Daily column now features internet.com’s free e-mail newsletter, Internet StockTracker, which covers the weekly performances of more than 400 Internet stocks across 13 sectors. If you would like this newsletter delivered to your e-mail each Friday, you can sign up here. The freefall in Internet stocks that accompanied the release of Q2 […]

It’s been a common scenario all summer: Internet stocks put together several strong trading sessions that hint of a comeback, only to see momentum dissipate within days – and sometimes hours. So it goes this week with internet.com’s Internet Stock Index, which gained 8.5% in trading from July 26 through Wednesday, despite backsliding in the […]