Chris Nerney

Flight to quality, yes. Flight from tech stocks, no. That was the general (and admittedly simplified) message from investment experts at the Internet Investment Forum in Los Angeles last Friday. The proceedings might have been a bit gloomier had the Nasdaq not rebounded from its precipitous plunge last Monday and Tuesday. But the latter-week comeback […]

As you might imagine, one of the chief topics overheard among attendees at this weeks Internet World in Los Angeles has been the battering Internet stocks have taken in recent weeks, especially since Monday. Well, the Nasdaq appears to have gotten off the canvas, posting a strong gain Thursday. As of Friday morning, the Nasdaq […]

What? Some good news about an Internet company? Stand back, we’re running with this baby. Portal giant Yahoo! (YHOO) weighed in after Wednesday’s market close with a Q1 report that showed earnings topping analysts’ estimates as well as street “whisper” numbers. It wasn’t the first time Yahoo! has posted profits and exceeded expectations. But coming […]

A number of Internet companies have IPOs scheduled for this week, but the huge drop in the Nasdaq on Monday and through most of Tuesday has left the launch pad crowded, yet eerily quiet. By early Wednesday afternoon morning, none of the Internet firms slated to go public had even priced shares for trading. This […]

You would think an antitrust ruling against one of high-tech’s long-standing impediments to innovation and consumer choice would send the Nasdaq soaring. After all, dozens of companies on the ticker compete with Microsoft in any number of PC and Internet software markets. And while I’ve long believed that Microsoft was spreading itself too thin to […]

After beginning the month like a lion, the Internet IPO market exited March like a bear. The 27 new Net stocks posted an average first-day gain of 99 percent, making March the first month since last September to average below triple-digits. The difference between the early and latter parts of the month was dramatic in […]

Already seriously ill, drkoop.com (KOOP) has been dealt a potentially fatal blow by a report from independent auditors who doubt the Internet health-care network will be able to survive much longer. The impact of the auditors’ statements, contained in the company’s annual report released Thursday, made an already bad situation worse for KOOP shareholders. The […]

We’ve all seen the science fiction movies in which a spaceship desperately tries to break free from the grip of a crumbling planet’s orbit. Some make it, and some don’t. That’s what it’s been like for Internet IPOs this week, as worsening stress fractures have inflicted serious damage to any number of high-tech stocks. Only […]

For a few months, anyway, it looked like Excite@Home (ATHM) would have two ticker symbols. Now the company may end up with none, perhaps as soon as next year. Concerned about Excite@Home’s weak support by investors and the threat to its cable access market leadership position from the pending AOL and Time Warner merger, majority […]

If the Internet stock universe were a boxing ring, content services and infrastructure player InfoSpace (INSP) was the undefeated heavyweight who had never been knocked down. Last year the company’s stock was among the top five best-performing Internet stocks, posting an astounding 1,023 percent gain. The momentum continued into the new century, as INSP shares […]

“Pay for position” Internet search engine GoTo.com last Friday said it has had more than 20 million unique visitors in March and now has more than 25,000 paying advertisers. If the announcement was intended to boost the company’s sagging stock, it worked (at least in the short-term). After closing Thursday at 36 1/8 the lowest […]

Great news from Wit Capital (WITC) is turning out to be good news for other online brokers. Wit executives on Thursday said the company will be profitable this quarter and will blow away revenue and earnings estimates when its quarterly report is issued during the week of April 17. By noon Friday, shares of WITC […]