Chris Nerney

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Do strong sales in July at your local Gap store or car dealership translate into good news for e-tailers in the upcoming holiday season? The answer is yes. Commerce Department figures released Thursday show that total retail sales rose by a higher-than-expected 0.7 percent in July. “What it says is that the economy is sound […]

It’s hard to find any Internet stock that isn’t trading far below the highs achieved in the spring, but few have fallen as far as Web car-shopping site Autoweb.com. Shares of (AWEB) were selling Wednesday at $8.88 each, a pitiful 22% of the March 23 closing price of $40, when the Santa Clara, Calif.-based company […]

It may not be reflected yet in its stock price, but the deal announced Monday between streaming multimedia software maker RealNetworks Inc. and music industry powerhouse Time Warner should considerably strengthen RealNetworks’ already commanding leadership position in the Internet music software market. Starting next month, users can download individual songs from Warner artists such as […]

Certainly you saw the Net2phone IPO. But did you see what happened to IDT, the parent which owns 57% of Net2phone? Is it typical for spinoffs to be worth more than their parents when the parent retains a majority? The only other example I know of is ZDNET — there the parent is still worth […]

Regular readers of StockTracker Daily know all about the record number of Internet IPOs launched this year, especially in the past three months. Venture capital investments in Internet start-ups also are increasing at an unprecedented rate, according to the latest quarterly surveys from PricewaterhouseCoopers and VentureOne. Together these trends have dramatically expanded the Internet universe […]

With 38 of 50 companies leading the charge, internet.com’s Internet Stock Index fought back Thursday, ending five consecutive days of losses by closing up 28.44, or 7.02%, to 433.57. While Thursday’s percentage gain was larger than any single-day percentage loss since July 28, the ISDEX is still below Monday’s average price, and well below last […]

That World Wrestling Federation’s IPO is starting to look better and better. At least it doesn’t have .com tacked onto it. If it did, it would be body-slammed to the mat like virtually every other Internet company that has gone public in recent days. Six of the last 10 Internet IPOs finished their first day […]

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