Chris Nerney

High-end router maker Juniper Networks closed below $30 per share on Wednesday. It’s the first time since Aug. 10, 1999, that JNPR has finished below that mark. It’s also notable because a market observer I know theorized about three weeks ago that we’d reach the bottom when JNPR hit $30. At the time, Juniper was […]

They started up and just kept rising. By the time Thursday’s closing bell rang, stocks across all sectors gave loss-weary investors a day to remember. Taking an ebullient break from this year’s remorseless pounding, the market roared out of the gate Thursday morning, fueled by news that PC maker Dell Computer expects to meet Wall […]

The blue-chips took a break Wednesday from the market’s stomach-wrenching downturn, but for Internet and technology stocks, it was more (if slightly less intense) nausea. The Dow Jones ended up 29.71, or 0.3%, to 9515.42, though it took a rally in the final 20 minutes of trading to go over the top. The Nasdaq lost […]

I saw a fascinating video documentary on Neanderthal man recently on the Discovery Channel. Did you know that Neanderthals survived for 250,000 years in an unforgiving environment dominated by ice ages and fearsome predators? Sure, they never had to cope with margin calls, but you also never heard them whining about Alan Greenspan either. I […]

A lot can happen between now and when the service is available sometime later this year, and many important details remain undetermined. But it sure seems as though online multimedia software provider RealNetworks just become a key player in the music industry’s bid to monetize the Internet. Three of the world’s five major record labels […]

Well, this story line is getting monotonous. For the fourth time in the past five trading days, Internet and technology stocks led all losers Tuesday as more earnings warnings sparked a massive selloff, with internet.com’s Internet Stock Index, or ISDEX, nosediving 27.76, or 14.5%, to 163.63. Every one of the ISDEX’s 50 member stocks finished […]

For most Internet and technology stocks, Monday was a bad day. For e-commerce software maker Art Technology Group and shareholders, it was a trading session from hell. Shares of ARTG plummeted as far as 56.3% to $5.25 after the company announced it would have a first-quarter loss instead of a profit. Art Technology finished trading […]

Internet investors battered by last year’s ticker implosion and anxious to put the dot.com shakeout behind them had better stay in their bunkers for awhile. More ugliness lies ahead. Despite some seemingly positive trends, first-quarter trading results show the death rate for Internet stocks should accelerate this year. With 90 companies ending Q1 below $1 […]

A tumultuous week ended on an up note Friday as Internet stocks led the market higher, but the quarter was one investors — especially those holding ‘Net and tech shares — would just as soon forget. Internet stocks bounced back from two consecutive days of heavy losses, as internet.com’s Internet Stock Index, or ISDEX, gained […]

After last year’s market meltdown, investors — especially those holding fast-falling Internet stocks — hoped to start fresh this year. While nobody was expecting a return to the bubble mentality that pushed ‘Net companies to absurd valuations, they likely weren’t counting on further deep losses so early in the new year. With just one trading […]

Blue-chips outpaced Internet and tech stocks Thursday for the second session in a row, thanks to another late-afternoon rally by the Dow Jones. The Dow ecked out a tiny gain of 13.71, or 0.14%, finishing at 9799.06. The Dow rose more than 100 points in the last 45 minutes of trading. On Wednesday, the Dow […]

Geez, if I had known people were going to take those “beware the bear rally” comments so much to heart, I would have chosen my words a bit more carefully. In Wednesday’s Morning Report, I cautioned that the four-day rally begun last Thursday should not be widely interpreted as the beginnings of a market comeback. […]