Gus Venditto

The rash of domain name attempted thefts that was first reported last week continued today with internet.com Corp., publisher of InternetNews.com, among the latest targets. The would-be hijackers succeeded in forcing a change in the public Internic record for internet.com. As of mid-day, the WHOIS record for internet.com incorrectly listed BCS Inc. of Montreal, QC […]

The markets had little direction Friday morning in light pre-holiday trading. Two key economic reports on April spending in the U.S. produced a mixed message. Spending on durable goods was slower than expected but personal spending rose 0.4 percent which is slightly higher than had been expected. The ISDEX lost 3.14 or .053 percent in […]

Sun Microsystems Inc. President Ed Zander said Tuesday his company’s acquisition of StarDivision, a supplier of open source productivity applications, is not about competing with Microsoft on the desktop. “This is a network-economics play,” Zander said this morning at a New York press conference where Sun management unveiled its strategy for using StarOffice as the […]

Hi Gus, I am a recent shareholder of Net Perceptions (NETP). What do you think? It owns a very promising technology which has already taken the lead position in its industry. I hate to see it “drowning.” Tell me your opinion. Greg Reply: Net Perceptions is one of the early leaders in the emerging field […]

Ouch! If it hurts the market this much when wages rise only 3 ticks more than expected, how bad will the pain be when inflation actually starts to pinch? Internet stocks were hurt as much as every other market sector yesterday. It was news from the Labor Department that inflicted the wound: the Labor Department […]

For an industry that is supposed to be volatile and unpredictable, Internet companies are proving surprisingly dull in their quarterly results. Very few companies are releasing earnings reports with big surprises. Here’s a quick take on some of the more interesting Internet companies and their numbers. Mindspring (Nasdaq: MSPG) has fallen out of favor as […]

Some ISDEX companies are always in the news. Small coincidence: They’re the hotter stocks with heavy volume, sharp upward swings and quick rebounds after market slumps. Broadcom Corp. (Nasdaq:BRCM), less than a week after celebrating a strong second quarter with earnings of 19 cents a share, has a double shot of news. The stock is […]

E*Trade (Nasdaq: EGRP) has been developing a winning formula since it first launched, but it hasn’t always gotten credit for CEO Costakos’s vision. One of the early Internet IPOs — the company went public in August 1996 — the Street took a long time before it would give the stock a second look. After languishing […]

The behind-the-scenes technologies needed to protect digital communications over the Internet is not glamorous but it will be lucrative. E-commerce transactions need a single standard more badly than personal computers needed a single operating system: the company that holds the keys to the digital security standard is going to be in a highly-desirable position. Recent […]

The Blue Chips joined Internet stocks and turned volatile today on interest rate fears, with the DJIA dropping 235.2 points to close at 10,466.9. The ISDEX closed down 2.9 percent or 14.8 points to close at 490.3 after spending a good part of the day in positive territory. The Blue Chip decline is attributed to […]

Internet stocks dropped across the board Monday as part of a continuing technology sell-off. Adding fuel to the fire were comments by widely followed analyst Mary Meeker of Morgan Stanley Dean Witter & Co., who warned of a “big correction” for the sector sometime this year. The ISDEX dropped more than 16 percent on the […]

E-Mail servers suffered from delays and, in some cases, needed to come down for de-bugging on Monday as the Melissa Word macro virus took its toll. Meanwhile, the FBI said Monday it is investigating the spread of the virus, amid reports it has already affected more than 100,000 users. First reported on Saturday by Carnegie […]