Tom Taulli

After setting records in the past 14 out of 17 sessions, the Nasdaq ended the day down. internet.com’s Internet Stock Index was off 4.39, or 0.62 percent, to 701.11, the Nasdaq Composite tumbled 49.44 to 3,343.12 and the Dow Jones industrial average was off 93.58 to 10,995.94. Priceline.com (PCLN) fell 4-13/16 to 61-15/16 after airline […]

With the huge run-up in the markets this year, the rich are getting richer. They’ll need to find luxury items to spend their money this Christmas — making such companies as Montblanc, Rolex and Versace very merry indeed. In fact, the market for luxury goods is about $133 billion. There is a way for the […]

Internet stocks surged higher Monday, determined to make up for time that would be lost later in the week. internet.com’s Internet Stock Index was up 22.58, or 3.31 percent, to 705.49, the Nasdaq Composite had gained 23.28 to 3,392.53 and the Dow Jones industrial average was up 85.63 to 11,089.52. CMGI Inc. (CMGI) jumped 18-3/8 […]

With Y2K, what do you see for the market next year? Reply: I’m sure during January, the press will be chock-full of stories about Y2K. There will probably be real problems; however, it will definitely not be the end of the world. Billions and billions have been spent on the problem (some estimates are about […]

Initial public offerings stole the show on Friday in what was an otherwise lackluster session, led by CacheFlow which posted a 426 percent gain. internet.com’s Internet Stock Index closed up 2.64, or 0.39 percent, to 682.91, the Nasdaq Composite gained 22.02 to 3,369.13 and the Dow Jones industrial average shed 31.81 to 11,003.89. After pricing […]

When looking e-commerce companies, one question always comes up: What about the barriers to entry? Let’s face it, it is not difficult to sell stuff online. But there is an e-commerce segment with strong barriers. The industry is online phamacies. The simple fact is that most prescription drugs are not actually purchased by consumers; rather, […]

Strength in Internet stocks combined with positive sentiment throughout the technology sector spurred the Nasdaq Composite to its 12th record in 15 sessions Thursday. internet.com’s Internet Stock Index jumped 17.22, or 2.60 percent, to 680.27, the Nasdaq Composite climbed 76.54 to 3,345.93 and the Dow Jones industrial average closed up 152.61 to 11,035.70. Commerce One […]

Grocery shopping was never this exciting. While the pioneers of online grocery shopping have cratered — such as Peapod (PPOD) and NetGrocer — Webvan (WBVN) seems to be much more hopeful. During its IPO on November 5, the company was priced at $15, reached a high of $34, and closed at $24-7/8. But since then, […]

A sharp rise in oil prices gave investors concerns today about inflation, leading all major U.S. markets to fall. internet.com’s Internet Stock Index lost 7.58, or 1.13 percent, to 663.05, the Nasdaq Composite closed down 26.15 to 3,269.37 and the Dow Jones industrial average tumbled 49.24 to 10,883.09. CMGI Inc. (CMGI) was up 21 to […]

After a surging IPO in June, drKoop (KOOP) caught a flu, as the stock is now trading at a sickly 14-11/16. Yet, the markets may have mis-diagnosed the stock. In its latest quarter, drkoop.com showed strong vital signs. There was sequential quarterly sales growth of 186 percent to $2.4 million. Looking behind these numbers, we […]

Stocks continued their torrid pace Tuesday as all major indices rose despite a hike in interest rates. internet.com’s Internet Stock Index jumped 30.84, or 4.82 percent, to 670.63, the Nasdaq Composite climbed 73.53 to a record 3,293.07 and the Dow Jones industrial average leaped 171.58 to 10,932.33. As widely expected, the Federal Reserve hiked the […]

Last week, the IPO market demonstrated that there is seemingly endless liquidity. There were two mega IPOs: UPS, which raised $5.47 billion and Charter Cable, which raised $3.23 billion. In fact, UPS had demand for over 1 billion shares of its stock. With such demand, the IPO market should be very strong next year, which […]