Tom Taulli

As a medical student at the University of Pennsylvania, Mike Bruner thought there had to be a better way to allow for communications between pharmacists, physicians and patients. So, he created the first online pharmacy, known as PlanetRx.com. Oh, it was also an incredible e-commerce opportunity. After all, the Web, with its convenience, privacy, wide […]

I would like to know your thoughts on Microsoft allowing their users to access the Internet for free and how this is going to affect America Online who has its access revenues as a major part of its business plan? The street.com had an article called “Why Wallstreet Is Dead Wrong About AOL” on 8/20/99. […]

On comments by Federal Reserve Chairman Alan Greenspan over concerns about current stock valuations, the markets closed broadly lower. internet.com’s Internet Stock Index closed down 7.02, or 1.38 percent, to 501.75, the Nasdaq Composite fell 16.00 to 2,758.62 and the Dow Jones industrial average slumped 103.85 to 11,094.60. E*Trade Group Inc. (EGRP) fell 1-13/16 to […]

Michael Dell has made money the old fashioned way — by building a highly profitable company that sells actual products. Lately, though, he’s been moonlighting as a Net venture capitalist. His firm is called MSD Capital LP (yes, that stands for Michael S. Dell). He kicked-in a cool $1 billion to launch it last year, […]

After a rally early in the day, Internet shares, as well as the overall market, fell by the end of the trading day. internet.com’s Internet Stock Index was down 3.86, or 0.75 percent, to 508.77, the Nasdaq Composite fell 30.64 to 2,774.96 and the Dow Jones industrial average was off 127.91 to 11,198.13. Shares of […]

Traditionally, the IPO market shuts down at the end of August, as people go on vacation. That’s why there are only two IPOs on tap this week. But I think prospects look good for the rest of the year. Indications are that Christmas will be very big for e-tailers. Also, there are exciting IPOs on […]

After a slow start this morning, Internet shares surged at the end of trading. internet.com’s Internet Stock Index climbed 17.06, or 3.44 percent, to 512.63, the Nasdaq Composite gained 52.70 to 2,805.07 while the Dow Jones industrial average tumbled 41.16 to 11,324.46. Net2Phone (NTOP) had jumped 17 to 70-1/8. Long distance company Sprint Wednesday announced […]

During the late 1960s, when the youth of America was protesting, a Berkeley student, named Mike Milken, was instead studying something called “junk bonds.” Wall Street virtually ignored these instruments. However, Milken made an interesting discovery. While the default risk was much higher than AAA bonds, the rate of return on junk bonds far outweighed […]

As expected, the Federal Reserve hiked interest rates by a quarter percentage point. While the broader market was mixed, Internet stocks ended the day on the upside. internet.com’s Internet Stock Index ended up 3.42, or 0.69 percent, to 495.69, the Nasdaq Composite had climbed 34.10 to 2,753.67 and the Dow Jones industrial average fell 20.90 […]

Last Christmas, I had dinner with some friends. One of those friends, who was in his early 80s, was no stranger to the IPO world. He had taken several companies public during the 1960s and 1970s. While drinking some eggnog, I talked to him about his IPO experiences (okay, even on holidays I can’t stop […]

The broader markets surged Monday as all three major indices set new records ahead of Tuesday’s key Federal Reserve meeting. internet.com’s Internet Stock Index had jumped 18.40, or 3.88 percent, to 492.27, the Nasdaq Composite was up 71.58 to 2,719.91 and the Dow Jones industrial average climbed 194.74 to a record 11,295.33. Excite@Home (ATHM) rose […]

I read your comments on IPO’s on 8/16/99. You mentioned that insiders flip stocks within a few days of the IPO. I thought insiders were required to hold these IPO stocks a minimum amount of time, say 60 days or so. Is this true? If so… what are the rules for when and how much […]