Tom Taulli

Internet stocks finished the week on a high note as investors once again were in a buying mood — especially when it came to initial public offerings. internet.com’s Internet Stock Index was up 12.04, or 2.61 percent, to 473.87, the Nasdaq Composite was up 26.64 to 2,648.07 and the Dow Jones industrial average had jumped […]

Yesterday, we found out that the seventh largest mutual fund complex, Janus Capital, has caught Internet religion. In filings with the SEC, Janus disclosed that it made purchases of $3.2 billion in Net stocks during the first seven months of 1999. What are the favorites? They are the dominant market leaders, such as eBay (EBAY),

After seven straight days of gains, Internet stocks finally fell off their winning pace Thursday. internet.com’s Internet Stock Index tumbled 23.26, or 4.79 percent, to 461.83, the Nasdaq Composite plunged 36.05 to 2,621.68 and the Dow Jones industrial average fell 29.76 to 10,961.62. The Commerce Department reported the trade deficit widened to $24.62 billion in […]

Several weeks ago, when 1-800-FLOWERS.com (FLWS) was setting the stage for its IPO, it was supposed to be a slam dunk. The company had Goldman Sachs as its underwriter. The IPO was priced at $21, which was well above its price range of $16-$18. Clearly, Goldman Sachs thought this IPO would be a moonshot. And […]

Stocks ended mixed Wednesday as interest rate fears took a toll on techs and blue chips although Internet stocks were able to break from the pack. internet.com’s Internet Stock Index was up 4.14, or 0.86 percent, to 485.09 and the Nasdaq Composite fell 12.61 to 2,658.61 while the blue chip Dow Jones industrial average slumped […]

The appetite for enterprise software IPOs still is voracious. Yesterday, SilverStream Software (SSSW), which develops technology that links employees, vendors and partners within the enterprise, soared 15-1/2 to 31-1/2. Well, there is more this week. Another to keep an eye on is Agile Software. The lead underwriter is Morgan Stanley Dean Witter and the proposed […]

Broad markets staged a comeback Tuesday, with the Internet shares showing continued strength. internet.com’s Internet Stock Index was up 19.69, or 4.27 percent, to 480.95, the Dow Jones industrial average rose 65.22 to 11,112.01 and the Nasdaq Composite increased 25.59 to 2,670.87. SilverStream Software (SSSW) had its IPO today, as shares soared 15-1/2 to 31-1/2. […]

Last Friday, Quest Software Inc. (QSFT) surged 33 to 47 on its IPO. The company develops software that allows for the efficient delivery of information across corporate enterprise environments. Yes, it is not very exciting stuff, but it is critical for companies that want to remain competitive. This week, there is a similar company going […]

Despite uncertainty regarding tomorrow’s report of the Consumer Price Index, Internet shares were able to remain on the upside through Monday’s close. internet.com’s Internet Stock Index climbed 10.26, or 2.30 percent, to 461.26, the Nasdaq Composite rose 7.43 to 2,645.24 and the Dow Jones industrial average was up 69.97 to 11,043.62. The sector’s leaders were […]

I would like to know what your outlook on Red Hat is. I’m from the Research Triangle in North Carolina, and I have been watching this company develop for a while. Now its blowing up on the Nasdaq. I would appreciate your view. –Dan Goldstein Reply: I wrote about Red Hat Inc. (RHAT ) in […]

A lower-than-expected rise in prices paid to producers, farmers and factories in July sent stocks soaring Friday. The Labor Department reported the producer price index rose 0.2 percent last month, up from a 0.1 percent decline in June. The PPI core rate, which excludes volatile food and energy sectors, was unchanged after a 0.2 percent […]

Today being Friday the 13th, it seems fitting to talk about fears which have been plaguing the Net market lately. There are, of course, fears of rising interest rates; fears of a slowdown in Net traffic; fears of Y2K. Despite the fears, Internet shares are starting to stabilize. In the past week, the ISDEX is […]