Feels Like A Bottom

For the second week in a row, most ‘Net sectors post gains, though they aren’t quite as robust as last week’s.

Still, Internet investors have to feel a little less disoriented and dispirited as November gets under way. The freefall has ended (for now?) and there have been several strong trading sessions in recent days. Further, the Q3 earnings season, which has been brutal, is almost over.

I’m optimistic that we have a bottom and could see some decent gains between now and Christmas. But it’s a lot closer to cautious optimism than irrational exuberance. In fact, it’s not even cautious optimism; It’s guarded relief. But these days, I can live with that.

*Market Cap figure is in millions unless otherwise noted.

  
PERFORMANCE BY SECTOR
                          Ave. 7-Day
                           % Change

Search/Portals              +14.2%
Security                     +9.0%
Advertising/Marketing        +7.6% 
Consultants/Designers        +4.2%
Internet Services            +3.8%
Speed/Bandwidth              +2.2%
Content/Communities          +2.1%
Performance Software         +0.9% 
ISPs/Access Providers        +0.9%  
E-tailers                    -0.8%
E-commerce Enablers          -1.0%
Financial Services           -3.4%
Wireless                     -6.6%
 
TOP 10 GAINERS             7-Day % Gain         Category

BWEB  BackWeb                65.6%        Performance Software
IVIL  iVillage               57.1%        Content/Communities
PILT  Pilot Network          50.0%        Security
NAVI  NaviSite               49.6%        Internet Services
MRCH  marchFIRST             47.8%        Consultants/Designers
WAVO  WAVO                   45.5%        Performance Software
NBCI  NBC Internet           45.0%        Content/Communities
IMNY  I-Many                 42.7%        E-Commerce Enablers
LTNX  Litronic               41.0%        Security
NTCR  NetCreations           40.7%        Advertising/Marketing

TOP 10 LOSERS              7-Day % Loss          Category
 
MDCM  Mortgage.com          -90.5%        Financial Services
TANN  Tanning Tech.         -38.1%        E-Commerce Enablers
NTGX  net.Genesis           -37.7%        Performance Software
TGLO  theglobe.com          -34.6%        Content/Communities
EPRS  Eprise                -34.0%        Performance Software
HGAT  HealthGate Data       -33.3%        Content/Communities
HCEN  HealthCentral.com     -30.4%        Content/Communities
ZIPL  Ziplink               -29.9%        ISPs/Access Providers
BRNC  Braun Consulting      -29.6%        E-Commerce Enablers
EGRT  Egreetings            -28.6%        Internet Services
 
********************************************************************

                             WIRELESS PRODUCTS/SERVICES

                         11/1   7-Day   7-Day  1-Month   YTD   Market
       Company          $Close $Change %Change %Change          Cap
                     
INSP  InfoSpace          22.94   2.63   12.9%  -50.1%  -62.1%    6.7B
GOAM  GoAmerica          11.06   1.25   12.7%    6.7%    N/A   568.4
PUMA  Puma               14.25   1.31   10.1%  -32.3%  -76.7%  602.9
VYYO  Vyyo               23.25   2.06    9.7%  -27.3%    N/A   872.8
IIIM  i3 Mobile           5.63   0.00    0.0%  -21.2%    N/A   128.3
PALM  Palm               54.56  -1.31   -2.3%    6.6%    N/A    30.9B
PHCM  Phone.com          91.88  -6.44   -6.5%    1.1%  -11.7%    7.6B
PRTH  Parthus            34.50  -3.00   -8.0%   -8.7%    N/A     1.8B
OMNY  OmniSky            13.38  -1.31   -8.9%    N/A     N/A   871.4
MCOM  Metricom           17.50  -1.81   -9.4%  -45.5%  -75.8%  537.5
GWRX  Geoworks            4.50  -0.47   -9.4%  -52.7%  -68.3%   97.4
RIMM  Research In Motion 95.88 -10.25   -9.7%   46.5%  171.0%    6.9B
SVNX  724 Solutions      29.13  -3.75  -11.4%  -38.0%    N/A     1.1B
AETH  Aether Systems     86.06 -14.56  -14.5%  -38.0%   24.6%    3.4B
WFII  Wireless Facil. 

   51.44  -9.31  -15.3%  -24.7%   35.1%    2.2B
HAND  Handspring         71.81 -16.63  -18.8%   69.3%    N/A     9.0B
IWAV  interWAVE           4.19  -1.38  -24.7%  -49.0%    N/A   202.9
AVGO  AvantGo            10.50  -3.50  -25.0%    N/A     N/A   350.2
---------------------------------------------------------------------
      Wireless Ave.                     -6.6%         

One of the top-performing sectors this year turns in the worst 
numbers of the week. Wireless content syndicator InfoSpace rises 
after beating Wall Street estimates with a 3 cents per share net
profit. Analysts had called for break-even. Wireless Internet
service provider GoAmerica buys consulting company Flash Creative
Management for $10 million. Software developer AvantGo falls after
reporting wider Q3 losses.

                              SEARCH/PORTALS

                      11/1   7-Day   7-Day  1-Month   YTD   Market
       Company        $Close $Change %Change %Change          Cap
                     
LOOK  LookSmart        8.41   2.25   36.5%   -55.2%  -75.1%  753.5
ASKJ  Ask Jeeves      14.06   3.31   30.8%   -51.7%  -88.6%  501.7
TRLY  Terra Lycos     23.00   4.62   25.1%   -30.8%  -58.0%   11.8B
GOTO  GoTo.com        15.25   2.88   23.2%   -52.3%  -84.0%  795.9
NTES  Netease.com      4.50   0.72   19.0%   -46.4%    N/A   135.5
YHOO  Yahoo!          64.36   8.80   15.8%   -54.7%  -75.4%   35.4B
DIG   Disney-Internet  7.81   1.06   15.7%   -50.2%  -67.6%    1.2B
AOLA  AOL/Latin Am.    6.06   0.81   15.5%   -39.3%    N/A     1.6B
AOL   America Online  52.00   4.98   10.6%   -22.1%  -37.0%  120.9B
SINA  SINA.com         6.88   0.44    6.8%   -71.0%    N/A   281.4
STRM  StarMedia        6.50   0.38    6.1%   -42.3%  -85.4%  427.8
CHINA Chinadotcom     10.19   0.31    3.2%   -63.0%  -81.1%  890.1
BOUT  About.com       24.73   0.48    2.0%   -50.9%  -77.6%  446.5
SOHU  Sohu.com         3.13  -1.13  -26.5%   -44.0%    N/A    97.6
-------------------------------------------------------------------
      Search/Portals Ave.           +14.2%         

A triple dose of good news for shareholders of Web directory 
LookSmart: 1) Q3 results show triple-digit revenue growth and a 
61% reduction in net loss, easily beating street estimates; 2) The 
company signs on Internet auction giant eBay as a customer. eBay 
will use LookSmart's new Subsite Listings software; 3) The first 
two items push shares up nearly 20% on Wednesday, giving LOOK the
top slot in this sector. Don't be fooled by its little rally; 
Ask Jeeves is headed below $10 per share. Last week the company 
reported a Q3 net loss of $1.08 per share, down from Q2's $1.20 
per share, but more than twice the 44 cents per share loss in the 
year-ago period. CFO quits.

                           CONTENT/COMMUNITIES 

                       11/1   7-Day   7-Day  1-Month   YTD   Market
       Company        $Close $Change %Change %Change          Cap  

IVIL  iVillage          2.75   1.00   57.1%  -72.1%  -91.9%    81.7
NBCI  NBC Internet      7.25   2.25   45.0%  -31.9%  -93.2%   453.4
SNOW  Snowball.com      1.31   0.34   35.5%  -54.4%    N/A     49.2
SWBD  Switchboard       6.75   1.38   25.6%  -17.4%    N/A    166.4
EWBX  EarthWeb         14.44   2.81   24.2%   -8.3%  -79.2%   150.2
HOMS  Homestore.com    36.13   6.69   22.7%  -30.6%  -49.0%     3.0B
ARTD  Artistdirect      0.75   0.13   20.0%  -61.9%    N/A     27.6
MPPP  MP3.com           4.06   0.56   16.1%  -45.7%  -90.6%   277.0
CNET  CNET             33.00   4.31   15.0%  -28.6%  -62.3%     2.9B
KNOT  Knot              2.75   0.34   14.3%   -2.3%  -65.3%    40.2
VERT  VerticalNet      29.00   3.44   13.4%  -45.0%  -70.8%     2.5B
INTM  internet.com     21.63   2.50   13.1%  -35.5%  -61.7%   542.7
TURF  iTurf             1.00   0.09   10.3%  -42.9%  -93.4%    21.1
TSCM  TheStreet.com     3.56   0.31    9.6%  -39.8%  -79.1%    95.5
WOMN  Women.com         1.50   0.13    9.1% 

 -37.5%  -85.7%    70.2
IASIA Asiacontent.com   1.88   0.13    7.1%  -59.6%    N/A     64.4
QKKA  Quokka Sports     3.06   0.13    4.3%  -36.8%  -72.0%   141.9
SALN  Salon.com         1.19   0.05    4.1%  -46.7%  -78.2%    16.5
DTHK  DigitalThink     35.69   0.56    1.6%   15.0%    N/A      1.2B
PASA  quepasa.com       0.53   0.00    0.0%  -57.1%  -96.0%     9.9
LAUN  Launch Media      3.75   0.00    0.0%  -36.0%  -74.5%    50.9
LOIS  Loislaw.com       2.25   0.00    0.0%  -70.1%  -93.4%    47.3
VDAT  Visual Data       2.75   0.00    0.0%  -41.2%  -76.3%    23.1
KOOP  drkoop.com        0.88   0.00    0.0%  -28.9%  -90.8%    30.5
MKTW  MarketWatch.com   4.53  -0.03   -0.7%  -64.2%  -88.4%    74.4
SPLN  SportsLine.com    9.13  -0.13   -1.4%  -48.6%  -82.2%   241.0
EDGR  EDGAR Online      3.88  -0.06   -1.6%  -28.8%  -52.0%    48.3
IASIA Asiacontent.com   2.94  -0.06   -2.1%   -7.8%    N/A    100.9
ONES  OneSource        12.19  -0.38   -3.0%  -18.4%  -17.0%   142.4
HSTM  HealthStream      2.06  -0.22   -9.6%   -5.6%    N/A     41.2
MLTX  Multex.com       12.63  -1.38   -9.8%  -38.1%  -62.9%   383.7
STAD  Student Advantage 3.75  -0.47  -11.1%  -42.9%  -80.4%   135.4
NETR  NetRadio          0.66  -0.09  -12.5%  -44.0%  -88.5%     6.6
SCRM  ScreamingMedia    4.69  -0.69  -12.8%  -39.2%    N/A    175.4
TCTY  Talk City         0.63  -0.09  -13.0%  -46.0%  -96.5%    15.6
TPN   TownPagesNet      0.81  -0.13  -13.8%  -44.0%  -81.4%     7.8
ARTD  Artistdirect      1.97  -0.37  -16.0%  -23.2%    N/A     72.6
IMPV  ImproveNet        1.25  -0.25  -16.7%  -51.5%    N/A     20.9
INFO  Infonautics       1.28  -0.28  -18.0%  -41.3%  -73.8%    15.7
HOOV  Hoover's          3.31  -0.75  -18.5%  -27.3%  -44.0%    45.8
HCEN  HealthCentral.com 1.00  -0.44  -30.4%  -52.2%  -80.0%    45.1
HGAT  HealthGate Data   0.75  -0.38  -33.3%  -25.6%    N/A     13.4
TGLO  theglobe.com      0.53  -0.28  -34.6%  -56.4%  -93.1%    16.5
-------------------------------------------------------------------
      Content/Comm. Ave.              +2.1%         

Women's content network iVillage posts lower-than-expected Q3 losses, 
which for some reason stirred investors to drive up shares by 57% 
this week, even though IVIL warned that Q4 revenue would be flat or
decline slightly. This company is a cheap buyout waiting to happen. 
NBCi's president resigned last month, and the company reduced its 
Q3 net loss, but also warned that revenue growth would be flat for 
the next few quarters. End result: A 45% gain for the week. I sense 
the end is near for theglobe.com, as the company reported widening 
Q3 losses and announced it would lay off 41% of its workforce and 
sell off some business units.

                                E-TAILERS 

                         11/1   7-Day   7-Day  1-Month   YTD   Market
      Company           $Close $Change %Change %Change          Cap  
                     
PPOD  Peapod              1.38   0.38   37.5%  -44.4%  -88.2%   24.7
SFTY  eSAFETYWORLD        2.06   0.44   26.9%  -18.2%    N/A     6.2
EXPE  Expedia            13.38   2.19   19.6%  -33.2%  -66.8%  644.8
WBVN  Webvan              1.19   0.19   18.8%  -53.8%  -89.9%  411.8
AMZN  Amazon.com         37.38   5.50   17.3%  -46.2%  -68.6%   13.3B
PCLN  priceline.com       6.19   0.88   16.5%  -79.5%  -88.2%    1.0B
ROOM  Hotel Network      35.13   4.50   14.7%  -29.5%    N/A     1.9B
ALOY  Alloy Online        8.25   0.88   11.9%   -9.8%  -50.1%  172.4
DSCM  Drugstore.com       2.81   0.28   11.1%  -44.0%  -92.1%  149.3
SKDS  SmarterKids.com     1.94   0.19   10.7%   -3.5%  -73.7%   39.9
TMCS  Ticketmaster       15.56   1.06    7.3%  -46.5%  -68.5%    1.4B
ASFD  Ashford.com         2.25   0.13    5.9%  -27.0%  -77.4%  101.8
EFTD  FTD.COM             3.38   0.19    5.9%  -25.8%  -68.3%  164.2
FASH  Fashionmall.com     2.19   0.06    2.9%  -14.1%  -48.6%   16.4
SQST  SciQuest.com        4.30   0.02    0.4%  -61.2%  -95.6%  124

.6
HITS  Musicmaker.com      0.34   0.00    0.0%  -40.0%  -93.1%   11.4
BYND  Beyond.com          0.72   0.00    0.0%  -20.6%  -88.2%   27.4
EBKR  Ebookers.com        4.38   0.00    0.0%  -17.8%  -68.2%   74.5
FATB  Fatbrain.com        4.03   0.00    0.0%   -3.2%  -83.7%   52.6
EBAY  eBay               54.03  -0.03   -0.1%  -19.7%   -8.3%   14.5B
LMIN  Lastminute.com      8.06  -0.06   -0.8%  -13.1%    N/A   242.4
BNBN  barnesandnoble.com  3.88  -0.06   -1.6%  -40.0%  -72.7%  566.3
CTIX  Cheap Tickets      10.19  -0.19   -1.8%  -27.3%  -36.4%  246.9
COOL  Cyberian Outpost    3.03  -0.09   -3.0%  -30.0%  -66.5%   95.9
BFLY  Bluefly             2.38  -0.13   -5.0%  -21.4%  -71.0%   11.7
ETYS  eToys               3.81  -0.22   -5.4%  -38.6%  -85.0%  465.1
EMUS  EMusic.com          0.81  -0.06   -7.1%  -58.6%  -92.0%   35.0
ADBL  Audible             0.97  -0.09   -8.8%  -43.9%  -92.7%   26.7
ESTM  E-Stamp             0.63  -0.06   -9.1%  -52.4%  -96.9%   24.9
AMEN  Crosswalk.com       1.19  -0.13   -9.5%  -23.1%  -73.5%    9.3
IPET  Pets.com            0.53  -0.06  -10.5%  -46.9%    N/A    15.5
BUYX  BUY.COM             2.06  -0.25  -10.8%  -46.0%    N/A   270.6
EGGS  Egghead.com         2.22  -0.28  -11.2%  -32.2%  -87.6%   94.0
VSTY  Varsity Group       0.53  -0.09  -15.0%  -28.6%    N/A     8.4
BGST  BigStar             0.28  -0.06  -18.2%  -59.2%  -96.1%    2.9
GDEN  Garden.com          0.20  -0.05  -18.8%  -75.0%  -95.3%    3.6
INSW  InsWeb              2.31  -0.56  -19.6%   -1.7%  -92.3%   81.4
VSHP  VitaminShoppe.com   0.50  -0.13  -20.0%  -41.2%  -92.5%   10.2
AHWY  audiohighway.com    0.50  -0.13  -20.0%  -41.9%  -92.8%    3.2
TIXX  Tickets.com         0.97  -0.25  -20.5%    N/A   -90.3%   57.3
PLRX  PlanetRx.com        0.34  -0.12  -26.7%  -34.4%  -97.5%   17.7
--------------------------------------------------------------------
      E-tailers Ave.                    -0.8%         
                     
Online grocer Peapod reported larger-than-expected Q3 losses last
week, but shares rose anyway after the company projected an operating
profit in Chicago, its largest market, by the middle of next year.
Another online grocer, Webvan, also climbed this week after showing
widening quarterly losses. WBVN bottomed out late last month at
88 cents per share after Prudential Securities advised investors
to sell shares. Boy, there's some weak sheep in this flock - 13 stocks
are trading below $1 per share.

                             FINANCIAL SERVICES 

                        11/1   7-Day   7-Day  1-Month   YTD   Market
       Company         $Close $Change %Change %Change          Cap

CMGI  CMGI              20.69   4.00   24.0%  -59.0%  -87.9%    6.1B
ICGE  Internet Capital  15.50   2.81   22.2%  -60.7%  -93.4%    4.3B
TREE  LendingTree        3.53   0.50   16.5%  -48.3%    N/A    63.6
LINE  onlinetrading.com  3.81   0.53   16.2%  -43.0%  -72.2%   43.8
WITC  Wit Soundview      6.63   0.47    7.6%  -42.3%  -65.6%  599.7
EGRP  E*TRADE           14.38   0.69    5.0%  -35.7%  -49.7%    4.3B
NXCD  NextCard           8.06   0.34    4.5%  -11.8%  -70.1%  427.8
AMTD  Ameritrade        14.75   0.63    4.4%  -31.4%  -34.8%    2.6B
DVIN  divine Intervent.  3.00   0.06    2.1%  -49.5%    N/A   412.3
ECMV  E Com Ventures     0.91   0.00    0.0%  -13.9%  -68.7%    9.0
DIR   DLJdirect          4.88  -0.31   -6.0%  -33.3%  -62.9%  500.4
EELN  E-LOAN             2.72  -0.59  -17.9%   -3.6%  -77.8%  143.8
WEBS  Web Street         1.50  -0.34  -18.6%  -38.1%  -85.7%   38.7
NTBK  [email protected]           8.44  -2.19  -20.6%  -32.4%  -48.5%  250.3
MDCM  Mortgage.com       0.06  -0.59  -90.5%  -39.5%  -86.5%    2.8
--------------------------------------------------------------------
      Financial Services Ave.          -3.4%         
                     
The patient has been on death's door for some time, but even so, the
end came suddenly for online lender Mortgage.com, which on Tuesd

ay
announced it could no longer pay back bank loans and would lay off
most of it workers and sell its assets. By Wednesday, shares had 
fallen to 0.06 cents each, a plunge of nearly 91% (and that from 
0.59 cents per share!). E Com Ventures may be headed for the same
fate, as its market cap dwindles to below $10 million. CMGI gets
a bump after the company said last week that has "drastically" 
reduced cash burn. Don't expect the upward movement to last, though; 
CMGI merely was reiterating what the market already knew (that the
company has been laying off hundreds of workers) and got a PR bounce.
Those don't last long in a sea of red ink. 

                             E-COMMERCE ENABLERS
              
                       11/1   7-Day   7-Day  1-Month   YTD    Market
       Company        $Close $Change %Change %Change           Cap 

IMNY  I-Many           21.94   6.56   42.7%   23.3%    N/A    701.4
PRVW  Preview Systems   5.00   1.06   27.0%  -57.2%  -93.5%    85.6
BBSW  Broadbase        12.25   2.50   25.6%  -34.5%  -78.2%   582.0
BVSN  BroadVision      31.38   6.25   24.9%  -19.2%  -50.0%     8.4B
CYSV  Cysive            7.94   1.53   23.9%   -3.6%  -79.8%   222.1
USIT  U.S. Interactive  1.28   0.22   20.6%  -71.9%  -97.2%    33.3
GSPT  Global Sports     8.75   1.19   15.7%  -17.2%  -39.9%   189.9
SNHK  Sunhawk.com      14.00   1.88   15.5%  -31.3%    N/A     42.1
DRIV  Digital River     6.41   0.84   15.2%  -41.4%  -88.2%   140.3
PRTS  PartsBase.com     2.88   0.31   12.2%   -2.2%    N/A     40.5
ABTL  Autobytel.com     5.56   0.50    9.9%   32.4%  -57.0%   113.0
EPNY  E.piphany        96.31   7.19    8.1%  -16.0%  -66.3%     4.4B
PFSW  PFSweb            2.00   0.13    6.7%  -44.2%  -95.6%    35.7
OMKT  Open Market       3.25   0.19    6.1%  -63.4%  -93.6%   151.4
ITWO  i2 Tech.        171.50   7.00    4.3%   -1.2%  101.0%    34.0B
ARBA  Ariba           120.56   4.81    4.2%  -18.1%   55.9%    29.0B
NETP  Net Perceptions   3.56   0.13    3.6%  -63.9%  -88.2%    95.2
RETK  Retek            40.25   1.13    2.9%   -4.8%  -39.4%     1.9B
CLIC  Calico Commerce   3.38   0.09    2.9%  -52.5%  -94.0%   118.4
WEBM  webMethods       87.25   2.25    2.6%  -31.4%    N/A      4.1B
ONVI  Onvia.com         2.56   0.06    2.5%  -52.9%    N/A    206.9
AGIL  Agile Software   74.63   1.81    2.5%  -18.9%  -35.8%     3.5B
XCAR  XCare.net         5.50   0.13    2.3%  -18.4%    N/A     89.4
FIRE  FirePond          8.88   0.16    1.8%  -48.0%    N/A    315.6
PCOR  pcOrder.com       6.16   0.03    0.5%  -36.2%  -93.2%   103.9
CYCH  CyberCash         2.81   0.00    0.0%  -52.5%  -75.7%    72.8
FAIM  FairMarket        2.06   0.00    0.0%  -42.9%    N/A     58.4
HCOM  HomeCom           0.31   0.00    0.0%  -40.0%  -87.2%     2.8
ROWE  Rowecom           2.44   0.00    0.0%  -46.2%  -93.7%    30.2
BTBC  b2bstores.com     1.38   0.00    0.0%  -16.7%    N/A     11.9
EPAY  Bottomline       35.50  -0.25   -0.7%   -1.8%    4.7%   456.5
PPRO  PurchasePro.com  26.75  -0.50   -1.8%   30.4%  -36.3%     1.7B
CKCM  Click Commerce   27.44  -0.69   -2.4%    0.8%    N/A      1.0B
INTW  InterWorld        2.28  -0.09   -3.9%  -80.8%  -96.8%    66.6
PRSW  Persistence      11.00  -0.50   -4.3%  -39.3%  -56.2%   215.1
OPUS  Opus360           1.75  -0.09   -5.1%  -49.0%    N/A     87.9
CMRC  Commerce One     63.56  -3.44   -5.1%   -6.2%  -28.3%    12.0B
ZNGN  Zengine          12.25  -0.69   -5.3%    N/A     N/A    201.8
CORI  Corillian        14.50  -0.88   -5.7%   12.3%    N/A    463.0
ITRA  Intraware         7.63  -0.56   -6.9%  -45.6%  -93.1%   200.0
ELCO  Elcom Int.        3.25  -0.25   -7.1%  -24.7%  -87.5%    99.8
ORCC  Online Resources  4.13  -0.38   -8.3%    4.7%  -73.0%    47.8
LQID  Liquid Audio      4.38  -0.41   -8.5%  -36.3%  -83.2%    97.9
NVDC  Navidec           4.19  -0.50  -10.7%  -14.5%  -46.7%    46.1
CYBS  CyberSource       5.69  -0.69  -10.8%  -37.8%  -84.9%   197.9
DGIN  Digital Ins

ight  19.38  -2.50  -11.4%  -14.5%  -25.9%   559.8
CORI  Corillian        10.13  -1.44  -12.4%   12.5%    N/A    323.3
SBYN  SeeBeyond        16.06   2.69  -14.3%  -16.4%    N/A      1.2B
NEOF  Neoforma.com      1.63  -0.28  -14.8%  -50.3%    N/A    206.2
IMPV  ImproveNet        1.25  -0.25  -16.7%  -51.5%    N/A     20.9
SLTC  Selectica        26.13  -5.81  -18.2%  -20.3%    N/A    938.8
AWEB  Autoweb.com       0.56  -0.16  -21.7%  -38.2%  -89.4%    16.6
ARTG  Art Technology   66.73 -19.89  -23.0%  -16.5%   32.5%     4.5B
QSFT  Quest Software   42.13 -14.44  -25.5%    7.2%   14.6%     3.6B
QUOT  Quotesmith.com    0.94  -0.34  -26.8%  -12.5%  -83.3%    18.0
BRNC  Braun Consulting  8.94  -3.75  -29.6%  -27.2%  -79.6%   179.8
TANN  Tanning Tech.     5.13  -3.16  -38.1%  -57.7%  -88.2%   107.9
--------------------------------------------------------------------
      E-commerce Enablers Ave.        -1.0%         
                     
B2B contract software and services provider I-Many beats revenue
estimates and posts a net loss of 12 cents per share, slightly 
higher than the 11 cents per share from the year-ago quarter.
Preview Systems' recent gain is due more likely to a bounce off 
a new low than its Q3 numbers, which show $1.8 million in revenue
and a net loss of $5.4 million, or 31 cents per share. Tanning
Technology tumbles on downgrade to "neutral" by Salomon Smith
Barney, which forecasts slower growth, despite reporting healthy 
Q3 revenue and profits. 

                                 SECURITY

                        11/1   7-Day   7-Day  1-Month  YTD   Market
        Company        $Close $Change %Change %Change         Cap  

PILT  Pilot Network      3.38   1.13   50.0%  -45.6%  -72.2%   50.9
LTNX  Litronic           6.88   2.00   41.0%  -21.1%  -49.0%   68.0
VONE  V-ONE              1.88   0.38   25.0%  -46.4%  -74.5%   41.5
ITRU  InterTrust        10.00   1.81   22.1%  -62.6%  -88.7%  861.8
RSAS  RSA Security      57.59   4.09    7.7%   10.4%  -22.8%    2.3B
ENTU  Entrust           30.31   2.00    7.1%  -20.0%  -61.0%    1.9B
AXNT  AXENT             18.19   0.69    3.9%   -5.4%    7.2%  526.2
VLCT  ValiCert          16.38   0.50    3.1%  -19.3%    N/A   362.7
CYLK  Cylink             3.88   0.09    2.5%  -41.9%  -45.6%  119.5
CHKP  Check Point      152.81  -7.88   -4.9%   -6.0%  221.9%   23.5B
NETE  Netegrity         73.25  -3.94   -5.1%    0.8%   59.9%    2.2B
ISSX  Internet Security 88.00  -5.50   -5.9%    8.4%   31.9%    3.7B
WGRD  WatchGuard        50.00  -3.38   -6.3%  -24.6%   29.3%    1.2B
NSSI  Network-1          3.13  -0.50  -13.8%  -34.0%  -61.0%   19.5
--------------------------------------------------------------------
       Security Ave.                   +9.0%         
                     
Pilot Network Services leads this group and cracks the list of top 
10 gainers, but only in the wake of a spectacular meltdown that began 
in mid-October, when the company announced it would not meet 
expectations for its second quarter and that the results would be 
delayed due to the resignation of two financial executives. The Q2 
numbers came in Tuesday, and they showed a net loss of 57 cents 
per share, up from 38 cents per share in the year-ago quarter. PILT 
actually rose nearly 30% in trading the next day.  

                             PERFORMANCE SOFTWARE

                       11/1   7-Day   7-Day  1-Month   YTD   Market
       Company        $Close $Change %Change %Change          Cap  

BWEB  BackWeb           9.94   3.94   65.6%  -55.7%  -83.5%  373.2
WAVO  WAVO              0.50   0.16   45.5%  -31.8%  -86.8%   22.2
OTEX  Open Text        24.13   5.63   30.4%  -20.5%   14.1%  488.0
SONE  S1 Corp.         12.38   2.81   29.4%  -39.7%  -87.0%  683.1
ALLR  Allaire           8.00   1.81   29.3%  -31.3%  -89.6%  218.0
RHAT  Red Hat          15.31   3.19   26.3%  -35.7%  -86.1%    2.4B
MNDO  Mind C.T.I.      11.38   1.94   20.5%  -27.3%

    N/A   228.8
CLRN  Clarent          30.56   4.88   19.0%  -15.1%  -54.3%    1.0B
EVLV  Evolve Software  15.81   2.31   17.1%  -33.2%    N/A   578.0
WEBT  WebTrends        32.50   4.69   16.9%  -33.3%  -31.5%  851.4
SVCW  ServiceWare       5.91   0.84   16.7%  -45.7%    N/A   139.0
RNWK  RealNetworks     21.13   2.56   13.8%  -48.4%  -60.8%    3.3B
EXTN  Extensity        12.25   1.44   13.3%  -32.8%    N/A   292.3
PRSF  Portal Software  36.34   4.22   13.1%  -28.8%  -35.6%    5.9B
EMBT  Embarcadero      60.00   5.25    9.6%   17.9%    N/A     1.6B
PKSI  Primus Knowledge  8.44   0.69    8.9%  -73.9%  -87.4%  151.2
OTGS  OTG Software     30.75   2.50    8.8%   32.2%    N/A   792.3
NTOP  Net2Phone        19.50   1.13    6.1%  -27.6%  -56.9%    1.1B
CTRA  Centra Software   5.94   0.31    5.6%  -28.9%    N/A   143.5
VMDC  VantageMed        1.63   0.06    4.0%   -4.4%    N/A    14.0
BLSW  Bluestone Softwa 20.75   0.38    1.8%  -19.5%  -85.2%  431.1
LOUD  Loudeye           4.06   0.06    1.6%  -54.9%    N/A   150.4
VIGN  Vignette         29.31   0.13    0.4%  -13.8%  -43.7%    6.8B
VOCL  VocalTec          8.75  -0.06   -0.7%  -33.2%  -43.5%  106.0
COBT  Cobalt Networks  52.50  -1.50   -2.8%   -3.7%  -44.7%    1.6B
TIBX  Tibco Software   60.00  -1.75   -2.8%   -2.0%   47.0%   11.7B
CWLD  CrossWorlds      11.63  -0.50   -4.1%  -30.7%    N/A   301.6
NSPK  NetSpeak          7.50  -0.38   -4.8%  -42.9%  -66.4%  106.4
RWAV  Rogue Wave        4.63  -0.31   -6.3%  -10.8%  -29.4%   50.4
SWCM  Software.com    147.41 -10.84   -6.9%    2.2%   71.5%    7.2B
NESY  NEON Systems      6.69  -0.50   -7.0%  -39.5%  -79.0%   63.1
IWOV  Interwoven      109.25  -8.50   -7.2%    1.5%   91.5%    5.4B
WBSN  Websense         18.13  -1.44   -7.3%    3.9%    N/A   353.9
SSSW  SilverStream     22.88  -1.94   -7.8%   -5.2%  -78.3%  468.6
FVCX  FVC.com           2.75  -0.25   -8.3%  -62.2%  -80.2%   47.5
BLUE  Blue Martini     34.50  -3.50   -9.2%  -10.5%    N/A     2.4B
TMNT  Telemate.Net      1.56  -0.19  -10.7%  -44.1%  -91.0%   12.3
PASW  PASW              1.25  -0.16  -11.1%  -45.6%  -70.7%    5.6
IMAN  iManage           3.53  -0.47  -11.7%  -61.3%  -86.9%   82.2
IPIX  Internet Picture  2.19  -0.31  -12.5%  -74.4%  -86.0%  132.0
LBRT  Liberate         18.63  -2.81  -13.1%  -14.4%  -80.7%    1.9B
AVSR  Avistar           3.69  -0.56  -13.2%  -16.5%    N/A    92.5
VATA  Versata          14.81  -2.31  -13.5%  -34.9%    N/A   600.9
SQSW  Sequoia           5.25  -0.88  -14.3%  -37.3%    N/A   161.2
SABA  Saba Software    21.69  -3.88  -15.2%    7.0%    N/A   952.7
DTEC  Delano           13.06  -2.44  -15.7%   11.4%    N/A   393.7
SGNT  Sagent            2.31  -0.44  -15.9%  -70.9%  -90.7%   66.1
MONE  MatrixOne        28.31  -5.69  -16.7%  -16.5%    N/A     1.2B
SPRT  Support.com      14.50  -3.63  -20.0%  -34.5%    N/A   487.6
VIAD  Viador            4.75  -1.34  -22.1%  -46.3%  -87.3%   84.6
EPRS  Eprise            2.97  -1.53  -34.0%  -73.3%    N/A    74.7
NTGX  net.Genesis       4.05  -2.45  -37.7%   -3.8%    N/A    85.6
-------------------------------------------------------------------
      Performance Software Ave.       +0.9%         

Push software infrastructure provider BackWeb Technologies tops 
all 'Net tickers this week after beating street estimates with a 
Q3 net loss of 1 cent per share, compared to the 5 cents per share
net loss in Q3 '99. Multimedia content management provider WAVO
also benefits from reducing red ink. Customer management software
provider net.Genesis goes the other way, reporting increased losses.

                               INTERNET SERVICES 

                       11/1   7-Day   7-Day  1-Month   YTD   Market
      Company         $Close $Change %Change %Change          Cap
                    
NAVI  NaviSite         12.06   4.00   49.6%  -75.2%  -79.0%   681.8
HHNT  HeadHunter.NET    9.88   2.81   39.8%   -8.2%  -51.8%   183.6
INIT  Interliant        7.31   

2.03   38.5%  -45.4%  -79.1%   349.8
CRFH  Crayfish Co.      2.06   0.50   32.0%  -70.3%    N/A    104.9
STMP  Stamps.com        3.47   0.81   30.6%  -50.0%  -92.2%   170.4
LFMN  Lifeminders      12.69   2.75   27.7%  -63.1%  -82.0%   302.6
LPSN  LivePerson        2.44   0.47   23.8%  -68.1%    N/A     71.8
RCOM  Register.com      7.00   1.06   17.9%  -23.8%    N/A    223.9
SRCH  US SEARCH.com     0.88   0.13   16.7%  -44.7%  -88.2%    16.0
IBAS  iBasis            9.00   1.25   16.1%  -50.3%  -64.7%   306.8
CLAI  Claimsnet.com     2.50   0.34   15.9%  -43.3%  -76.9%    23.0
USIX  USinternetworking 3.25   0.44   15.6%  -50.0%  -90.7%   314.8
EQIX  Equinix           9.75   1.25   14.7%  -30.6%    N/A    719.3
NTWO  N2H2              1.38   0.16   12.8%  -31.8%  -91.3%    30.9
SAPE  Sapient          34.52   3.58   11.6%  -14.5%  -42.9%     4.1B
HLTH  WebMD            12.50   1.13    9.9%  -27.7%  -72.1%     2.7B
IPRT  iPrint.com        1.47   0.13    9.3%  -36.0%    N/A     44.0
WEBX  WebEx            42.31   3.25    8.3%   29.2%    N/A      1.5B
CONV  Convergent        3.72   0.22    6.3%  -13.6%  -75.6%   110.0
EXDS  Exodus           33.88   1.81    5.7%  -43.5%  -14.7%    14.1B
CPTH  Critical Path    49.25   2.38    5.1%  -34.1%  -45.4%     3.1B
SKIL  SkillSoft        18.31   0.81    4.6%   -9.2%    N/A    242.7
WNET  WHEREVER.net      1.50   0.06    4.3%  -40.4%    N/A     37.1
LIOX  Lionbridge        9.13   0.38    4.3%  -13.2%  -56.0%   249.2
NETZ  Netzee            2.91   0.09    3.3%  -16.2%  -74.6%    64.0
MRBA  Marimba           5.94   0.19    3.3%  -63.3%  -87.0%   139.1
KANA  Kana             24.81   0.69    2.8%  -45.0%  -81.5%     2.3B
CLKS  click2learn.com  13.88   0.19    1.4%    1.5%   22.9%   234.0
ECRU  E-Cruiter.com     2.78   0.03    1.1%  -24.6%  -56.1%    21.4
VCNT  Vicinity         10.38   0.00    0.0%  -14.4%    N/A    291.4
HOTJ  HotJobs.com      16.00  -0.13   -0.8%  -24.6%  -67.6%   578.3
CTCH  CommTouch        12.06  -0.13   -1.0%  -26.7%  -69.2%   184.1
KEYN  Keynote Systems  25.17  -0.33   -1.3%  -26.3%  -71.0%   696.8
CRIO  Corio             4.78  -0.22   -4.4%  -57.8%    N/A    231.8
ILND  Interland         4.75  -0.25   -5.0%  -26.3%    N/A    221.8
ITXC  ITXC             10.31  -0.69   -6.3%  -34.4%  -66.0%   397.4
ACRU  Accrue Software   4.66  -0.34   -6.9%  -48.7%  -83.0%   136.2
CAVN  Cavion            2.31  -0.19   -7.5%  -35.6%  -58.7%    11.5
WQNI  WorldQuest        3.31  -0.31   -8.6%   -1.7%    N/A    21.1
BWAY  Breakaway Sol.    5.69  -0.69  -10.8%  -51.8%  -82.9%   256.0
EGAN  eGain             6.16  -0.78  -11.3%  -34.3%  -80.4%   219.8
FUSN  Fusion Networks   0.69  -0.09  -12.0%  -21.0%    N/A     25.5
DIGX  Digex            40.94  -6.06  -12.9%  -15.6%  -24.5%     2.6B
VRSN  VeriSign        127.31 -20.13  -13.6%  -15.8%   -9.7%    24.8B
MDLI  MedicaLogic       3.47  -0.56  -14.0%  -31.9%  -84.8%   191.6
EVOK  Evoke             4.69  -0.81  -14.8%  -37.5%    N/A    219.3
CHRD  Chordiant         6.34  -1.12  -15.1%  -32.9%    N/A    233.5
MAIL  Mail.com          3.63  -0.69  -15.9%  -32.4%  -77.0%   216.6
DRTN  Data Return      12.03  -3.03  -20.1%  -35.6%  -70.1%   427.8
SVVS  Savvis            3.88  -1.19  -23.5%  -50.0%    N/A    360.2
EGRT  Egreetings        0.31  -0.13  -28.6%  -45.7%  -93.6%    11.1
--------------------------------------------------------------------
      Internet Services Ave.          +3.8%         

Concerns and questions about the future of CMGI's holding companies 
pushed NaviSite to new lows late last month, but shares rebounded
sharply this week. Job site Headhunter.net gets a boost from 
investors in the wake of Q3 numbers showing a 419% increase in 
revenues and reduced operating losses. Call me presumptuous, but I 
sense problems over at online card provider Egreetings Network. 
Last week the company announced a wider-than-expected Q3 loss, the 
resignation of its CEO and layoffs of one-third 

of its workforce. 
 
                             ADVERTISING/MARKETING 

                         11/1    7-Day   7-Day  1-Month   YTD   Market
       Company          $Close  $Change %Change %Change           Cap   

NTCR  NetCreations       8.00    2.31    40.7%  -57.3%  -89.6%  124.0
CBLT  Cobalt             3.33    0.89    36.5%  -38.6%  -68.8%   58.8
PRME  Prime Response     4.19    1.06    34.0%  -38.5%    N/A    86.6
DCLK  DoubleClick       18.50    4.31    30.4%  -74.8%  -91.2%    2.3B
APLN  @Plan.Inc          5.94    1.31    28.4%  -38.2%  -56.6%   67.2
LNTY  L90                5.81    1.00    20.8%  -22.9%    N/A   130.0
BFRE  Be Free            4.03    0.41    11.2%  -36.5%  -91.1%  262.9
DIGI  Digital Impact     5.13    0.38     7.9%  -39.7%  -88.9%  127.0
AVEA  Avenue A           4.48    0.23     5.5%  -57.1%    N/A   260.4
TFSM  24/7 Media         5.56    0.06     1.1%  -56.1%  -90.4%  198.0
HPOL  Harris Interactive 3.75    0.00     0.0%  -18.9%  -68.8%  128.2
CSAV  coolsavings.com    1.34    0.00     0.0%  -37.8%    N/A    52.5
MYPT  MyPoints.com       2.31   -0.03    -1.3%  -71.1%  -96.8%   68.0
NTRT  NetRatings        17.13   -1.00    -5.5%    8.0%  -61.7%  556.3
VCLK  ValueClick         3.94   -0.56   -12.5%  -56.2%    N/A   110.3
NCNT  Netcentives        7.19   -1.41   -16.4%   -3.3%  -85.8%  306.3
ENGA  Engage             4.19   -1.19   -22.1%  -53.7%  -85.7%  753.0
MPLX  Mediaplex          2.06   -0.59   -22.4%  -54.5%  -95.0%   69.4
-----------------------------------------------------------------------
       Advertising/Marketing Ave.       +7.6%         
                     
A second consecutive strong week for this deflated group (top YTD 
performer is @plan.inc, which is down nearly 57%). Opt-in e-mail 
marketer NetCreations has nearly doubled off its all-time closing 
low of $4.19 on Oct. 17. The Cobalt Group has gained about 10% since 
Oct. 23 release of Q3 results showing a 79 cents per share loss, but
it's been up and down since then and appears to be settling in around 
the $3 per share mark.

                              CONSULTANTS/DESIGNERS

                        11/1   7-Day  7-Day   1-Month   YTD   Market
       Company         $Close  Change %Change %Change          Cap
                     
MRCH  marchFIRST         6.19   2.00   47.8%  -42.2%  -78.8%  929.4
XPDR  Xpedior            2.44   0.56   30.0%  -57.8%  -92.7%  123.2
MMPT  Modem Media        6.88   1.56   29.4%  -38.5%  -87.6%  168.5
MSPR  Mainspring         7.19   1.38   23.7%  -41.9%    N/A   135.2
INFT  Inforte           30.38   3.06   11.2%  -26.4%    N/A   381.8
LUMT  Luminant           1.88   0.13    7.1%  -66.7%  -95.7%   50.8
SCNT  Scient            18.25   1.13    6.6%  -40.1%  -79.9%    1.3B
PXCM  Proxicom          13.19   0.63    5.0%  -51.0%  -80.8%  744.2
GENI  GenesisIntermedia 15.31   0.31    2.1%    0.4%  182.0%   99.0
DTAS  Digitas           17.38   0.25    1.5%   -3.5%    N/A   999.7
CVGP  Convergent         7.94   0.09    1.2%   76.7%    N/A   344.6
IISX  Integrated Info.   3.00   0.00    0.0%  -49.0%    N/A    61.4
RAZF  Razorfish          4.69   0.00    0.0%  -61.6%  -89.1%  445.3
PECS  PEC Solutions      6.88  -0.25   -3.5%   -6.8%    N/A   153.1
PRFT  Perficient        13.50  -0.50   -3.6%    9.5%   11.0%   82.0
ACOM  AGENCY.COM        11.00  -0.63   -5.4%  -39.5%  -76.3%  391.6
VIAN  Viant              5.63  -0.50   -8.2%  -10.8%  -86.9%  269.7
OGNC  Organic            3.19  -0.31   -8.9%  -38.7%    N/A   280.4
DTAS  Digitas           12.50  -2.00  -13.8%  -18.0%    N/A   719.2
LNTE  Lante              3.63  -0.63  -14.7%  -40.6%    N/A   143.2
IIXL  iXL Enterprises    2.38  -0.59  -20.0%  -49.4%  -95.1%  179.8
----------------------------------------------------------------------
       Consultants/Designers Ave.      +4.2%         

Internet consultant marchFIRST bounces off its new all-time low 
closing price of $4.19 set Oct. 25, but 

the upward momentum should 
be short-lived, since company officials already have issued warnings 
about Q4 results and few analysts are offering strong support for 
the stock. Xpedior's struggle to stay above $2 per share propels 
it to the head of this group. iXL announces more layoffs.

                                 SPEED/BANDWIDTH 

                        11/1   7-Day   7-Day   1-Month   YTD    Market
        Company        $Close $Change %Change %Change           Cap 

TUTS  Tut Systems       33.88    6.75   24.9%  -35.8%    5.3%  529.2
FFIV  F5 Networks       32.94    5.94   22.0%  -30.9%  -73.7%  708.6
TERN  Terayon           22.69    3.63   19.0%   -9.3%   42.1%    1.4B
NENG  Network Engines   30.75    4.50   17.1%  -17.3%    N/A     1.1B
ATHM  At Home           11.13    1.50   15.6%  -43.1%  -76.6%    4.5B
RDWR  Radware           22.56    2.69   13.5%  -20.1%  -39.9%  357.7
CFLO  CacheFlow        119.50   13.25   12.5%   -3.0%    3.3%    4.7B
SONS  Sonus Networks    38.88    3.63   10.3%  -29.1%    N/A     7.1B
INAP  InterNAP          16.75    0.81    5.1%  -45.3%  -78.3%    2.4B
PKTR  Packeteer         23.50    1.00    4.4%  -56.8%  -67.8%  639.4
CSCO  Cisco Systems     52.13    1.50    3.0%  -12.0%   10.9%  367.1B
RAMP  Ramp Networks      2.19    0.00    0.0%  -62.0%  -86.6%   47.4
AKAM  Akamai            50.31   -0.06   -0.1%  -20.7%  -83.7%    5.4B
IBEM  iBEAM              6.00   -0.06   -1.0%  -29.1%    N/A   649.9
BRCM  Broadcom         215.34   -2.53   -1.2%   -4.7%   79.2%   47.8B
WGAT  WorldGate         17.75   -0.25   -1.4%  -29.2%  -59.1%  384.6
RSNT  Resonate          40.88   -0.63   -1.5%   24.0%    N/A     1.1B
CAIS  CAIS Internet      4.31   -0.25   -5.5%  -12.8%  -81.8%   99.7
COVD  Covad              5.97   -0.37   -5.9%  -42.0%  -74.9%  924.1
COSN  Cosine            30.63   -1.94   -6.0%    N/A     N/A     3.1B
JNPR  Juniper Networks 183.38  -12.25   -6.3%    9.2%  340.2%   57.8B
SCMR  Sycamore Network  61.25   -4.25   -6.5%  -25.9%  -16.2%   15.0B
HSAC  High Speed Acces   3.03   -0.34  -10.2%  -46.5%  -85.3%  168.8
INKT  Inktomi           67.19  -16.63  -19.8%  -34.3%   -0.9%    7.7B
AVCI  Avici Systems     39.94  -11.81  -22.8%  -23.0%    N/A     1.9B
----------------------------------------------------------------------
      Speed/Bandwidth Ave.              +2.2%     
    
Tut Systems, a provider of broadband services for multi-tenant 
dwellings, beat Q3 estimates last month, posting a net profit of 
11 cents per share and more than tripling revenue. This performance
triggered a slew of analysts' upgrades, yet shares dropped in the days
following Tut's earnings release. Now the stock appears to be coming 
back. F5 Networks gets a "strong buy" rating from First Union after
posting 7 cents per share profit for the third quarter.

                             ISPs/ACCESS PROVIDERS

                        11/1   7-Day   7-Day   1-Month  YTD   Market
          Company       $Close $Change %Change %Change         Cap
                     
NPLI  Netpliance         1.63   0.44   36.8%   -48.7%    N/A    98.2
ATHY  AppliedTheory      5.38   1.38   34.4%   -36.8%  -82.3%  133.4
TLCT  Telocity Delaware  2.81   0.56   25.0%   -54.4%    N/A   238.7
ISLD  Digital Island    14.50   2.50   20.8%   -46.2%  -84.9%    1.0B
FREE  Freeserve         24.69   3.69   17.6%   -35.9%  -70.1%    2.5B
AGCX  Asia Global        7.13   0.94   15.2%     N/A     N/A     N/A
FSST  FASTNET            1.25   0.13   11.1%   -16.0%    N/A    18.7
GEEK  Internet America   1.63   0.09    6.1%   -54.5%  -85.6%   15.8
IDTC  IDT Corp.         35.00   1.94    5.9%   -17.8%   80.2%    1.3B
IZAP  ZapME!             2.09   0.09    4.7%     N/A   -75.5%   94.6
VNWI  VIA NET.WORKS      7.00   0.25    3.7%   -30.6%    N/A   417.8
QSCG  QS Communication  11.88   0.13    1.1%   -30.4%    N/A   605.3
DDDC  Deltathree.com     3.00   0.00    0.0%   -46.0%  -86.5%   86.5
RMII  RMI.Ne

t            1.31   0.00    0.0%   -46.8%  -86.5%   28.7
PCNTF Pacific Internet   6.94  -0.06   -0.9%   -61.1%  -88.3%   87.7
HANA  Hanaro Telecom     4.69  -0.06   -1.3%    11.0%    N/A     1.2B
PSIX  PSINet             6.73  -0.11   -1.6%   -42.2%  -79.5%    1.3B
IAWK  Iasiaworks         7.69  -0.13   -1.6%   -28.1%    N/A   302.1
DSLN  DSL.net            2.84  -0.09   -3.2%   -35.7%  -78.8%  187.3
ELNK  EarthLink          6.31  -0.25   -3.8%   -37.0%  -83.4%  788.6
NZRO  NetZero            1.88  -0.09   -4.8%   -45.5%  -92.4%  229.5
IGLD  Internet Gold      2.88  -0.19   -6.1%   -46.9%  -84.4%   53.0
GIGM  GigaMedia          5.00  -0.38   -7.0%   -29.9%    N/A   244.2
FSST  FASTNET            2.34  -0.22   -8.5%    17.2%    N/A    35.1
PRGY  Prodigy            4.56  -0.44   -8.8%   -45.6%  -74.0%  318.7
KOREA Korea Thrunet      6.25  -0.88  -12.3%   -36.2%  -92.6%  449.8
IIJI  Internet/Japan    27.81  -3.94  -12.4%   -21.0%  -65.3%    1.3B
JWEB  Juno Online        2.78  -0.50  -15.2%   -48.3%  -91.2%  108.1
LOAX  Log On America     1.88  -0.38  -16.7%   -26.0%  -88.1%   16.5
PNVN  PNV                0.47  -0.12  -21.0%   -44.4%  -91.7%    7.5
ZIPL  Ziplink            1.80  -0.77  -29.9%   -42.4%  -79.3%   23.3
---------------------------------------------------------------------
      ISP/Access Provider Ave.         +0.9%         

One one stock in this group has gained for the year, and that's
IDC. Shares were losing ground this week until they gained 25% on
Tuesday alone after the company announced it will split in two.
IFT Telecom will handle the international long-distance telco
business, while IDT Ventures will be comprised of the company's
Internet-related projects. The news caused investors to overlook
Q4 loss of $53 million, or $1.37 per share, up from last year's 
loss of $1.2 million, or 4 cents per share. Ziplink has run out
of money to pay its creditors and is now seeking a buyer.

******************************************************************
For more of Chris Nerney's Internet stock analysis, check out his
Internet StockTracker on The Internet Stock Report at:
http://www.internetstockreport.com/tracker/

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