They may still be fighting over the presidential vote count in the Sunshine State, but for Internet investors, the election results are in – and everybody lost.
All 13 ‘Net sectors were down this week as the turmoil in Florida forces the market into a defensive shell. Some more bad earnings reports and the Fed’s continued anti-inflation stance, which leaves open the threat of interest-rate hikes, don’t help.
At least the freefall that ensued in the first few days after the nation voted has abated. If a victor emerges over the weekend in Florida – or, more precisely, if a candidate finally concedes – then the market could shift into gear. However, if there is no firm resolution, look for more wheel-spinning. Unless, of course, the presidential battle drags on and on, in which case the market may finally ignore the whole depressing thing and get on with its business.
*Market Cap figure is in millions unless otherwise noted.
PERFORMANCE BY SECTOR Ave. 7-Day % Change Security -2.6% Wireless -6.1% Performance Software -7.3% E-commerce Enablers -7.6% Content/Communities -9.5% Search/Portals -10.0% Financial Services -10.6% Consultants/Designers -11.7% E-tailers -11.8% Internet Services -11.9% Speed/Bandwidth -12.1% ISPs/Access Providers -12.9% Advertising/Marketing -13.7% TOP 10 GAINERS 7-Day % Gain Category MPPP MP3.com 65.0% Content/Communities MDCM Mortgage.com 50.1% Financial Services USIX USinternetworking 39.0% Internet Services EMUS EMusic.com 37.5% E-tailers EPRS Eprise 34.5% Performance Software ECRU E-Cruiter.com 34.0% Internet Services PPOD Peapod 33.3% E-tailers SCRM ScreamingMedia 26.0% Content/Communities XCAR XCare.net 24.1% E-Commerce Enablers LQID Liquid Audio 22.5% E-Commerce Enablers OMNY OmniSky 22.4% Wireless TOP 10 LOSERS 7-Day % Loss Category VCIX Virtual Communities -83.3% Performance Software GDEN Garden.com -70.0% E-tailers NENG Network Engines -61.5% Speed/Bandwidth ICGE Internet Capital -45.4% Financial Services FUSN Fusion Networks -44.4% Internet Services TFSM 24/7 Media -44.1% Advertising/Marketing PASA quepasa.com -40.0% Content/Communities DSLN DSL.net -38.6% ISPs/Access Providers VCNT Vicinity Corp. -38.0% Internet Services IBEM iBEAM -37.9% Speed/Bandwidth ******************************************************************** WIRELESS PRODUCTS/SERVICES 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap OMNY OmniSky 12.13 2.22 22.4% N/A N/A 790.0 MCOM Metricom 15.81 1.44 10.0% -45.5% -75.8% 485.7 WFII Wireless Facil. 51.13 3.13 6.5% -24.7% 35.1% 2.2B PRTH Parthus Tech. 29.38 -0.63 -2.1% -8.7% N/A 1.5B IWAV interWAVE 4.19 -0.13 -2.9% -49.0% N/A 202.9 ULCM Ulticom 49.00 -2.31 -4.5% -18.1% N/A 1.8B GOAM GoAmerica 9.69 -0.50 -4.9% 6.7% N/A 497.7 IIIM i3 Mobile 6.31 -0.44 -6.5% -21.2% N/A 144.0 PHCM Phone.com 90.31 -6.56 -6.8% 1.1% -11.7% 7.5B AETH Aether Systems 106.75 -8.69 -7.5% -38.0% 24.6% 4.2B HAND Hands pring 75.00 -8.31 -10.0% 69.3% N/A 9.4B VYYO Vyyo 24.00 -2.75 -10.3% -27.3% N/A 900.9 PALM Palm 51.69 -6.19 -10.7% 6.6% N/A 29.2B INSP InfoSpace 20.50 -2.56 -11.1% -50.1% -62.1% 6.0B PUMA Puma Technology 13.13 -1.69 -11.4% -32.3% -76.7% 555.3 AVGO Avantgo 9.50 -1.25 -11.6% N/A N/A 316.8 SVNX 724 Solutions 23.06 -3.75 -14.0% -38.0% N/A 866.1 RIMM Research/Motion 88.25 -21.63 -19.7% 46.5% 171.0% 6.3B GWRX Geoworks 4.11 -1.08 -20.8% -52.7% -68.3% 89.0 ------------------------------------------------------------------- Wireless Ave. -6.1% Wireless Internet and e-mail access provider OmniSky form a pact to develop a wireless advertising model and standards. (Wouldn't it be great if they can figure out how to effectively deliver wireless ads to handhelds before they figure out how to do it with any other content? Just kidding.) The deal prompted Morgan Stanley to start coverage of OMNY with a "strong buy" rating and a $25 price target. Research in Motion and Handspring are the only strong gainers in this sector during the past troubled month. SEARCH/PORTALS 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap NTES Netease.com 4.94 0.00 0.0% -46.4% N/A 148.6 SOHU Sohu.com 3.06 0.00 0.0% -44.0% N/A 95.6 DIG Disney-Internet 7.38 -0.25 -3.3% -50.2% -67.6% 1.1B GOTO GoTo.com 14.75 -0.75 -4.8% -52.3% -84.0% 769.8 LOOK LookSmart 7.94 -0.44 -5.2% -55.2% -75.1% 711.5 SINA SINA.com 6.66 -0.47 -6.6% -71.0% N/A 272.5 BOUT About.com 23.75 -2.75 -10.4% -50.9% -77.6% 428.7 YHOO Yahoo! 57.13 -7.88 -12.1% -54.7% -75.4% 31.4B AOL America Online 49.44 -6.86 -12.2% -22.1% -37.0% 114.9B STRM StarMedia 7.00 -1.00 -12.5% -42.3% -85.4% 460.7 AOLA AOL/Latin Am. 5.72 -0.91 -13.7% -39.3% N/A 1.5B ASKJ Ask Jeeves 13.19 -2.44 -15.6% -51.7% -88.6% 470.5 TRLY Terra Lycos 19.63 -3.63 -15.6% N/A N/A N/A CHINA Chinadotcom 8.81 -3.50 -28.4% -63.0% -81.1% 770.0 ------------------------------------------------------------------- Search/Portals Ave. -10.0% From the Where Have We Seen This Before Dept.: An Internet company's shares plummet after news of widening quarterly losses and layoffs. In this case the company is Chinadotcom, which posted a net loss of $20.5 million in Q3, more than four times the $5 million net loss in the year-ago quarter. Forty CHINA workers will get the axe. In other China portal news, SINA.com remains the biggest loser in this group for the past month, falling 71%, while Netease.com tops the sector in the wake of a quarterly report showing stronger revenue growth than its competitors. Terra Lycos is on the downside of its merger bump. CONTENT/COMMUNITIES 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap MPPP MP3.com 6.19 2.44 65.0% -45.7% -90.6% 421.9 SCRM ScreamingMedia 5.91 1.22 26.0% -39.2% N/A 221.0 SPLN SportsLine.com 8.69 0.50 6.1% -48.6% -82.2% 229.5 DTHK DigitalThink 30.88 1.27 4.3% 15.0% N/A 1.1B VDAT Visual Data 3.56 0.06 1.8% -41.2% -76.3% 29.9 NETR NetRadio 0.69 0.00 0.0% -44.0% -88.5% 6.9 TURF iTurf 0.88 0.00 0.0% -42.9% -93.4% 18.5 TGLO theglobe.com 0.63 0.00 0.0% -56.4% -93.1% 19.4 ARTD Artistdirect 0.75 -0.03 -4.0% -61.9% N/A 27.6 MLTX Multex.com 10.00 -0.44 -4.2% -38.1% -62.9% 303.9 LOIS Loislaw.com 1.88 -0.13 -6.3% -70.1% -93.4% 39.4 IASIA Asiacontent.com 1.75 -0.13 -6.7% -59.6% N/A 60.1 MKTW MarketWatch.com 4.94 -0.38 -7.1% -64.2% -88.4% 81.1 EWBX EarthWeb 16.25 -1.31 -7.5% -8.3% -79.2% 169.1 KOOP drkoop.com 0.75 -0.06 -7.7% -28.9% -90.8% 26.2 SWBD Switchboard 6.19 -0.56 -8.3% -17.4% N/A 152.6 ONES OneSource 11.69 -1.25 -9.7% -18.4% -17.0% 136.6 IMPV ImproveNet 1.00 -0.13 -11.1% -51.5% N/A 16.7 STAD Student Advantage 3.94 -0.50 -11.3% -42.9% -80.4% 142.2 EDGR EDGAR Online 3.31 -0.44 -11.7% -28.8% -52.0% 41.3 HGAT HealthGate Data 0.63 -0.09 -13.0% -25.6% N/A 11.2 WOMN Women.com 1.00 -0.16 -13.5% -37.5% -85.7% 46.8 SALN Salon.com 1.19 -0.19 -13.6% -46.7% -78.2% 16.5 CNET CNET Networks 26.19 -4.31 -14.1% -28.6% -62.3% 2.3B INTM internet.com 17.13 -2.88 -14.4% -35.5% -61.7% 429.7 TSCM TheStreet.com 3.50 -0.63 -15.2% -39.8% -79.1% 93.8 HOMS Homestore.com 31.31 -6.06 -16.2% -30.6% -49.0% 2.6B NBCI NBC Internet 6.13 -1.19 -16.2% -31.9% -93.2% 383.0 QKKA Quokka Sports 2.17 -0.42 -16.3% -36.8% -72.0% 100.7 HCEN HealthCentral.com 1.03 -0.20 -16.5% -52.2% -80.0% 46.6 LAUN Launch Media 2.75 -0.56 -17.0% -36.0% -74.5% 37.3 VERT VerticalNet 20.19 -4.19 -17.2% -45.0% -70.8% 1.7B HSTM HealthStream 1.75 -0.38 -17.6% -5.6% N/A 35.0 HOOV Hoover's 2.88 -0.63 -17.9% -27.3% -44.0% 39.7 TCTY Talk City 0.56 -0.13 -18.2% -46.0% -96.5% 14.1 INFO Infonautics 1.03 -0.28 -21.4% -41.3% -73.8% 12.6 SCRM ScreamingMedia 4.63 -1.28 -21.7% -39.2% N/A 173.1 IVIL iVillage 2.25 -0.63 -21.7% -72.1% -91.9% 66.8 SNOW Snowball.com 1.19 -0.41 -25.5% -54.4% N/A 44.5 KNOT Knot 1.31 -0.59 -31.1% -2.3% -65.3% 19.2 PASA quepasa.com 0.28 -0.19 -40.0% -57.1% -96.0% 5.3 -------------------------------------------------------------------- Content/Comm. Ave. -9.5% Every few months or so Internet music site MP3.com settles one of the many lawsuits brought by song publishers, triggering a run-up for the company's otherwise beleaguered stock. It happened in June, and it happened this week when MPPP cut a deal with Universal. However, June's rally was shortlived, and this one will be too, for news of the settlement soon was followed by reports that MP3.com is facing a new class-action lawsuit brought on behalf of a number of musicians. But at least for this week, MPPP is the brightest star in the tarnished Internet galaxy. Things aren't quite as upbeat on the other end of town, where Hispanic Web network Quepasa.com said it was laying off two-thirds of its staff and looking for a buyer. Shares were going for a quarter apiece by Thursday. E-TAILERS 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap EMUS EMusic.com 1.03 0.28 37.5% -58.6% -92.0% 44.5 PPOD Peapod 2.50 0.63 33.3% -44.4% -88.2% 44.9 ASFD Ashford.com 2.25 0.25 12.5% -27.0% -77.4% 101.8 VSTY Varsity Group 0.44 0.00 0.0% -28.6% N/A 6.9 ALOY Alloy Online 7.69 -0.06 -0.8% -9.8% -50.1% 160.7 SFTY eSAFETYWORLD 1.78 -0.03 -1.7% -18.2% N/A 5.3 FASH Fashionmall.com 2.00 -0.06 -3.0% -14.1% -48.6% 15.0 SKDS SmarterKids.com 1.94 -0.06 -3.1% -3.5% -73.7% 39.9 FATB Fatbrain.com 3.56 -0.13 -3.4% -3.2% -83.7% 46 .5 AMEN Crosswalk.com 1.31 -0.06 -4.5% -23.1% -73.5% 10.2 CTIX Cheap Tickets 9.97 -0.53 -5.1% -27.3% -36.4% 241.6 TMCS Ticketmaster 14.19 -0.81 -5.4% -46.5% -68.5% 1.3B BYND Beyond.com 0.53 -0.03 -5.5% -20.6% -88.2% 20.3 EGGS Egghead.com 1.91 -0.12 -6.2% -32.2% -87.6% 80.7 INSW InsWeb 2.13 -0.16 -6.8% -1.7% -92.3% 74.8 ROOM Hotel Network 34.50 -2.63 -7.1% -29.5% N/A 1.9B BNBN barnesandnoble.com 2.88 -0.28 -8.9% -40.0% -72.7% 420.2 PLRX PlanetRx.com 0.28 -0.03 -10.0% -34.4% -97.5% 14.5 EXPE Expedia 14.00 -1.56 -10.0% -33.2% -66.8% 675.0 BGST BigStar 0.25 -0.03 -11.1% -59.2% -96.1% 2.5 EBAY eBay 45.81 -5.81 -11.3% -19.7% -8.3% 12.3B BFLY Bluefly 1.81 -0.25 -12.1% -21.4% -71.0% 8.9 IPET Pets.com 0.22 -0.03 -12.5% -46.9% N/A 6.4 AMZN Amazon.com 29.50 -4.38 -12.9% -46.2% -68.6% 10.5B EBKR Ebookers.com 3.50 -0.63 -15.2% -17.8% -68.2% 59.6 PCLN priceline.com 2.75 -0.50 -15.4% -79.5% -88.2% 458.2 ADBL Audible 0.78 -0.16 -16.7% -43.9% -92.7% 21.5 COOL Cyberian Outpost 2.50 -0.53 -17.5% -30.0% -66.5% 79.1 EFTD FTD.COM 2.66 -0.59 -18.3% -25.8% -68.3% 129.2 BUYX BUY.COM 1.34 -0.31 -18.9% -46.0% N/A 176.3 SQST SciQuest.com 2.47 -0.62 -20.2% -61.2% -95.6% 71.6 VSHP VitaminShoppe.com 0.50 -0.14 -22.0% -41.2% -92.5% 10.2 ETYS eToys 2.00 -0.56 -22.0% -38.6% -85.0% 244.0 WBVN Webvan Group 1.06 -0.31 -22.7% -53.8% -89.9% 368.4 LMIN Lastminute.com 5.00 -1.50 -23.1% -13.1% N/A 150.3 DSCM Drugstore.com 2.59 -1.00 -27.8% -44.0% -92.1% 137.7 AHWY audiohighway.com 0.47 -0.22 -31.8% -41.9% -92.8% 3.0 ESTM E-Stamp 0.38 -0.22 -36.8% -52.4% -96.9% 15.0 TIXX Tickets.com 0.55 -0.33 -37.5% N/A -90.3% 32.3 GDEN Garden.com 0.09 -0.22 -70.0% -75.0% -95.3% 1.7 -------------------------------------------------------------------- E-tailers Ave. -11.8% EMusic.com soars on rumors that it is being considered for acquisition by German media conglomerate Bertelsmann. Online grocer Peapod benefits from the demise of competitor Streamline.com. Garden.com joins Pets.com and MotherNature.com in dot.com heaven as the company announces it is closing its doors and trading is halted. After weeks of valiant resistance, it looks as though Amazon.com is finding a new home below the $30 per share mark. FINANCIAL SERVICES 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap MDCM Mortgage.com 0.09 0.03 50.1% -39.5% -86.5% 4.2 WITC Wit Soundview 7.00 0.19 2.8% -42.3% -65.6% 633.7 NXCD NextCard 10.00 0.06 0.6% -11.8% -70.1% 530.6 ECMV E Com Ventures 0.94 0.00 0.0% -13.9% -68.7% 9.3 EELN E-LOAN 2.75 0.00 0.0% -3.6% -77.8% 145.5 LINE onlinetrading.com 4.13 -0.19 -4.3% -43.0% -72.2% 47.3 EGRP E*TRADE 12.69 -0.75 -5.6% -35.7% -49.7% 3.8B DIR DLJdirect 4.50 -0.38 -7.7% -33.3% -62.9% 461.9 WEBS Web Street 1.25 -0.13 -9.1% -38.1% -85.7% 32.2 AMTD Ameritrade 13.56 -1.69 -11.1% -31.4% -34.8% 2.4B TREE LendingTree 4.53 -0.66 -12.6% -48.3% N/A 81.7 DVIN divineInterventur 2.50 -0.50 -16.7% -49.5% N/A 343.6 NTBK Net.B@nk 7.28 -1.53 -17.4% -32.4% -48.5% 216.0 CMGI CMGI 14.69 -7.13 -32.7% -59.0% -87.9% 4.3B ICGE Internet Capital 8.88 -7.38 -45.4% -60.7% -93.4% 2.5B ---- ------------------------------------------------------------------ Financial Services Ave. -10.6% For a company that recently announced its imminent demise, Mortgage.com has a pretty lively stock this week, as shares climb 50%. Volume has been higher than ever for MDCM since Oct. 31, when the company said it would wind down lending operations, with prices bouncing between 3 cents and 9 cents (that's per share) in active trading. Meanwhile, CMGI and Internet Capital Group continue their battle to see which can be the biggest disaster among Internet venture capital companies and incubators. Right now, ICGE holds the edge with a YTD loss of 94.3%, but recent bad news for some of its majority-owned holding companies could help CMGI close the gap. E-COMMERCE ENABLERS 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap XCAR XCare.net 9.00 1.75 24.1% -18.4% N/A 146.3 LQID Liquid Audio 5.78 1.06 22.5% -36.3% -83.2% 129.4 BTBC b2bstores.com 1.75 0.25 16.7% -16.7% N/A 15.1 NEOF Neoforma.com 2.50 0.31 14.3% -50.3% N/A 317.2 QSFT Quest 44.63 3.63 8.8% 7.2% 14.6% 3.8B ARTG Art Technology 48.00 2.25 4.9% -16.5% 32.5% 3.2B GSPT Global Sports 8.88 0.41 4.8% -17.2% -39.9% 192.6 WEBM webMethods 89.88 4.00 4.7% -31.4% N/A 4.2B EPNY E.piphany 56.69 1.98 3.6% -16.0% -66.3% 2.6B SBYN SeeBeyond 16.38 0.38 2.3% N/A N/A N/A SLTC Selectica 27.94 0.31 1.1% -20.3% N/A 1.0B PCOR pcOrder.com 6.22 0.03 0.5% -36.2% -93.2% 105.0 QUOT Quotesmith.com 0.94 0.00 0.0% -12.5% -83.3% 18.0 PPRO PurchasePro.com 21.69 -0.25 -1.1% 30.4% -36.3% 1.4B PRSW Persistence 8.72 -0.16 -1.8% -39.3% -56.2% 170.5 BRNC Braun Consulting 7.25 -0.16 -2.1% -27.2% -79.6% 145.9 DGIN Digital Insight 15.38 -0.50 -3.1% -14.5% -25.9% 444.2 SNHK Sunhawk.com 11.38 -0.38 -3.2% -31.3% N/A 34.2 FIRE FirePond 10.25 -0.38 -3.5% -48.0% N/A 364.5 BBSW Broadbase 15.31 -0.56 -3.5% -34.5% -78.2% 727.6 ZNGN Zengine 11.88 -0.44 -3.6% N/A N/A 195.6 CORI Corillian 12.50 -0.56 -4.3% 12.3% N/A 399.1 BVSN BroadVision 32.88 -1.50 -4.4% -19.2% -50.0% 8.8B PRVW Preview Systems 4.72 -0.22 -4.4% -57.2% -93.5% 80.8 CYSV Cysive 7.38 -0.44 -5.6% -3.6% -79.8% 206.4 AWEB Autoweb.com 0.50 -0.03 -5.9% -38.2% -89.4% 14.7 AGIL Agile 73.00 -4.88 -6.3% -18.9% -35.8% 3.4B ORCC Online Resources 3.63 -0.25 -6.5% 4.7% -73.0% 42.0 NVDC Navidec 3.81 -0.31 -7.6% -14.5% -46.7% 42.0 DRIV Digital River 6.34 -0.53 -7.7% -41.4% -88.2% 138.9 RETK Retek 37.75 -3.25 -7.9% -4.8% -39.4% 1.8B OMKT Open Market 2.81 -0.25 -8.2% -63.4% -93.6% 131.0 PRTS PartsBase.com 3.16 -0.34 -9.8% -2.2% N/A 44.5 OPUS Opus360 1.38 -0.16 -10.2% -49.0% N/A 69.0 ONVI Onvia.com 2.19 -0.25 -10.3% -52.9% N/A 176.6 TANN Tanning Technolog 4.25 -0.50 -10.5% -57.7% -88.2% 89.5 ITWO i2 Technologies 139.94 -17.06 -10.9% -1.2% 101.0% 27.7B IMPV ImproveNet 1.00 -0.13 -11.1% -51.5% N/A 16.7 NETP Net Perceptions 3.28 -0.47 -12.5% -63.9% -88.2% 87.7 CYBS CyberSource 4.38 -0.63 -12.5% -37.8% -84.9% 152.3 EPAY Bottomline 33.56 -4.81 -12.5% -1.8% 4.7% 431.6 CMRC Commerce One 55.69 -8.31 -13.0% -6.2% -28.3% 10.5B ABTL Autobytel. com 3.91 -0.59 -13.2% 32.4% -57.0% 79.4 FAIM FairMarket 1.81 -0.28 -13.4% -42.9% N/A 51.3 HCOM HomeCom 0.19 -0.03 -14.3% -40.0% -87.2% 1.7 DDDC Deltathree.com 2.69 -0.50 -15.7% -46.0% -86.5% 77.5 CLIC Calico Commerce 2.38 -0.50 -17.4% -52.5% -94.0% 83.3 ITRA Intraware 5.31 -1.19 -18.3% -45.6% -93.1% 139.3 ARBA Ariba 92.00 -22.13 -19.4% -18.1% 55.9% 22.1B INTW InterWorld 1.97 -0.53 -21.2% -80.8% -96.8% 57.5 PFSW PFSweb 1.16 -0.31 -21.3% -44.2% -95.6% 20.7 CYCH CyberCash 2.31 -0.69 -22.9% -52.5% -75.7% 59.8 CKCM Click Commerce 26.88 -10.13 -27.4% 0.8% N/A 1.0B ROWE Rowecom 2.00 -0.88 -30.4% -46.2% -93.7% 24.8 ELCO Elcom Internation 2.38 -1.09 -31.5% -24.7% -87.5% 73.0 IMNY I-Many 18.50 -8.75 -32.1% 23.3% N/A 591.5 USIT U.S. Interactive 0.75 -0.44 -36.8% -71.9% -97.2% 19.5 --------------------------------------------------------------------- E-commerce Enablers Ave. -7.6% Since closing on Aug. 1 at $3 per share, healthcare e-commerce software and services provider XCare.net has tripled in price, despite small revenue ($2 million in Q3), growing losses and the departure of its CFO in late August. Like EMusic.com, digital download software vendor Liquid Audio gets a boost from rumors that it is a Bertelsmann takeover target. Looks like the end may be near for U.S. Interactive, a maker of customer management software. Q3 losses were $45.7 million, against revenue of $17.8 million. USIT said it would lay off 28% of its workforce. Shares fell to 59 cents on Thursday. SECURITY 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap NSSI Network-1 4.13 0.38 10.0% -34.0% -61.0% 25.8 VLCT ValiCert 15.31 1.25 8.9% -19.3% N/A 339.1 VONE V-ONE 1.56 0.11 7.5% -46.4% -74.5% 34.6 AXNT AXENT 19.25 1.06 5.8% -5.4% 7.2% 557.0 ITRU InterTrust 10.44 0.56 5.7% -62.6% -88.7% 899.5 ISSX Internet Security 94.00 3.63 4.0% 8.4% 31.9% 3.9B WGRD WatchGuard 39.75 0.88 2.3% -24.6% 29.3% 957.5 CYLK Cylink 4.88 -0.06 -1.3% -41.9% -45.6% 150.3 NETE Netegrity 69.13 -3.88 -5.3% 0.8% 59.9% 2.0B RSAS RSA Security 48.06 -4.19 -8.0% 10.4% -22.8% 1.9B ENTU Entrust 27.38 -2.63 -8.8% -20.0% -61.0% 1.7B CHKP Check Point 140.81 -19.00 -11.9% -6.0% 221.9% 21.6B ALDN Aladdin Knowledge 6.13 -0.88 -12.5% -36.9% -55.6% 69.3 LTNX Litronic 6.38 -1.13 -15.0% -21.1% -49.0% 63.0 PILT Pilot Network 2.16 -0.53 -19.8% -45.6% -72.2% 32.5 -------------------------------------------------------------------- Security Ave. -2.6% You don't usually see a sector lead all others without landing a stock on the list of top 10 gainers, but the Security group does it this week as nearly half of its members advance. Network-1 Security Solutions inches to the top of this group, but already began drifting down Thursday after its Q3 earnings report showed $346,000 in revenues and a net loss of $1.1 million, or 18 cents per share. Pilot Network Services loses a member of its board and another 20% of its value. PERFORMANCE SOFTWARE 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap EPRS Eprise 4.88 1.25 34.5% -73.3% N/A 122.6 VMDC VantageMed 2.13 0.38 21.4% -4.4% N/A 18.3 AVSR Avistar 5.13 0.72 16.3% -16.5% N/A 128.6 EXTN Extensity 13.38 1.50 12.6% -32.8% N/A 319.1 TIBX Tibco 68.75 5.19 8.2% -2.0% 47.0% 13.4B OBAS Optibase 14.13 0.38 2.7% -28.1% -58.1% 150.2 WEBT WebTrends 34.56 0.63 1.8% -33.3% -31.5% 905.4 SABA Saba 22.50 0.38 1.7% 7.0% N/A 988.4 LOUD Loudeye 3.69 0.02 0.4% -54.9% N/A 136.5 VSTY Varsity Group 0.44 0.00 0.0% -28.6% N/A 6.9 WAVO WAVO 0.38 0.00 0.0% -31.8% -86.8% 16.6 NTGX net.Genesis 3.50 0.00 0.0% -3.8% N/A 74.0 SQSW Sequoia 4.03 -0.03 -0.8% -37.3% N/A 123.8 DTEC Delano 12.88 -0.13 -1.0% 11.4% N/A 388.1 SVCW ServiceWare 4.25 -0.06 -1.4% -45.7% N/A 100.0 OTEX Open Text 24.44 -0.44 -1.8% -20.5% 14.1% 494.4 NTOP Net2Phone 18.38 -0.38 -2.0% -27.6% -56.9% 1.0B EMBT Embarcadero 51.63 -1.13 -2.1% 17.9% N/A 1.4B LBRT Liberate 18.94 -0.50 -2.6% -14.4% -80.7% 2.0B EVLV Evolve Software 14.00 -0.38 -2.6% -33.2% N/A 511.8 IMAN iManage 3.88 -0.13 -3.1% -61.3% -86.9% 90.2 SSSW SilverStream 19.38 -0.81 -4.0% -5.2% -78.3% 396.9 CTRA Centra Software 7.38 -0.31 -4.1% -28.9% N/A 178.2 NESY NEON Systems 6.69 -0.31 -4.5% -39.5% -79.0% 63.1 WBSN Websense 17.88 -0.94 -5.0% 3.9% N/A 349.0 SWCM Software.com 145.81 -8.25 -5.4% 2.2% 71.5% 7.1B COBT Cobalt Networks 46.69 -3.00 -6.0% -3.7% -44.7% 1.4B BLUE Blue Martini 30.81 -2.44 -7.3% -10.5% N/A 2.1B IPIX Internet Pictures 1.97 -0.16 -7.4% -74.4% -86.0% 118.8 SGNT Sagent Technology 3.38 -0.31 -8.5% -70.9% -90.7% 96.4 SONE S1 Corp. 9.38 -0.88 -8.5% -39.7% -87.0% 517.5 MNDO Mind C.T.I. 10.63 -1.00 -8.6% -27.3% N/A 213.7 VIGN Vignette 26.25 -2.75 -9.5% -13.8% -43.7% 6.1B FVCX FVC.com 1.91 -0.22 -10.3% -62.2% -80.2% 32.9 RNWK RealNetworks 20.69 -2.38 -10.3% -48.4% -60.8% 3.2B SMPL SimPlayer.com 1.63 -0.19 -10.3% -47.5% 24.4% 14.8 ALLR Allaire 6.63 -0.78 -10.5% -31.3% -89.6% 180.5 OTGS OTG Software 25.69 -3.06 -10.7% 32.2% N/A 661.9 RWAV Rogue Wave 4.44 -0.56 -11.3% -10.8% -29.4% 48.3 TMNT Telemate.Net 1.38 -0.19 -12.0% -44.1% -91.0% 10.8 PKSI Primus Knowledge 7.50 -1.13 -13.0% -73.9% -87.4% 134.4 CLRN Clarent 21.63 -3.31 -13.3% -15.1% -54.3% 720.8 CWLD CrossWorlds 8.28 -1.34 -14.0% -30.7% N/A 214.8 NSPK NetSpeak 6.06 -1.00 -14.2% -42.9% -66.4% 86.0 MONE MatrixOne 19.00 -3.50 -15.6% -16.5% N/A 809.4 IWOV Interwoven 91.75 -18.13 -16.5% 1.5% 91.5% 4.5B BWEB BackWeb 9.06 -1.88 -17.1% -55.7% -83.5% 340.3 PASW PASW 0.88 -0.19 -17.6% -45.6% -70.7% 3.9 VOCL VocalTec 7.50 -1.97 -20.8% -33.2% -43.5% 90.8 PRSF Portal Software 23.50 -6.38 -21.3% -28.8% -35.6% 3.8B RHAT Red Hat 11.63 -3.25 -21.8% -35.7% -86.1% 1.8B BLSW Bluestone 16.88 -4.75 -22.0% -19.5% -85.2% 350.6 VIAD Viador 3.00 -1.31 -30.4% -46.3% -87.3% 53.4 VCIX Virtual Communities 0.06 -0.31 -83.3% -49.9% -85.3% 1.1 --------------------------------------------------------------------- Performance Software Ave. -7.3% Since dipping below $3 per share earlier this month, content management software vendor Eprise has crawled back over $4, thanks to news that Providence Health System in Oregon has chosen the company's serve r software to run its customer service Web site and corporate intranet. VantageMed's Q3 report shows a reduction of net loss to 38 cents per share from 73 cents. Software developer and Web site operator Virtual Communities announces it will run out of money and may cease trading. But first it will try layoffs to survive. INTERNET SERVICES 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap USIX USinternetworking 4.73 1.33 39.0% -50.0% -90.7% 458.6 ECRU E-Cruiter.com 3.94 1.00 34.0% -24.6% -56.1% 30.4 KEYN Keynote Systems 24.88 2.50 11.2% -26.3% -71.0% 688.5 HOTJ HotJobs.com 15.50 1.00 6.9% -24.6% -67.6% 560.2 SKIL SkillSoft 21.63 1.38 6.8% -9.2% N/A 286.6 MRBA Marimba 5.25 0.13 2.4% -63.3% -87.0% 123.0 NTWO N2H2 1.00 0.00 0.0% -31.8% -91.3% 22.5 STMP Stamps.com 3.00 -0.03 -1.0% -50.0% -92.2% 147.3 HHNT HeadHunter.NET 10.13 -0.44 -4.1% -8.2% -51.8% 188.3 RCOM Register.com 6.81 -0.31 -4.4% -23.8% N/A 217.9 CONV Convergent 4.00 -0.19 -4.5% -13.6% -75.6% 118.3 NETZ Netzee 1.88 -0.09 -4.8% -16.2% -74.6% 41.3 VRSN VeriSign 119.94 -7.19 -5.7% -15.8% -9.7% 23.3B CAVN Cavion Tech. 2.31 -0.16 -6.3% -35.6% -58.7% 11.5 ITXC ITXC Corp. 10.69 -0.81 -7.1% -34.4% -66.0% 411.8 INIT Interliant 9.88 -0.81 -7.6% -45.4% -79.1% 472.4 CTCH CommTouch 11.50 -1.00 -8.0% -26.7% -69.2% 175.5 KANA Kana Comm. 23.56 -2.19 -8.5% -45.0% -81.5% 2.2B CLAI Claimsnet.com 3.13 -0.31 -9.1% -43.3% -76.9% 28.7 MDLI MedicaLogic 3.19 -0.38 -10.5% -31.9% -84.8% 176.1 EXDS Exodus 29.44 -3.56 -10.8% -43.5% -14.7% 12.3B SRCH US SEARCH.com 0.50 -0.06 -11.1% -44.7% -88.2% 9.1 ILND Interland 4.88 -0.63 -11.4% -26.3% N/A 227.7 WQNI WorldQuest 2.75 -0.38 -12.0% -1.7% N/A 17.5 CHRD Chordiant 5.13 -0.75 -12.8% -32.9% N/A 188.7 HLTH WebMD 10.50 -1.63 -13.4% -27.7% -72.1% 2.3B CRFH Crayfish Co. 1.56 -0.25 -13.8% -70.3% N/A 79.5 WNET WHEREVER.net 1.56 -0.25 -13.8% -40.4% N/A 38.6 LFMN Lifeminders 11.50 -1.94 -14.4% -63.1% -82.0% 274.3 SAPE Sapient 27.13 -4.75 -14.9% -14.5% -42.9% 3.2B IBAS iBasis 7.31 -1.34 -15.5% -50.3% -64.7% 249.3 DIGX Digex, Inc. 32.13 -6.06 -15.9% -15.6% -24.5% 2.0B CRIO Corio 3.91 -0.75 -16.1% -57.8% N/A 189.4 CPTH Critical Path 37.19 -7.31 -16.4% -34.1% -45.4% 2.4B CLKS click2learn.com 14.50 -2.94 -16.8% 1.5% 22.9% 244.5 LIOX Lionbridge 7.50 -1.63 -17.8% -13.2% -56.0% 204.9 EGRT Egreetings 0.28 -0.06 -18.2% -45.7% -93.6% 9.9 EGAN eGain 3.88 -0.88 -18.4% -34.3% -80.4% 138.3 WEBX WebEx 39.63 -9.25 -18.9% 29.2% N/A 1.4B IPRT iPrint.com 1.44 -0.34 -19.3% -36.0% N/A 43.1 EVOK Evoke 3.44 -0.94 -21.4% -37.5% N/A 160.9 EQIX Equinix 6.31 -1.75 -21.7% -30.6% N/A 465.7 SVVS Savvis 2.81 -0.81 -22.4% -50.0% N/A 261.5 BWAY Breakaway Sol. 3.75 -1.13 -23.1% -51.8% -82.9% 168.8 NAVI NaviSite 8.25 -3.13 -27.5% -75.2% -79.0% 466.3 LPSN LivePerson 1.44 -0.56 -28.1% -68.1% N/A 42.3 ACRU Accrue 3.25 -1.44 -30.7% -48.7% -83.0% 95.0 DRTN Data Return 8.75 -4.25 -32.7% -35.6% -70.1% 311.1 MAIL Mail.com 1.59 -0.78 -32.9% -32.4% -77.0% 95.2 VCNT Vicinity Corp. 5.00 -3.06 -38.0% -14.4% N/A 140.4 FUSN Fusion Networks 0.31 -0.25 -44.4% -21.0% N/A 11.6 ---------------------------------------------------------------------- Internet Services Ave. -11.9% Application services provider USinternetworking gets a new lease on life with a $300 million equity financing package, highlighted by a $50 million deal with Microsoft. Fusion Networks reported Q3 revenues of $106,243 and a net loss of $3.6 million. This is one of the many Internet companies that never should have gone public. Judging by its stock price, investors agree. ADVERTISING/MARKETING 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap NTRT NetRatings 17.00 2.50 17.2% 8.0% -61.7% 552.2 DIGI Digital Impact 4.72 0.22 4.9% -39.7% -88.9% 117.0 VCLK ValueClick 4.50 -0.08 -1.7% -56.2% N/A 126.0 CBLT Cobalt Group 3.69 -0.31 -7.8% -38.6% -68.8% 65.2 MYPT MyPoints.com 1.88 -0.19 -9.1% -71.1% -96.8% 55.1 CSAV coolsavings.com 1.25 -0.13 -9.1% -37.8% N/A 48.9 LNTY L90 5.44 -0.56 -9.4% -22.9% N/A 121.6 NTCR NetCreations 7.00 -0.91 -11.5% -57.3% -89.6% 108.5 HPOL Harris Interactive 3.94 -0.56 -12.5% -18.9% -68.8% 134.7 AVEA Avenue A 3.38 -0.50 -12.9% -57.1% N/A 196.0 APLN @Plan.Inc 5.63 -0.88 -13.5% -38.2% -56.6% 63.6 NCNT Netcentives 6.06 -1.00 -14.2% -3.3% -85.8% 258.3 DCLK DoubleClick 16.00 -2.75 -14.7% -74.8% -91.2% 2.0B PRME Prime Response 3.44 -0.81 -19.1% -38.5% N/A 71.1 MPLX Mediaplex 1.38 -0.38 -21.4% -54.5% -95.0% 46.3 APTM Aptimus 1.56 -0.44 -21.9% N/A N/A N/A BFRE Be Free 3.75 -1.06 -22.1% -36.5% -91.1% 244.5 ENGA Engage 2.19 -1.28 -36.9% -53.7% -85.7% 393.3 TFSM 24/7 Media 2.59 -2.05 -44.1% -56.1% -90.4% 92.3 ----------------------------------------------------------------------- Advertising/Marketing Ave. -13.7% Shares of Web advertising company 24/7 Media plummet after the company announces plans to cut 200 jobs, or about 17% of its workforce, by the end of this year. And a Merrill Lynch research report predicts that, unless TFSM sells equity in other 'Net companies or raises additional funding, it will run out of cash in Q1. CMGI-owned Engage warns that revenue growth for next year will slow dramatically. Of the 13 stocks in this group that have been trading all year, nine have lost more than 85% of their value. CONSULTANTS/DESIGNERS 11/15 7-Day 7-Day 1-Month YTD Market Company $Close Change %Change %Change Cap XPDR Xpedior 1.09 0.09 9.4% -57.8% -92.7% 55.3 OGNC Organic 3.31 0.22 7.1% -38.7% N/A 291.4 PRFT Perficient 12.25 0.50 4.3% 9.5% 11.0% 74.4 CVGP Convergent Group 7.91 0.03 0.4% 76.7% N/A 343.3 PECS PEC Solutions 6.75 0.00 0.0% -6.8% N/A 150.3 GENI GenesisIntermedia 18.00 -0.19 -1.0% 0.4% 182.0% 116.3 MMPT Modem Media 6.53 -0.47 -6.7% -38.5% -87.6% 160.1 DTAS Digitas 10.00 -0.81 -7.5% -18.0% N/A 575.4 INFT Inforte Corp. 28.25 -3.88 -12.1% -26.4% N/A 355.1 LUMT Luminant 1.56 -0.22 -12.3% -66.7% -95.7% 42.3 IISX Integrated Info. 2.00 -0.31 -13.5% -49.0% N/A 40.9 ACOM AGENCY.COM 8.69 -1.50 -14.7% -39.5% -76.3% 309.3 RAZF Razorfish 4.84 -0.91 -15.8% -61.6% -89.1% 460.2 VIAN Viant 4.63 -1.16 -20.0% -10.8% -86.9% 221.8 MRCH marchFIRST 4.00 -1.00 -20.0% -42.2% -78.8% 600.9 LNTE Lante 2.44 -0.69 -22.0% -40.6% N/A 96.3 MSPR Mainspring 5.25 -1.56 -22.9% -41.9% N/A 98.7 PXCM Proxicom 9.00 -3.50 -28.0% -51.0% -80.8% 507.9 IIXL iXL Enterprises 1.44 -0.56 -28.1% -49.4% -95.1% 108.8 SCNT Scient 12.13 -5.25 -30.2% -40.1% -79.9% 888.1 ---------------------------------------------------------------------- Consultants/Designers Ave. -11.7% Xpedior leads this group almost by default, floating to the top with a 9-cent gain. XPDR shares really took off on Thursday, gaining 31% after the company announced it was expanding its software development agreement with IBM. Alas, even with the Big Blue-inspired surge, Xpedior is down 96.2% for the year. Here's how bad things are going for iXL Enterprises: On Halloween, the company reported horrendous losses (69 cents per share) for the third quarter, but tried to soften the blow by simultaneously announcing the hiring of a new COO, James Gionfriddo. Three days later, iXL was forced to announce that Gionfriddo would not be joing iXL because of "a prior commitment to another employer." From the outside, that looks pretty bad. SPEED/BANDWIDTH 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap SCMR Sycamore Networks 68.44 8.44 14.1% -25.9% -16.2% 16.8B BRCM Broadcom 169.69 17.88 11.8% -4.7% 79.2% 37.7B RSNT Resonate 46.13 2.63 6.0% 24.0% N/A 1.2B CSCO Cisco Systems 53.56 1.44 2.8% -12.0% 10.9% 377.2B TUTS Tut Systems 31.06 0.50 1.6% -35.8% 5.3% 485.3 FFIV F5 Networks 36.56 0.06 0.2% -30.9% -73.7% 786.6 TERN Terayon 19.94 -0.69 -3.3% -9.3% 42.1% 1.2B INAP InterNAP 17.13 -0.81 -4.5% -45.3% -78.3% 2.5B JNPR Juniper Networks 177.50 -10.69 -5.7% 9.2% 340.2% 56.0B PKTR Packeteer 33.56 -2.06 -5.8% -56.8% -67.8% 913.2 RDWR Radware 26.75 -2.13 -7.4% -20.1% -39.9% 424.1 SONS Sonus Networks 37.31 -3.19 -7.9% -29.1% N/A 6.8B AVCI Avici Systems 40.44 -3.58 -8.1% -23.0% N/A 1.9B AKAM Akamai 47.06 -4.94 -9.5% -20.7% -83.7% 5.0B WGAT WorldGate 14.88 -1.75 -10.5% -29.2% -59.1% 322.3 ATHM At Home 10.00 -1.25 -11.1% -43.1% -76.6% 4.0B CFLO CacheFlow 120.25 -15.75 -11.6% -3.0% 3.3% 4.8B INKT Inktomi 51.81 -11.19 -17.8% -34.3% -0.9% 5.9B HSAC High Speed Access 2.38 -0.56 -19.1% -46.5% -85.3% 132.3 COVD Covad 4.16 -1.50 -26.5% -42.0% -74.9% 643.5 RAMP Ramp Networks 2.50 -0.94 -27.3% -62.0% -86.6% 54.2 COSN Cosine 17.88 -7.94 -30.8% N/A N/A 1.8B CAIS CAIS Internet 2.25 -1.13 -33.3% -12.8% -81.8% 52.0 IBEM iBEAM 4.00 -2.44 -37.9% -29.1% N/A 433.3 NENG Network Engines 10.00 -16.00 -61.5% -17.3% N/A 341.7 ---------------------------------------------------------------------- Speed/Bandwidth Ave. -12.1% Sycamore Networks vaults to the head of this sector on strong Q3 revenue growth and net income that beat street estimates. Broadcom's gains this week evaporated on Thursday after Merrill Lynch warned that demand for high-speed chips may slow because of excess inventory at large chip customers such as Cisco Systems. Network Engines gets hammered after issuing Q3 report showing a pro forma net loss of 5 cents per share. Apparently some news organizations were reporting that NENG missed forecasts because the company issued a press release on Nov. 9 noting that Wall Street forecasts called for a loss per share of 6 cents to 9 cents. I blame some hanging chads. ISPs/ACCESS PROVIDERS 11/15 7-Day 7-Day 1-Month YTD Market Company $Close $Change %Change %Change Cap NZRO NetZero 1.81 0.19 11.5% -45.5% -92.4% 221.8 JWEB Juno Online 3.38 0.31 10.2% -48.3% -91.2% 131.2 HANA Hanaro Telecom 4.31 0.06 1.5% 11.0% N/A 1.1B LOAX Log On America 2.00 0.00 0.0% -26.0% -88.1% 17.6 TLCT Telocity Delaware 2.75 0.00 0.0% -54.4% N/A 233.4 ELNK EarthLink 7.91 -0.09 -1.2% -37.0% -83.4% 987.8 IDTC IDT Corp. 31.00 -0.94 -2.9% -17.8% 80.2% 1.1B PRGY Prodigy 4.06 -0.19 -4.4% -45.6% -74.0% 283.8 ATHY AppliedTheory 3.88 -0.25 -6.1% -36.8% -82.3% 96.2 IGLD Internet Gold 2.75 -0.25 -8.3% -46.9% -84.4% 50.7 IZAP ZapME! 1.88 -0.22 -10.4% N/A -75.5% 84.7 RMII RMI.Net 1.09 -0.16 -12.5% -46.8% -86.5% 24.0 GIGM GigaMedia 4.97 -0.78 -13.6% -29.9% N/A 242.6 PSIX PSINet 1.81 -0.31 -14.7% -42.2% -79.5% 344.5 FREE Freeserve 18.50 -3.50 -15.9% -35.9% -70.1% 1.9B PNVN PNV 0.31 -0.06 -16.7% -44.4% -91.7% 5.0 AGCX Asia Global 5.41 -1.09 -16.8% N/A N/A 2.9B KOREA Korea Thrunet 5.00 -1.06 -17.5% -36.2% -92.6% 359.8 IAWK Iasiaworks 7.31 -1.63 -18.2% -28.1% N/A 287.3 VNWI VIA NET.WORKS 6.44 -1.53 -19.2% -30.6% N/A 384.2 NPLI Netpliance 1.31 -0.31 -19.2% -48.7% N/A 79.3 PCNTF Pacific Internet 5.91 -1.47 -19.9% -61.1% -88.3% 74.7 ZIPL Ziplink 0.63 -0.16 -20.0% -42.4% -79.3% 8.1 FSST FASTNET 0.78 -0.22 -21.9% -16.0% N/A 11.7 QSCG QS Communications 8.50 -2.50 -22.7% -30.4% N/A 433.3 IIJI Internet/Japan 21.38 -6.63 -23.7% -21.0% -65.3% 961.0 GEEK Internet America 1.13 -0.38 -25.0% -54.5% -85.6% 10.9 ISLD Digital Island 8.25 -3.06 -27.1% -46.2% -84.9% 574.9 DSLN DSL.net 1.69 -1.06 -38.6% -35.7% -78.8% 111.2 --------------------------------------------------------------------- ISP/Access Provider Ave. -12.9% This week's rise is only putting off the inevitable for the aptly named NetZero, which is headed below $1 per share. Juno Online Services gains on rumors that it is close to a deal with AOL and Time Warner regarding open access use of Time Warner's cable lines. ****************************************************************** 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/