NOTE: Friday’s StockTracker Daily column now features internet.com’s
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performances of more than 400 Internet stocks across 13 sectors. If you
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Call it wishful thinking, but I’m genuinely optimistic that
Internet stocks, battered and beleaguered for the past five
months, will begin to show some strength over the next few
weeks.
On what do I base this upbeat assessment? Wishful
thinking, for one. But also, as I’ve said often recently, the
round of Q2 reports coming out in the past six weeks or so has
brought the Internet landscape into much sharper focus for
investors. There’s little room for delusion these days; red ink
and vanishing cash reserves, not to mention Nasdaq delistings,
are a clear sign of doom. Conversely, profits, large market share
and robust revenue growth add up to a winning investment.
This fall, the winners will rise from the ashes of this year’s market
meltdown, in large part riding a wave of sideline money entering
the game. The losers…well, when you’ve already lost 90% of
your value, that extra 10% comes pretty hard.
Other things in
favor of a rally: The Fed appears satisfied it has successfully
tapped the brakes on a runaway economy, so interest rate hikes
are no longer a rubber-stamp affair. Then there are the numbers:
This week’s results show 11 of 13 sectors, and nearly 60% of
individual Internet stocks, gaining. Also, in the past month,
54% of all Internet stocks have advanced. Here’s hoping the
momentum carries over beyond the Labor Day weekend. Have a great
holiday.
*Market Cap figure is in millions unless otherwise noted.
PERFORMANCE BY SECTOR
Ave. 7-Day
% Change
Wireless +18.2%
E-tailers +11.0%
E-commerce Enablers +9.4%
Performance Software +7.7%
Financial Services +7.1%
Search/Portals +7.1%
Internet Services +5.9%
Advertising/Marketing +4.9%
Content/Communities +4.4%
Speed/Bandwidth +2.8%
ISPs/Access Providers +2.0%
Security -0.7%
Consultants/Designers -10.8%
TOP 10 GAINERS 7-Day % Gain Category
ESTM E-Stamp 106.9% E-tailers
LBRT Liberate 67.2% Performance Software
SKDS SmarterKids.com 56.8% E-tailers
PPRO PurchasePro.com 55.2% E-commerce Enablers
GTHR GetThere 54.4% Performance Software
IIIM i3 Mobile 51.1% Wireless
BFLY Bluefly 50.0% E-tailers
EDGR EDGAR Online 47.2% Content/Communities
XCAR XCare.net 46.4% E-commerce Enablers
FVCX FVC.com 44.1% Performance Software
ALOY Alloy Online 43.0% E-tailers
TOP 10 LOSERS 7-Day % Loss Category
VIAN Viant -46.8% Consultants/Designers
CYSV Cysive -39.3% E-Commerce Enablers
CVGP Convergent -31.2% Consultants/Designers
PXCM Proxicom -24.3% Consultants/Designers
DSLN DSL.net -23.8% ISPs/Access Providers
VCNT Vicinity -23.7% Internet Services
TPN TownPagesNet -23.5% Content/Communities
MSPR Mainspring -21.6% Consultants/Designers
NTGX net.Genesis -21.1% Performance Software
BWAY Breakaway Solutions -20.9%
Internet Services
********************************************************************
WIRELESS PRODUCTS/SERVICES
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
IIIM i3 Mobile 8.88 3.00 51.1% -20.2% N/A 202.4
PRTH Parthus Tech. 41.00 11.25 37.8% 54.0% N/A 2.1B
VYYO Vyyo 33.00 9.00 37.5% 26.9% N/A 1.2B
SVNX 724 Solutions 46.88 12.13 34.9% 53.1% N/A 1.7B
INSP InfoSpace 36.63 7.38 25.2% 16.5% -33.1% 8.6B
PUMA Puma Tech. 25.50 4.94 24.0% 27.4% -61.8% 1.1B
GOAM GoAmerica 11.44 2.06 22.0% 15.8% N/A 587.6
PALM Palm 41.94 4.00 10.5% 7.2% N/A 23.7B
GGNT Giganet 28.25 2.38 9.2% N/A N/A 558.4
AETH Aether Systems 139.75 9.75 7.5% -8.2% 90.8% 5.4B
IWAV interWAVE 11.13 0.75 7.2% -21.9% N/A 518.0
MCOM Metricom 38.88 1.81 4.9% 18.7% -51.6% 1.2B
PHCM Phone.com 86.56 1.06 1.2% 6.5% -27.0% 6.8B
HAND Handspring 34.38 0.25 0.7% 16.3% N/A 4.3B
GWRX Geoworks 11.06 -0.13 -1.1% -11.5% -35.4% 239.5
-------------------------------------------------------------------
Wireless Ave. +18.2%
That this sector easily leads all others this week hardly is
a surprise, given that nearly half of the companies here gained
at least 20%, and only one lost ground. Wireless content provider
i3 Mobile’s week was good. The past month, though, has been a
problem; only interWAVE has fared worse in this sector during
that time. In fact, IIIM’s sector lead in most part can be attributed
to its Aug. 23 closing price of $5.88 – the stock’s second-lowest
close since going public in early April.
SEARCH/PORTALS
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
ASKJ Ask Jeeves 28.00 6.25 28.7% 61.7% -75.8% 998.9
BOUT About.com 38.02 5.62 17.4% 22.4% -58.6% 686.3
GOTO GoTo.com 17.50 2.50 16.7% 13.8% -70.9% 913.3
LCOS Lycos 70.13 8.69 14.1% 20.8% -13.8% 7.7B
AOLA AOL/Latin Amer. 7.88 0.44 5.9% N/A N/A 478.7
SINA SINA.com 20.88 0.88 4.4% -5.7% N/A 849.3
DIG Disney-Internet 15.06 0.63 4.3% 41.8% -38.0% 681.4
LOOK LookSmart 16.81 0.69 4.3% -1.1% -39.1% 1.5B
STRM StarMedia 7.97 0.22 2.8% -45.7% -80.5% 524.5
SOHU Sohu.com 6.44 0.06 1.0% -1.0% N/A 201.0
AOL America Online 59.13 0.38 0.6% 14.4% -22.5% 135.8B
CHINA Chinadotcom 15.50 -0.06 -0.4% N/A -61.4% 1.4B
YHOO Yahoo! 123.25 -10.56 -7.9% -3.0% -44.3% 67.7B
-------------------------------------------------------------------
Search/Portals Ave. +7.1%
Ask Jeeves rises after announcing deal with Vignette in which
the two will combine technology to create a closed-loop content
management system. It’s the best week ASKJ has had since May. For
the year, shares are down 76%. Yahoo tumbles to the cellar this
week on fears of continued weakness in the online advertising
market.
CONTENT/COMMUNITIES
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
EDGR EDGAR Online 4.88 1.56 47.2% 32.2% -35.4% 60.7
HOMS Homestore.com 54.00 12.94 31.5% 54.3% -28.9% 4.4B
GNET Go2Net 65.50 13.56 26.1% 17.6% -26.4% 2.1B
SWBD Switchboard 8.81 1.75 24.8% 9.7% N/A 217.3
I
NTM internet.com 29.88 5.38 21.9% 56.0% -44.1% 749.7
KOOP drkoop.com 1.34 0.22 19.4% 22.9% -88.9% 46.7
VERT VerticalNet 56.13 8.25 17.2% 21.7% -33.1% 4.8B
HCEN HealthCentral.com 4.22 0.59 16.4% 35.0% -43.6% 190.5
STAD Student Advantage 8.00 0.94 13.3% 7.6% -64.7% 288.9
ARTD Artistdirect 2.69 0.25 10.3% -18.9% N/A 99.0
ZDZ ZDNet 20.25 1.88 10.2% 20.9% -5.7% 1.5B
NBCI NBC Internet 9.69 0.88 9.9% -6.6% -87.7% 605.8
CNET CNET Networks 34.63 2.88 9.1% 21.2% -40.3% 3.0B
LAUN Launch Media 7.31 0.56 8.3% 8.3% -62.2% 99.2
KNOT Knot 3.50 0.25 7.7% -5.1% -59.4% 51.1
HSTM HealthStream 2.13 0.13 6.3% -39.3% N/A 42.5
TSCM TheStreet.com 8.50 0.50 6.3% 70.0% -56.7% 227.9
ONES OneSource 11.44 0.44 4.0% 2.8% -16.8% 133.7
INFO Infonautics 3.38 0.13 3.8% -15.0% -52.9% 41.3
SNOW Snowball.com 2.66 0.09 3.7% 28.7% N/A 99.6
EWBX EarthWeb 12.94 0.44 3.5% 6.2% -74.9% 134.6
ILIF ilife.com 1.88 0.06 3.4% 36.4% -59.3% 25.4
PASA quepasa.com 1.00 0.03 3.2% -5.9% -92.3% 18.7
IMPV ImproveNet 2.00 0.03 1.6% 28.0% N/A 33.4
MLTX Multex.com 20.13 0.00 0.0% -13.4% -47.7% 611.6
NETR NetRadio 1.81 0.00 0.0% -6.5% -78.5% 18.1
TCTY Talk City 1.44 0.00 0.0% -4.1% -94.6% 35.9
IVIL iVillage 7.06 -0.06 -0.9% 8.7% -65.9% 209.8
SALN Salon.com 1.94 -0.03 -1.6% 19.3% -62.1% 26.9
MKTW MarketWatch.com 11.56 -0.19 -1.6% -31.0% -69.0% 189.9
SPLN SportsLine.com 18.06 -0.31 -1.7% 6.3% -64.8% 477.1
LOIS Loislaw.com 7.75 -0.19 -2.4% -7.5% -80.6% 163.1
HGAT HealthGate Data 1.25 -0.03 -2.4% 11.1% N/A 22.3
HOOV Hoover's 7.13 -0.19 -2.6% -0.9% -20.4% 92.7
SCRM ScreamingMedia 11.81 -0.44 -3.6% N/A N/A 442.1
TURF iTurf 1.69 -0.06 -3.6% -49.0% -86.7% 35.6
TGLO theglobe.com 1.38 -0.13 -8.3% -12.0% -83.9% 42.7
IASIA Asiacontent.com 2.81 -0.31 -10.0% -7.2% N/A 96.6
WOMN Women.com 3.13 -0.38 -10.7% -28.6% -78.6% 146.2
MPPP MP3.com 8.44 -1.03 -10.9% -14.0% -74.0% 575.3
DTHK DigitalThink 32.38 -4.63 -12.5% -38.9% N/A 1.1B
QKKA Quokka Sports 6.88 -1.25 -15.4% 11.1% -48.8% 318.6
VDAT Visual Data 3.38 -0.66 -16.3% 12.5% -71.3% 28.4
TPN TownPagesNet 1.63 -0.50 -23.5% -23.5% -69.0% 15.6
--------------------------------------------------------------------
Content/Comm. Ave. +4.4%
Like i3 Mobile, EDGAR Online and drkoop.com are at or near the
top this week because they’re bouncing off lows. Not so for real
estate and home goods site site network Homestore.com, which reached
its bottom way back in April. Shares climb this week on strong traffic
growth, and despite news that competitor and Microsoft Web site
HomeAdvisor received $100 million in bank funding. HOMS has gained
54% in the past month. The leading stock in the group during that
time? TheStreet.com, up 70%.
E-TAILERS
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
ESTM E-Stamp 1.88 0.97 106.9% 39.5% -91.8% 74.8
SKDS SmarterKids.com 1.81 0.66 56.8% N/A -75.5% 37.1
BFLY Bluefly 3.19 1.06 50.0% 59.4% -69.8% 15.7
ALOY Alloy Online 8.94 2.69 43.0% -17.8% -44.5% 157.6
INSW InsWeb 2.06 0.56 37.5% 46.7% -92
.1% 72.6
ROOM Hotel Network 34.13 8.75 34.5% 0.7% N/A 1.9B
PLRX PlanetRx.com 0.72 0.16 27.8% -17.8% -95.2% 37.1
IPET Pets.com 0.94 0.19 25.0% -34.8% N/A 27.7
TIXX Tickets.com 1.72 0.31 22.2% -24.6% -88.3% 101.6
AMEN Crosswalk.com 2.13 0.38 21.4% -5.6% -59.5% 16.4
EGGS Egghead.com 2.69 0.44 19.4% 19.5% -83.8% 113.8
VSTY Varsity Group 1.06 0.16 17.2% 9.7% N/A 16.7
HITS Musicmaker.com 0.88 0.13 16.7% -26.3% -85.4% 29.0
FATB Fatbrain.com 4.00 0.56 16.4% -20.0% -84.4% 52.0
ETYS eToys 4.75 0.53 12.6% 13.4% -82.3% 579.5
AMZN Amazon.com 42.94 4.13 10.6% 39.4% -44.8% 15.3B
PPOD Peapod 2.00 0.19 10.3% -15.8% -77.3% 35.9
TMCS Ticketmaster 23.00 2.00 9.5% 11.9% -41.5% 2.0B
SQST SciQuest.com 9.38 0.81 9.5% -2.6% -88.5% 271.9
PCLN priceline.com 27.75 2.31 9.1% 11.8% -42.7% 4.6B
EBAY eBay 61.06 3.25 5.6% 24.9% -4.6% 16.4B
HOMG HomeGrocer.com 4.22 0.16 3.8% -17.7% N/A 540.2
BYND Beyond.com 0.97 0.03 3.3% -6.0% -87.9% 36.9
ASFD Ashford.com 2.88 0.06 2.2% -13.2% -74.4% 130.1
EXPE Expedia 16.06 0.25 1.6% -4.1% -55.1% 712.1
LMIN Lastminute.com 12.25 0.00 0.0% 10.7% N/A 368.3
WBVN Webvan 4.13 0.00 0.0% -20.5% -75.6% 1.4B
COOL Cyberian Outpost 3.44 -0.06 -1.8% 3.8% -66.2% 97.9
CDNW CDnow 2.91 -0.06 -2.1% -0.5% -71.2% 95.8
FASH Fashionmall.com 2.13 -0.06 -2.7% 3.0% -53.2% 0.0
CTIX Cheap Tickets 10.69 -0.31 -2.8% -8.6% -23.6% 259.0
BUYX BUY.COM 2.69 -0.09 -3.4% -30.6% N/A 352.6
EMUS EMusic.com 1.56 -0.06 -3.8% -15.2% -85.1% 67.0
DSCM Drugstore.com 6.00 -0.31 -5.0% 3.2% -83.8% 318.5
BGST BigStar 0.59 -0.03 -5.0% -13.7% -92.5% 6.0
EFTD FTD.COM 2.25 -0.13 -5.3% 5.9% -58.1% 109.5
ADBL Audible 1.88 -0.13 -6.3% -10.5% -87.8% 51.3
BNBN barnesandnoble.com 3.78 -0.28 -6.9% -1.6% -73.9% 552.6
SFTY eSAFETYWORLD 1.63 -0.13 -7.1% -21.2% N/A 4.9
VSHP VitaminShoppe.com 1.03 -0.09 -8.3% -3.0% -89.0% 21.0
AHWY audiohighway.com 1.19 -0.13 -9.5% -40.6% -86.4% 7.6
EBKR Ebookers.com 6.25 -0.88 -12.3% -16.7% -64.7% 106.4
GDEN Garden.com Inc 1.63 -0.38 -18.8% -10.4% -81.7% 28.6
---------------------------------------------------------------------
E-tailers Ave. +11.0%
You know it’s a good week when even the e-tail sector surges. Ten stocks
here gain at least 20%, led by E-Stamp, which tops all ‘Net tickers by
soaring 107%. However, there is less here than meets the eye. Most of
the big gainers in this group are on the endangered list. Indeed,
Pets.com and PlanetRx.com rose 25% and 27.8% respectively – and both
still were trading below $1 per share. And if it weren’t for an
announced alliance with the National Federation of Independent Business,
which designated it as the exclusive Internet postage provider for NFIB
members, E-Stamp would be in the same sunken boat.
FINANCIAL SERVICES
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
NXCD NextCard 8.19 2.19 36.5% -3.3% -72.3% 434.4
DVIN divine interVentures 8.50 1.50 21.4% 7.1% N/A 1.2B
WEBS Web Street 2.56 0.44 20.6% 10.8% -79.7% 66.1
AMTD Ameritrade 18.53 1.91 11.5% 43.2% -16.4% 3.2B
DIR DLJdirect 8.69 0.88 11.2% 24.6% -38.3% 891.8
MDCM Mortgage.com 1.00 0.09 10.3% -13.5% -83.2% 44.3
EGRP E*TRADE 18.00 1.25 7.5% 29.1% -32.6% 5.4B
NTBK Net.B@nk 11.50 0.63 5.7% 0.5% -39.2% 341.2
ICGE Internet Capital 36.00 1.63 4.7% 11.6% -79.3% 10.1B
CMGI CMGI 45.81 1.88 4.3% 30.2% -67.6% 13.5B
LINE onlinetrading.com 5.00 0.13 2.6% 8.1% -55.0% 57.4
WITC Wit Soundview 9.16 0.16 1.7% 11.8% -47.3% 828.9
TREE LendingTree 5.06 -0.19 -3.6% -28.3% N/A 91.2
EELN E-LOAN 3.44 -0.31 -8.3% -8.3% -79.3% 181.8
ECMV E Com Ventures 1.25 -0.31 -20.0% -23.1% -63.8% 12.2
----------------------------------------------------------------------
Financial Services Ave. +7.1%
Online Visa card processor NextCard is one of a handful of losers
for the month in this group, but it nearly wipes out the deficit with
a 36.5% gain. That’s the good news. The bad news is that NXCD hit an
all-time low closing price of $5.25 on Aug. 21. After heading almost
straight downhill following its July 12 IPO, Chicago Internet incubator
divine interVentures has bounced back past its first-day closing price
of $8.78 and is making a run at double-digits. Apparently while I was
on vacation, E Com Ventures ran amok, nearly doubling to almost $2 per
share by Aug. 21. (Can you say stock split?) Now, ECMV is paying for
its revelry.
E-COMMERCE ENABLERS
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
PPRO PurchasePro.com 59.19 21.06 55.2% 46.6% -57.9% 1.9B
XCAR XCare.net 5.13 1.63 46.4% 43.8% N/A 83.2
ITRA Intraware 10.38 3.00 40.7% 31.7% -87.3% 272.1
RETK Retek 34.00 9.81 40.6% 6.7% -55.8% 1.6B
PFSW PFSweb 3.16 0.91 40.3% -2.9% -91.8% 56.4
CYBS CyberSource 9.56 2.50 35.4% 12.5% -81.9% 248.7
OMKT Open Market 9.50 2.44 34.5% 44.8% -79.4% 442.6
CYCH CyberCash 5.63 1.25 28.6% 36.4% -40.5% 145.5
APNT AppNet 50.06 10.50 26.5% 44.6% 11.9% 1.7B
ONVI Onvia.com 6.63 1.38 26.2% -15.9% N/A 534.9
CMRC Commerce One 63.25 12.81 25.4% 45.0% -37.0% 10.2B
BTBC b2bstores.com 2.00 0.38 23.1% 10.3% N/A 17.2
IMNY I-Many 12.25 2.13 21.0% -16.6% N/A 377.2
ARTG Art Technology 101.88 16.88 19.9% 21.9% 55.5% 6.8B
DRIV Digital River 7.00 1.00 16.7% 9.8% -79.5% 153.3
SLTC Selectica 45.56 6.06 15.3% -21.0% N/A 1.6B
NETP Net Perceptions 12.69 1.69 15.3% 8.6% -70.5% 338.9
SNHK Sunhawk.com 15.38 1.88 13.9% 7.0% N/A 46.3
ROWE Rowecom 6.53 0.78 13.6% 62.0% -85.9% 67.5
AGIL Agile Software 69.69 7.13 11.4% 36.6% -37.3% 3.2B
ITWO i2 Technologies 168.75 16.75 11.0% 41.1% 69.3% 33.4B
BVSN BroadVision 34.50 3.38 10.8% 1.3% -40.5% 9.2B
TANN Tanning Tech. 18.38 1.63 9.7% 2.8% -69.5% 386.8
INTW InterWorld 19.13 1.63 9.3% -6.7% -78.1% 558.1
CLIC Calico Commerce 9.69 0.81 9.2% 14.0% -82.1% 339.8
EPNY E.piphany 96.00 8.00 9.1% 7.3% -57.9% 4.3B
HCOM HomeCom 0.81 0.06 8.3% 18.2% -75.1% 6.7
BBSW Broadbase 22.00 1.44 7.0% -0.3% -61.8% 1.0B
CKCM Click Commerce 28.63 1.63 6.0% 12.5% N/A 1.1B
WEBM webMethods 97.31 5.25 5.7% -10.7% N/A 3.2B
ARBA Ariba 152.50 7.63 5.3% 32.8% 68.2% 36.7B
ELCO Elcom Int. 5.75 0.25 4.5% -6.1% -83.5% 176.7
LQID Liquid Audi
o 6.75 0.25 3.8% 10.2% -74.9% 151.1
FAIM FairMarket 4.06 0.13 3.2% -13.9% N/A 115.0
STCS Software Tech. 19.81 0.50 2.6% -13.4% N/A 1.3B
BRNC Braun Consulting 17.06 0.38 2.2% -14.4% -76.7% 343.3
PCOR pcOrder.com 5.30 0.11 2.1% 8.7% -89.8% 89.4
IMPV ImproveNet 2.00 0.03 1.6% 28.0% N/A 33.4
PRSW Persistence 16.00 0.25 1.6% -5.9% -30.5% 312.8
FIRE FirePond 20.13 0.25 1.3% 13.0% N/A 714.3
NEOF Neoforma.com 3.03 0.03 1.0% -10.2% N/A 384.6
USIT U.S. Interactive 8.63 -0.06 -0.7% -29.2% -80.4% 223.8
AWEB Autoweb.com 1.75 -0.03 -1.8% N/A -84.3% 51.5
DGIN Digital Insight 25.88 -0.50 -1.9% -9.2% -30.4% 747.6
GSPT Global Sports 7.72 -0.28 -3.5% -3.5% -39.9% 167.5
NVDC Navidec 8.19 -0.31 -3.7% 9.2% -33.3% 90.2
OPUS Opus360 4.06 -0.19 -4.4% 32.6% N/A 203.9
PRVW Preview Systems 8.66 -0.41 -4.5% -13.4% -87.0% 148.2
EPAY Bottomline 30.13 -1.88 -5.9% 52.5% -18.2% 327.4
QSFT Quest 51.13 -3.50 -6.4% 7.1% -2.0% 4.4B
ORCC Online Resources 6.06 -0.44 -6.7% -3.0% -64.3% 70.3
ABTL Autobytel.com 5.06 -0.56 -10.0% 3.9% -67.4% 102.9
QUOT Quotesmith.com 2.13 -0.25 -10.5% -15.0% -81.7% 40.9
CORI Corillian 7.94 -1.00 -11.2% -18.6% N/A 253.4
PRTS PartsBase.com 3.69 -0.75 -16.9% -28.0% N/A 54.6
CYSV Cysive 8.50 -5.50 -39.3% -59.8% -76.9% 237.9
---------------------------------------------------------------------
E-commerce Enablers Ave. +9.4%
This sector boasts a number of strong monthly gainers, though many
of this week’s top performers are companies that have dug deep, and
perhaps fatal, holes for themselves this year: Intraware, PFSWeb,
CyberSource, Open Market. Only a few stocks in this once high-flying
sector are up for the year, including leader i2 Technologies, which
announced deals with DaimlerChrysler, Toyota and Volkswagen to develop
online B2B marketplaces for each of the auto makers. Cysive is
punished for losing its biggest customer, which will hurt Q3 sales.
SECURITY
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
ISSX Internet Security 79.25 10.69 15.6% 20.3% 9.0% 3.3B
NSSI Network-1 6.88 0.72 11.7% 0.9% -37.8% 42.3
CHKP Check Point 142.63 11.06 8.4% 26.0% 180.7% 21.9B
ITRU InterTrust 16.38 0.88 5.6% 4.0% -72.8% 1.4B
ENTU Entrust Tech. 26.56 0.75 2.9% -2.1% -56.7% 1.7B
AXNT AXENT 23.75 -0.06 -0.3% -6.4% 10.6% 687.2
NETE Netegrity 85.00 -0.94 -1.1% 9.3% 46.0% 1.7B
CYLK Cylink 13.88 -0.56 -3.9% 7.8% 0.5% 427.9
PILT Pilot Network 14.00 -0.63 -4.3% 16.7% -43.0% 211.1
WGRD WatchGuard 49.94 -2.69 -5.1% -6.0% 61.4% 1.2B
VONE V-ONE 2.88 -0.16 -5.2% -11.5% -52.1% 59.3
RSAS RSA Security 58.25 -3.50 -5.7% -5.8% -26.5% 2.3B
LTNX Litronic 5.38 -0.50 -8.5% -12.2% -34.3% 53.1
VLCT ValiCert 12.75 -3.13 -19.7% -12.8% N/A 278.6
--------------------------------------------------------------------
Security Ave. -0.7%
One of only two sectors to decline this week, the Security stocks
are dominated by Israel-based network firewall market leader
Check Point Software, which boasts the second-best YTD performance
of any Internet stock, trailing only Juniper Networks. Internet
Security Systems moves into the black thanks to an impressive
two weeks: S
hares are up 45% since Aug. 16. ValiCert has been on
a wild ride since going public July 28, this week dropping fast
from its all-time high of $15.88 set on Aug. 23.
PERFORMANCE SOFTWARE
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
LBRT Liberate 28.31 11.38 67.2% 26.5% -78.5% 2.6B
GTHR GetThere 17.38 6.13 54.4% 73.8% -57.8% 580.8
FVCX FVC.com 7.25 2.22 44.1% 50.6% -39.3% 125.2
CTRA Centra Software 10.00 2.94 41.6% 35.0% N/A 241.7
SPRT Support.com 32.50 8.94 37.9% 13.0% N/A 1.1B
CWLD CrossWorlds 21.88 5.88 36.7% 30.1% N/A 567.5
PASW PASW 3.97 1.03 35.1% 38.1% -31.8% 17.9
EVLV Evolve Software 19.38 4.11 26.9% N/A N/A 708.3
WAVO WAVO 0.75 0.16 26.3% 14.3% -81.1% 33.2
LOUD Loudeye 10.81 1.88 21.0% -31.3% N/A 400.2
SQSW Sequoia Software 10.94 1.69 18.2% -4.4% N/A 335.9
TMNT Telemate.Net 2.44 0.38 18.2% 13.1% -85.3% 19.2
IWOV Interwoven 96.06 13.06 15.7% 42.3% 54.5% 4.7B
BWEB BackWeb 19.25 2.19 12.8% 2.7% -55.3% 722.9
BLSW Bluestone 22.25 2.38 11.9% 17.5% -81.1% 462.2
IMAN iManage 10.63 1.13 11.8% 13.3% -67.7% 247.3
RHAT Red Hat 25.44 2.63 11.5% 30.9% -76.4% 4.0B
WBSN Websense 18.94 1.81 10.6% -4.7% N/A 369.8
TIBX Tibco Software 98.88 8.50 9.4% -1.6% 89.6% 18.8B
SONE S1 Corp. 17.38 1.31 8.2% 12.1% -78.3% 959.1
EMBT Embarcadero 41.56 2.94 7.6% 40.9% N/A 1.1B
SSSW SilverStream 31.38 1.50 5.0% 7.7% -74.2% 642.7
WEBT WebTrends 39.50 1.69 4.5% 35.9% -4.6% 1.0B
NSPK NetSpeak 11.50 0.38 3.4% 35.3% -47.1% 163.1
VIAD Viador 9.88 0.25 2.6% -2.5% -77.2% 175.8
SWCM Software.com 135.00 1.50 1.1% 37.2% 37.5% 6.6B
NTOP Net2Phone 29.00 0.31 1.1% 8.9% -38.3% 1.6B
NESY NEON Systems 17.44 0.19 1.1% 53.3% -56.6% 164.4
RWAV Rogue Wave 6.94 0.06 0.9% 15.6% -15.2% 75.6
RNWK RealNetworks 49.31 -0.19 -0.4% 30.4% -19.8% 7.7B
CLRN Clarent 48.88 -0.38 -0.8% 22.2% -38.5% 1.6B
COBT Cobalt Networks 47.50 -0.38 -0.8% 2.4% -57.1% 1.4B
EXTN Extensity 23.25 -0.25 -1.1% 17.7% N/A 554.7
ALLR Allaire 35.44 -0.94 -2.6% 13.2% -52.6% 965.6
DGV Digital Lava 6.44 -0.19 -2.9% 24.1% -10.1% 30.1
DTEC Delano Technology 10.31 -0.31 -2.9% -9.3% N/A 310.8
RDWR Radware 32.94 -1.00 -2.9% 8.4% -25.3% 509.5
EPRS Eprise 15.69 -0.50 -3.1% -18.8% N/A 394.5
VMDC VantageMed 1.69 -0.06 -3.6% -28.9% N/A 14.5
PRSF Portal Software 50.88 -2.00 -3.8% 8.0% -3.3% 8.2B
MONE MatrixOne 31.00 -1.63 -5.0% -35.4% N/A 1.3B
PKSI Primus Knowledge 24.25 -1.63 -6.3% 21.5% -47.7% 434.4
BLUE Blue Martini 53.50 -3.75 -6.6% -9.3% N/A 3.7B
VOCL VocalTec 15.63 -1.13 -6.7% -16.4% -8.8% 189.3
VIGN Vignette 34.00 -3.31 -8.9% -3.2% -38.8% 7.9B
OTGS OTG Software 25.44 -2.56 -9.2% -22.9% N/A 655.4
SGNT Sagent Technology 10.88 -1.19 -9.8% 10.1% -64.5% 310.7
IPIX Internet Pictures 7.44 -0.81 -9.8% -25.6% -56.1% 448.8
OTEX Open Text 25.75 -3.38 -11.6% 25.2% 39.9% 520.9
VATA Versata 20.88 -2.88 -12.1% -30.1% N/A 846.9
SABA Saba Software 28.63 -4.13 -12.6% 39.6% N/A 1.2B
NTGX net.Genesis 8.53 -2.28
-21.1% -5.2% N/A 180.4
---------------------------------------------------------------------
Performance Software Ave. +7.7%
Interactive-television software vendor Liberate Technologies grabs
the No. 2 slot among all ‘Net tickers, climbing 16% on Wednesday
alone after announcing that BellSouth would use its products to
deliver interactive services to its satellite TV customers. Other
than this and a $100 million investment by Cisco Systems in July,
Liberate and its investors haven’t had much to cheer about this year.
Online travel procurement site GetThere.com soars on news that it
is being purchased by Sabre Holdings for $757 million, or $17.75
per share. GTHR has the second-best monthly mark among ‘Net stocks.
INTERNET SERVICES
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
CPTH Critical Path 77.75 22.19 39.9% 54.0% -19.4% 5.0B
ETIN Etinuum 5.38 1.38 34.4% 72.0% N/A 98.8
CRIO Corio 13.13 3.13 31.3% -12.1% N/A 636.4
HLTH Healtheon/WebMD 17.38 4.13 31.1% 31.7% -54.7% 3.8B
EGAN eGain 11.50 2.31 25.2% 46.0% -70.2% 340.4
CLAI Claimsnet.com 4.38 0.88 25.0% 112.1% -57.2% 40.2
CRFH Crayfish Co. 5.50 1.06 23.9% -6.4% N/A 279.8
IBAS iBasis 22.00 3.81 21.0% 17.3% -25.2% 749.9
STMP Stamps.com 5.69 0.94 19.7% 24.7% -86.6% 279.3
FUSN Fusion Networks 1.16 0.19 19.4% -19.6% N/A 31.7
MDLI MedicaLogic 6.41 1.00 18.5% 25.0% -70.2% 353.9
LFMN Lifeminders 26.94 4.00 17.4% 34.7% -54.4% 642.5
HOTJ HotJobs.com 19.13 2.81 17.2% 22.4% -57.2% 691.2
SVVS Savvis 9.00 1.13 14.3% -20.0% N/A 836.6
WEBX WebEx Inc 39.94 4.94 14.1% 59.0% N/A 1.4B
NETZ Netzee 5.50 0.66 13.5% -4.3% -67.6% 121.2
SKIL SkillSoft 16.63 1.69 11.3% 23.1% N/A 220.0
VRSN VeriSign 193.75 19.63 11.3% 35.1% -0.8% 37.7B
ACRU Accrue Software 21.00 2.00 10.5% -16.0% -62.1% 614.1
EQIX Equinix 14.19 1.19 9.1% N/A N/A 1.0B
NAVI NaviSite 46.75 3.50 8.1% 10.7% -8.6% 2.6B
SRCH US SEARCH.com 1.69 0.13 8.0% -25.0% -78.0% 30.3
EXDS Exodus 67.88 3.63 5.6% 50.2% 49.5% 28.3B
MRBA Marimba 16.88 0.81 5.1% -6.3% -64.2% 395.4
ILND Interland 7.31 0.31 4.5% -12.7% N/A 341.5
HHNT HeadHunter.NET 6.03 0.09 1.6% -19.6% -53.1% 112.1
DIGX Digex Inc. 86.06 1.06 1.3% 27.0% 22.4% 5.5B
WNET WHEREVER.net 3.09 0.03 1.0% 23.8% N/A 79.0
EVOK Evoke 10.44 0.06 0.6% 30.5% N/A 487.8
KEYN Keynote Systems 30.00 0.13 0.4% -11.1% -60.2% 830.4
CAVN Cavion Tech. 4.63 0.00 0.0% -18.7% -41.6% 23.0
CONV Convergent 4.00 0.00 0.0% 20.7% -75.4% 118.3
EFAX eFax.com 0.41 0.00 0.0% -24.7% -94.6% 5.4
KANA Kana 38.63 -0.19 -0.5% 20.7% -63.2% 3.6B
DRTN Data Return 19.31 -0.31 -1.6% -22.4% -64.7% 86.7
ECRU E-Cruiter.com 3.56 -0.06 -1.7% 18.8% -51.1% 26.3
CHRD Chordiant 12.63 -0.31 -2.4% 6.3% N/A 464.8
IPRT iPrint.com 3.44 -0.09 -2.7% -25.7% N/A 103.0
ITXC ITXC 21.06 -0.69 -3.2% 10.9% -38.7% 811.6
JPTR Jupiter 23.75 -0.88 -3.6% -12.0% -23.2% 370.2
WQNI WorldQuest 5.06 -0.19 -3.6% 1.3% N/A 32.3
MAIL Mail.com 6.31 -0.25 -3.8% -22.3% -67.1% 377.2
L
IOX Lionbridge 9.25 -0.38 -3.9% 15.6% -50.4% 252.7
USIX USinternetworking 10.31 -0.44 -4.1% -31.2% -78.4% 998.9
NTWO N2H2 2.88 -0.13 -4.2% -4.2% -88.0% 64.7
INIT Interliant 12.56 -0.56 -4.3% -18.0% -52.7% 600.9
CTCH CommTouch 20.56 -1.19 -5.5% 7.5% -58.6% 313.8
EGRT Egreetings 1.13 -0.09 -7.7% -28.0% -89.1% 39.4
LPSN LivePerson 6.75 -0.81 -10.7% -25.5% N/A 198.8
RCOM Register.com 12.88 -1.63 -11.2% -42.3% N/A 411.9
SAPE Sapient 46.56 -7.16 -13.3% -22.9% -35.4% 5.5B
BWAY Breakaway Sol. 16.06 -4.25 -20.9% -38.8% -57.0% 723.1
VCNT Vicinity 10.69 -3.31 -23.7% -29.6% N/A 300.2
----------------------------------------------------------------------
Internet Services Ave. +5.9%
Since Aug. 14, this week’s sector leader, messaging services company
Critical Path, has climbed 65%. Lehman Brothers “buy” rating and $80
price target set on Aug. 15 no doubt helps, as does deal announced
this week with Circuit City Stores in which the electronics retailer
will use CPTH to help more than 50,000 store employees get Web-based
support from instructors. This sector hosts the No. 1 and No. 3
gainers for the past month – Claimsnet.com (up 112%) and Etinuum (72%).
Marketing infrastructure services provider Vicinity falls on analysts’
downgrades.
ADVERTISING/MARKETING
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
MPLX Mediaplex 10.69 3.00 39.0% 54.1% -83.3% 359.7
ENGA Engage 12.88 2.38 22.6% 54.9% -58.0% 2.3B
VCLK ValueClick 12.00 1.88 18.5% 12.9% N/A 336.1
MYPT MyPoints.com 12.63 1.38 12.2% -6.5% -83.3% 371.1
HPOL Harris Interactive 4.03 0.41 11.2% 13.1% -69.8% 130.2
DCLK DoubleClick 42.06 4.19 11.1% 20.2% -67.5% 5.2B
TFSM 24/7 Media 14.63 1.25 9.3% 46.3% -74.6% 520.6
PRME Prime Response 6.00 0.50 9.1% -4.0% N/A 124.0
DIGI Digital Impact 10.25 0.75 7.9% -21.9% -80.0% 254.1
CSAV coolsavings.com 3.31 0.19 6.0% -1.8% N/A 129.5
APLN @Plan.Inc 6.00 0.00 0.0% 7.9% -40.6% 67.6
NTCR NetCreations 19.13 0.00 0.0% -30.3% -57.5% 296.3
LNTY L90 7.44 -0.06 -0.8% -7.0% N/A 166.3
BFRE Be Free 5.88 -0.09 -1.6% 27.9% -84.0% 383.1
MMXI Media Metrix 25.25 -0.88 -3.3% -12.9% -30.9% 501.7
AVEA Avenue A 8.19 -0.38 -4.4% -13.8% N/A 475.5
NCNT Netcentives 9.44 -0.75 -7.4% -14.7% -85.2% 402.1
NTRT NetRatings 18.00 -1.50 -7.7% -10.6% -63.4% 584.7
CBLT Cobalt 5.31 -0.69 -11.5% -14.1% -44.6% 93.9
FSHP FreeShop.com 4.06 -0.53 -11.6% 16.1% -91.7% 63.8
-----------------------------------------------------------------------
Advertising/Marketing Ave. 4.9%
Not one company in this sector is up for the year. Worse, a half-dozen
stocks here have lost 80% or more, including this week’s leader,
Mediaplex. The online ad technology provider gained 16% more on
Thursday after a favorable mention in the Washington Post. Now MPLX
is down only 79.8% for the year. Will somebody wake up @plan, which
closed at exactly $6 per share for five out of six days through
Wednesday’s trading? Update: APLN surged to $6.06 on Thursday.
Ride that tiger, baby!
CONSULTANTS/DESIGNERS
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close Change %Change %Chan
ge Cap
PRFT Perficient 13.00 1.00 8.3% 25.3% -0.3% 78.9
IISX Integrated Info. 7.00 0.50 7.7% 2.7% N/A 143.3
ACOM AGENCY.COM 24.56 0.69 2.9% 17.0% -52.9% 874.5
PECS PEC Solutions 6.94 0.19 2.8% -23.4% N/A 154.5
LUMT Luminant 7.88 0.00 0.0% 5.9% -83.1% 207.8
GENI GenesisIntermedia 15.00 -0.25 -1.6% -2.8% 152.3% 81.2
OGNC Organic 7.44 -0.19 -2.5% -9.8% N/A 654.2
INFT Inforte 37.50 -1.56 -4.0% -12.9% N/A 465.0
MRCH marchFIRST 20.56 -1.00 -4.6% -1.5% -62.5% 3.1B
IIXL iXL Enterprises 10.88 -0.81 -7.0% -29.6% -80.8% 823.3
MMPT Modem Media 10.44 -1.38 -11.6% -14.8% -71.0% 255.8
DTAS Digitas 14.50 -2.88 -16.5% -36.3% N/A 834.3
RAZF Razorfish 12.75 -2.75 -17.7% -26.9% -73.8% 1.2B
LNTE Lante 8.94 -2.06 -18.8% -43.9% N/A 353.1
SCNT Scient 30.56 -7.13 -18.9% -36.3% -65.4% 2.2B
MSPR Mainspring 10.00 -2.75 -21.6% -33.3% N/A 188.0
PXCM Proxicom 22.63 -7.25 -24.3% -44.0% -64.4% 1.3B
CVGP Convergent 4.86 -2.20 -31.2% -30.6% N/A 211.0
VIAN Viant 14.50 -12.75 -46.8% -55.6% -71.4% 695.3
----------------------------------------------------------------------
Consultants/Designers Ave. -10.8%
Just when the rest of us were having so much fun, Consultant/Designers
have packed the list of 10 biggest losers with four tickers. Leading
the plunge is Viant, which warns investors that Q3 sales will fall
12%-15% short of second-quarter figures. Convergent Group, which
builds Web sites for local governments and utilities, takes some of
the sting out of this week’s loss with a 24% gain on Thursday.
SPEED/BANDWIDTH
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
NENG Network Engines 35.06 7.75 28.4% 32.9% N/A 1.2B
INAP InterNAP 33.00 6.69 25.4% 4.3% -62.7% 4.8B
IBEM iBEAM 10.00 1.88 23.1% -11.1% N/A 1.1B
CFLO CacheFlow 105.00 10.00 10.5% 64.2% -21.4% 4.1B
SONS Sonus Networks 165.44 14.75 9.8% -7.1% N/A 10.1B
JNPR Juniper Networks 203.88 17.13 9.2% 60.5% 251.8% 64.3B
FFIV F5 Networks 52.75 2.75 5.5% 20.7% -54.8% 1.1B
TERN Terayon Sys 52.88 2.75 5.5% -0.8% 64.6% 3.3B
AKAM Akamai Tech. 72.50 3.19 4.6% 5.6% -78.4% 7.7B
INKT Inktomi 126.00 5.25 4.3% 23.5% 38.8% 14.4B
TUTS Tut Systems 115.50 4.56 4.1% 33.3% 110.6% 1.8B
ATHM At Home 14.63 0.38 2.6% 8.8% -66.4% 5.9B
COVD Covad Grp. 16.13 0.38 2.4% -1.9% -57.7% 2.5B
WGAT WorldGate 18.63 0.00 0.0% -13.4% -61.7% 403.5
PKTR Packeteer 49.13 -0.06 -0.1% 23.4% -32.3% 1.3B
ATON Alteon WebSystems 145.88 -0.38 -0.3% 14.0% 62.6% 6.3B
CSCO Cisco Systems 66.56 -0.63 -0.9% 9.2% 21.5% 467.5B
AVCI Avici Systems 134.50 -3.38 -2.4% 1.9% N/A 6.2B
RSNT Resonate 38.44 -1.06 -2.7% N/A N/A 1.0B
RDWR Radware 32.94 -1.00 -2.9% 8.4% -25.3% 509.5
HSAC High Speed Access 5.50 -0.50 -8.3% 16.6% -69.5% 306.3
RAMP Ramp Networks 5.13 -0.56 -9.9% 7.9% -67.1% 111.0
BRCM Broadcom 238.44 -31.50 -11.7% 10.7% 71.2% 52.9B
SCMR Sycamore Networks 139.56 -20.31 -12.7% 27.7% 32.9% 34.2B
CAIS CAIS Internet 8.13 -1.31 -13.9% -5.8% -77.6% 187.8
--------------------------------------------------
--------------------
Speed/Bandwidth Ave. +2.8%
You often hear people say that infrastructure stocks are among the
best bets in the Internet universe. But is it really true? The numbers
indicate the answer is a big, fat “yes.” True, 12 of the 20 stocks
in the sector trading since the beginning of the year are down.
But across all Internet sectors, only 29 stocks are up this year, and
eight of those – or more than one out of four – come from this group.
No other sector comes even close to having that kind of representation
at the top. This group also boasts the top gainer of the year
(Juniper Networks) and the Internet’s largest company (Cisco Systems).
ISPs/ACCESS PROVIDERS
8/30 7-Day 7-Day 1-Month YTD Market
Company $Close $Change %Change %Change Cap
TLCT Telocity Delaware 5.25 1.13 27.3% 47.3% N/A 445.5
JWEB Juno Online 6.13 1.06 21.0% -14.8% -83.1% 238.1
GIGM GigaMedia 10.81 1.56 16.9% 43.9% N/A 528.0
TRRA Terra Networks 38.13 4.56 13.6% 7.2% -31.9% 10.5B
ISLD Digital Island 30.31 3.63 13.6% 13.1% -68.8% 2.1B
ELNK EarthLink 11.50 1.38 13.6% 3.4% -73.5% 1.4B
IIJI Internet/Japan 38.06 3.81 11.1% -19.7% -61.7% 1.7B
IZAP ZapME! 2.56 0.19 7.9% -22.6% -70.9% 112.7
NZRO NetZero 4.06 0.28 7.4% -20.2% -85.3% 425.9
VNWI VIA NET.WORKS 14.13 0.88 6.6% -8.5% N/A 843.0
BIZZ Biznessonline.com 2.78 0.16 6.0% -23.3% -61.1% 25.1
PCNTF Pacific Internet 13.13 0.69 5.5% -1.9% -72.7% 166.0
ONEM OneMain.com 9.69 0.44 4.7% 1.3% -36.8% 243.7
PNVN PNV 1.56 0.06 4.2% 13.7% -81.3% 24.9
GEEK Internet America 3.75 0.13 3.4% -13.1% -69.0% 36.4
PRGY Prodigy 7.88 0.13 1.6% 4.1% -60.3% 550.1
ZIPL Ziplink 5.50 0.06 1.1% 18.9% -57.0% 71.2
VRIO Verio 59.94 0.06 0.1% 17.5% 26.9% 4.9B
FSST FASTNET 2.03 0.00 0.0% -7.2% N/A 30.5
IDTC IDT Corp. 40.25 -0.50 -1.2% 6.3% 108.5% 1.5B
VOYN Voyager.net 6.88 -0.13 -1.8% -6.8% -26.8% 217.6
DDDC Deltathree.com 6.44 -0.13 -1.9% -9.6% -75.6% 185.6
ATHY AppliedTheory 7.59 -0.22 -2.8% -19.8% -73.2% 188.5
HANA Hanaro Telecom 5.19 -0.19 -3.5% -5.7% N/A 1.4B
PSIX PSINet 17.94 -0.81 -4.3% 12.1% -43.2% 3.4B
KOREA Korea Thrunet 7.44 -0.50 -6.3% -26.1% -89.3% 535.2
RMII RMI.Net 2.31 -0.19 -7.5% -11.9% -72.8% 50.6
NPLI Netpliance 5.25 -0.44 -7.7% -31.7% N/A 317.2
QSCG QS Communications 18.75 -1.63 -8.0% -10.7% N/A 955.8
FREE Freeserve 36.63 -3.38 -8.4% -19.5% -61.1% 3.7B
LOAX Log On America 3.44 -0.34 -9.1% -32.1% -83.4% 28.6
IGLD Internet Gold 5.63 -0.75 -11.8% -19.6% -75.3% 103.7
DSLN DSL.net 6.66 -2.08 -23.8% 71.8% -54.9% 438.5
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ISP/Access Provider Ave. 2.0%
Residential broadband services provider Telocity gains on deal to
offer two months of free service to consumers. Speaking of free
access, Juno Online lands in the runner-up slot, though it remains
down 83% for the year. Another free access provider, NetZero, is
down 85% YTD. Shareholders often sue companies, but Rhode Island
access provider Log On America is suing some shareholders for
allegedly shorting the stock as part of a takeover scheme.
