Last Friday we looked at the recent average performance of the 12
Internet sectors tracked by internet.com’s Internet Stock Report,
concluding that the market appears close to finding a bottom.
Today we’ll look at the report cards for the best- and worst-performing
Internet stocks since the beginning of the year.
First, some big-picture numbers. Heres a rough breakdown of how the 302
Internet companies we track have fared since Jan. 3:
| Gained 50% or more | 8 companies |
| Gained 20%-50% | 16 |
| Gained up to 20% | 10 |
| Lost up to 20% | 30 |
| Lost 20%-50% | 93 |
| Lost 50% or more | 145 |
The above numbers tell a grim story: Only 11% of Internet stocks trading all
year were up through April, while nearly half have lost more than 50% of
their value.
Worse, 10 Net stocks have dropped more than 80% so far this year. Those are
listed at the bottom of this column. First, though, lets look at the top
gainers through the first four months of 2000.
| TICKER | COMPANY | % GAIN |
| GENI | GenesisIntermedia.com | 180% |
| JNPR | Juniper Networks | 88% |
| TIBX | Tibco Software | 75% |
| CHKP | Check Point Software | 75% |
| INKT | Inktomi | 74% |
| IDTC | IDT Corp. | 68% |
| CAVN | Cavion Technologies | 62% |
| WGRD | WatchGuard Technologies | 60% |
| TERN | Terayon Communications | 48% |
| PRFT | Perficient | 45% |
The top gainers lean heavily toward network performance companies and
security vendors. What you dont see are e-commerce software companies,
among the hottest bets last year.
Now lets look at the investor nightmares: Companies that are returning less
than 20 cents on the dollar so far this year:
| TICKER | COMPANY | % LOSS |
| INSW | InsWeb | -88% |
| TCTY | Talk City | -87% |
| INSO | Inso | -86% |
| NCNT | Netcentives | -84% |
| SQST | SciQuest.com | -84% |
| LOIS | Loislaw.com | -82% |
| BLSW | Bluestone Software | -82% |
| LUMT | Luminant Worldwide | -81% |
| FSHP | FreeShop.com | -80% |
| ESTM | E-Stamp | -80% |
Not surprisingly, the list of big losers contains a number of companies from
troubled sectors, including content and e-tailers. You can count on many
companies in the above lost disappearing before the end of the year.
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