Red Menace Continues To Plague ‘Net Tickers

NOTE: Friday’s StockTracker Daily column now features internet.com’s free e-mail newsletter, Internet StockTracker, which covers the weekly performances of nearly 400 Internet stocks across 13 sectors. If you would like this newsletter delivered to your e-mail each Friday, you can sign up here.

Aug. 4, 2000 – Last week only one Internet sector posted a (razor-thin) gain. The rest lost ground, with one group turning in double-digit losses.

This week there are no sectors in the black, while eight of 13 plunged more than 10%. That’s because investors continue to see too much red in the quarterly reports bombarding Wall Street this earnings season.

The flow of Q2’s soon will dwindle to a trickle, but the bad aftertaste could linger through Labor Day. Next week won’t be as bad – we might even see a couple of sectors gain – but don’t count on anything resembling a sustained rally. In this summer of uncertainty and gloom, the market just isn’t ready.

  
PERFORMANCE BY SECTOR
                           Ave. 7-Day
                            % Change

Security                      -1.3%
Search/Portals                -8.6%
Content/Communities           -8.6%
Financial Services            -9.3%
Consultants/Designers         -9.6%
Advertising/Marketing        -11.6% 
ISPs/Access Providers        -12.6%  
E-tailers                    -14.0%
Performance Software         -14.5% 
Speed/Bandwidth              -14.9%
Wireless                     -15.2%
E-commerce Enablers          -15.3%
Internet Services            -17.5%

 
TOP 10 GAINERS                 7-Day % Gain     Category

NSSI   Network-1                  34.6%         Security
AXNT   AXENT                      33.1%         Security
DTHK   DigitalThink               17.8%         Content/Communities
SLTC   Selectica                  10.4%         E-Commerce Enablers
NTBK   [email protected]                    9.6%         Financial Services
EPRS   Eprise                      8.8%         Performance Software
SALN   Salon.com                   8.3%         Content/Communities
SGNT   Sagent Technology           8.2%         Performance Software
JPTR   Jupiter Comm.               8.0%         Internet Services
CSAV   coolsavings.com             8.0%         Advertising/Marketing

TOP 10 LOSERS                  7-Day % Loss     Category

DSLN   DSL.net                   -50.1%         ISPs/Access Providers
CLRN   Clarent                   -49.0%         Performance Software
RAMP   Ramp Networks             -46.1%         Speed/Bandwidth
LQID   Liquid Audio              -44.3%         E-Commerce Enablers
SNOW   Snowball.com              -43.1%         Content/Communities
NTGX   net.Genesis               -41.2%         Performance Software
VCNT   Vicinity                  -40.3%         Internet Services
SONE   S1 Corp.                  -40.2%         Performance Software
EXTN   Extensity                 -40.2%         Performance Software
CONV   Convergent Comm.          -39.8%         Internet Services

********************************************************************

                           WIRELESS PRODUCTS/SERVICES

                      8/2     7-Day   7-Day  1-Month   YTD   Market
      Company        $Close  $Change %Change %Change           Cap
                     
PALM  Palm            39.13    2.44    6.6%   22.5%    N/A    22.1B
GWRX  Geoworks        12.50   -1.13   -8.3%  -19.4%  -23.7%  232.7
PHCM  Phone.com       81.25   -8.50   -9.5%   13.6%  -28.4%    6.4B
PUMA  Puma Tech.      20.00   -2.19   -9.9%  -22.9%  -68.7%  838.5
IIIM  i3 Mobile       11.13   -1.31  -10.6%  -40.5%    N/A   252.6
DLK   Datalink.net    19.13   -3.37  -15.0%   43.7%  259.3%  267.9
AETH  Aether Systems 152.28  -28.84  -15.9%  -23.2%  117.2%    5.8B
MCOM  Metricom        32.75   -6.38  -16.3%   15.2%  -57.4%    1.0B
IWAV  interWAVE       14.25   -3.13

  -18.0%    4.1%    N/A   663.5
PRTH  Parthus Tech.   26.63   -7.50  -22.0%   -8.5%    N/A     1.4B
HAND  Handspring      29.56   -9.13  -23.6%   12.1%    N/A     3.7B
SVNX  724 Solutions   30.63   -9.63  -23.9%  -33.7%    N/A     1.1B
VYYO  Vyyo            26.50   -8.88  -25.1%  -16.5%    N/A   943.7
GOAM  GoAmerica        9.88   -3.50  -26.2%  -34.4%    N/A   466.1
INSP  InfoSpace       31.44  -16.31  -34.2%  -44.4%  -40.0%    7.2B
-------------------------------------------------------------------
       Wireless Ave.                 -15.2%         

In its first week of trading since being spun off from network equipment vendor 3Com, handheld Internet device manufacturer Palm becomes the only member of this sector to gain share price. Everyone else took a bath, including several of this year’s highest Internet flyers, wireless applications services provider Datalink.net and content and transaction services provider Aether Systems. Still reeling from adverse market reaction to its proposed purchase of content network Go2Net, InfoSpace loses more than one-third of its value (yet, amazingly, doesn’t crack the list of top 10 decliners).

     
                               SEARCH/PORTALS

                       8/2   7-Day   7-Day  1-Month   YTD   Market
       Company       $Close $Change %Change %Change          Cap
                     
GOTO   GoTo.com       15.38   0.00    0.0%    1.7%  -73.3%  754.2
AOL    America Online 52.25  -1.25   -2.3%   -2.7%  -29.3%  120.0B
BOUT   About.com      31.06  -0.88   -2.7%    7.1%  -64.6%  550.5
GO     Go.com         10.63  -0.44   -4.0%  -10.1%  -54.3%    1.7B
STRM   StarMedia      14.69  -0.75   -4.9%  -21.1%  -62.5%  956.3
YHOO   Yahoo!        127.13  -8.81   -6.5%   -0.6%  -40.0%   69.8B
SINA   SINA.com       22.13  -2.38   -9.7%  -20.8%    N/A   881.9
LCOS   Lycos          58.06  -7.69  -11.7%    8.9%  -25.4%    6.4B
CHINA  Chinadotcom    15.50  -2.63  -14.5%  -22.7%  -59.7%    1.4B
LOOK   LookSmart      17.00  -4.05  -19.2%  -12.0%  -35.7%    1.5B
ASKJ   Ask Jeeves     17.31  -4.13  -19.2%   -1.4%  -84.3%  616.8
------------------------------------------------------------------
       Search/Portals Ave.           -8.6%         

This sector doesn’t even have a gainer. At least GoTo.com has stabilized since dropping below $20 per share after reporting wider quarterly losses on July 24. But with a loss of 73% in the YTD, the pay-for-position search engine is in jeopardy. As is Ask Jeeves, which shares the cellar this week with LookSmart. For the year, though, ASKJ is in a category by itself, with a mind-numbing loss of 84%. It’s hard to imagine any company doing worse than that, but I count 26 other ‘Net tickers that have lost even more of their value. ASKJ rallied briefly last week after beating street estimates of a 56 cents per share Q2 loss. This week investors put ASKJ’s actual loss of 51 cents per share in better perspective.

                            CONTENT/COMMUNITIES 

                         8/2    7-Day   7-Day  1-Month  YTD    Market
       Company         $Close  $Change %Change %Change          Cap 

ARTD   Artistdirect      3.31    0.06    1.9%    N/A    N/A    122.5
DTHK   DigitalThink     53.00    8.00   17.8%   49.0%   N/A      1.8B
SALN   Salon.com         1.63    0.13    8.3%   36.8%  -66.8%   22.5
EDGR   EDGAR Online      3.69    0.25    7.3%    0.9%  -48.9%   45.9
INFO   Infonautics       3.97    0.22    5.8%  -16.4%  -42.1%   48.3
VDAT   Visual Data       3.00    0.13    4.3%  -27.3%  -73.3%   25.4
SPLN   SportsLine.com   17.00    0.44    2.6%    0.9%  -65.3%  448.3
MKTW   MarketWatch.com  16.75    0.38    2.3%  -13.0%  -53.1%  236.4
CBDR   CareerBuilder     8.00    0.16    2.0%  120.7%   27.0%  190.5
ONES   OneSource        11.13    0.19    1.7%   50.8%  -15.4%  128.9
WOMN   Women.com         4.38    0.06    1.4%   14.7%  -68.6%  204.5
ILIF   ilife.com         1.38    0.00

    0.0%   10.0%  -68.8%   19.2
SWBD   Switchboard       8.03   -0.25   -3.0%  -17.6%    N/A   197.9
HCEN   HealthCentral.com 3.13   -0.13   -3.8%    N/A   -56.3%  141.1
ZDZ    ZDNet            16.75   -0.69   -3.9%   75.2%  -18.5%    1.3B
TCTY   Talk City         1.50   -0.06   -4.0%   -4.0%  -94.1%   37.5
IASIA  Asiacontent.com   3.03   -0.16   -4.9%  -21.8%    N/A   104.1
MPPP   MP3.com           9.81   -0.56   -5.4%  -29.0%  -68.4%  669.1
CNET   CNET Networks    28.56   -1.69   -5.6%   15.1%  -48.6%    2.5B
MLTX   Multex.com       23.25   -1.50   -6.1%   -9.0%  -36.9%  706.5
NETR   NetRadio          1.94   -0.13   -6.1%    N/A   -76.0%   19.4
HSTM   HealthStream      3.50   -0.25   -6.7%  -36.4%    N/A    68.2
TGLO   theglobe.com      1.56   -0.13   -7.4%  -10.7%  -80.9%   47.7
KNOT   Knot              3.69   -0.31   -7.8%   -1.7%  -55.3%   53.8
GNET   Go2Net           55.69   -4.88   -8.0%   14.1%  -34.6%    1.7B
HOMS   Homestore.com    35.00   -3.19   -8.3%   21.7%  -51.8%    2.8B
HOOV   Hoover's          7.19   -0.69   -8.7%    N/A   -16.1%   93.4
NBCI   NBC Internet     10.38   -1.14   -9.9%  -18.2%  -86.3%  631.8
TURF   iTurf             3.31   -0.38  -10.2%    N/A   -72.8%   70.0
EWBX   EarthWeb         12.19   -1.44  -10.6%  -12.6%  -75.2%  128.4
LAUN   Launch Media      6.75   -0.81  -10.7%  -22.9%  -63.6%   91.5
IVIL   iVillage          6.50   -0.91  -12.2%  -20.0%  -67.2%  192.9
TPN    TownPagesNet      2.13   -0.31  -12.7%   21.4%  -57.6%   20.4
STAD   Student Advantag  7.44   -1.44  -16.2%    4.4%  -65.7%  265.9
TSCM   TheStreet.com     5.00   -1.00  -16.7%  -18.4%  -73.4%  126.8
PASA   quepasa.com       1.06   -0.22  -17.1%  -37.0%  -91.4%   20.0
VERT   VerticalNet      46.13  -10.63  -18.7%   27.4%  -42.5%    3.7B
QKKA   Quokka Sports     6.19   -1.56  -20.2%  -19.5%  -51.8%  275.5
INTM   internet.com     19.16   -4.84  -20.2%   -1.1%  -62.5%  480.7
IMPV   ImproveNet        1.56   -0.50  -24.2%  -34.2%    N/A    26.1
HGAT   HealthGate Data   1.13   -0.50  -30.8%  -40.0%    N/A    20.1
LOIS   Loislaw.com       8.38   -3.94  -32.0%    N/A   -78.1%  175.8
KOOP   drkoop.com        1.09   -0.66  -37.5%  -38.6%  -90.6%   38.0
SNOW   Snowball.com      2.06   -1.56  -43.1%  -55.4%    N/A    77.5
---------------------------------------------------------------------
       Content/Comm. Ave.                -8.6%        

Online e-learning company DigitalThink is emerging as a star in this sector, though there’s not a lot of competition. DTHK is one of only six content players with a billion-dollar market cap, and it has gained 49% in the past month and 94% from its Feb. 25 first-day closing price of $29. Salon.com gets a boost after reporting quarterly losses of 36 cents per share, beating estimates of 41 cents per share. Revenues nearly doubled to $1.8 million from $1 million. It doesn’t matter; SALN is going away, along with any other company sporting rapidly shrinking market caps. “Gen i” content network Snowball.com
last week reported 459% revenue growth over the year-ago quarter and reduced losses from the previous quarter, but investors focus on the bottom line ($14.3 million net loss). Last week’s top Internet gainer, drkoop.com, returns to form after merger talks with a prospective savior fall through and a large corporate shareholder announces it will unload 2.75 million shares of KOOP, which is like trying to sell Confederate currency in 1866.

   
                                E-TAILERS 

                           8/2   7-Day   7-Day  1-Month   YTD  Market
       Company          $ Close $Change %Change %Change          Cap  
                     
EFTD   FTD.COM             2.13   0.16    7.9%  -11.7%  -58.6%  100.5
DSCM   Drugstore.com       5.81   0.31    5.7%  -19.1%  -83.6%  303.2
CDNW   CDnow               2.92   0.00    0.0%   -2.6%  -69.8%   95.9
VUSA   Value America       0.78   0.00    0.0%  -24.2%  -84.2%   35.5
GDEN   Garden.comIn

c       1.81  -0.03   -1.7%  -27.5%  -78.7%   31.9
ALOY   Alloy Online       10.88  -0.31   -2.8%   -1.7%  -29.5%  191.7
ROOM   Hotel Reservations 33.88  -1.13   -3.2%    5.0%    N/A     1.9B
CTIX   Cheap Tickets      11.69  -0.44   -3.6%    1.1%  -12.8%  282.9
TMCS   Ticketmaster       20.56  -0.81   -3.8%   25.6%  -45.3%    1.8B
AMEN   Crosswalk.com       2.25  -0.13   -5.3%    1.4%  -55.1%   17.3
INSW   InsWeb              1.41  -0.09   -6.2%  -37.5%  -94.4%   49.4
ESTM   E-Stamp             1.34  -0.09   -6.5%  -23.2%  -93.8%   52.6
FASH   Fashionmall.com     2.06  -0.16   -7.0%    N/A   -52.5%   15.5
EBAY   eBay               48.88  -3.81   -7.2%   -7.5%  -20.2%   12.8B
LMIN   Lastminute.com     11.06  -1.00   -8.3%  -28.6%    N/A   332.6
HITS   Musicmaker.com      1.19  -0.11   -8.4%  -29.6%  -79.3%   39.4
VSTY   Varsity Group       0.97  -0.09   -8.8%  -32.6%    N/A    15.2
EXPE   Expedia            16.75  -2.13  -11.3%   -2.9%  -51.1%  742.5
WBVN   Webvan Group        5.19  -0.72  -12.2%  -21.1%  -64.2%    1.7B 
PCLN   priceline.com      24.81  -3.81  -13.3%  -38.0%  -46.5%    4.2B
BFLY   Bluefly             2.00  -0.31  -13.5%   -8.6%  -80.2%    9.9
SQST   SciQuest.com        9.63  -1.63  -14.4%  -12.5%  -87.6%  273.1
AMZN   Amazon.com         30.81  -5.25  -14.6%  -16.7%  -58.6%   10.8B
HOMG   HomeGrocer.com      5.13  -0.88  -14.6%  -15.5%    N/A   657.2
IPET   Pets.com            1.44  -0.25  -14.8%  -36.1%    N/A    42.5
EGGS   Egghead.com         2.25  -0.41  -15.3%  -18.2%  -85.8%   90.7
EMUS   EMusic.com          1.84  -0.34  -15.7%  -22.4%  -81.6%   79.0
AHWY   audiohighway.com    2.00  -0.38  -15.8%   -8.6%  -76.1%   12.8
SKDS   SmarterKids.com     1.81  -0.38  -17.1%   -3.3%  -74.4%   37.1
BUYX   BUY.COM             3.88  -0.84  -17.9%  -25.3%    N/A   510.0
ASFD   Ashford.com         3.31  -0.75  -18.5%   29.3%  -69.2%  149.0
EBKR   Ebookers.com        7.50  -1.75  -18.9%  -10.4%  -55.7%  127.7
PPOD   Peapod              2.38  -0.63  -20.8%  -32.1%  -71.9%   42.6
ETYS   eToys               4.19  -1.19  -22.1%  -29.5%  -83.7%  509.1
COOL   Cyberian Outpost    3.31  -1.09  -24.8%  -30.3%  -65.9%   94.3
FATB   Fatbrain.com        5.00  -1.69  -25.2%  -30.7%  -79.6%   65.0
BYND   Beyond.com          1.03  -0.37  -26.7%  -31.3%  -86.5%   39.2
TIXX   Tickets.com         2.28  -0.84  -27.0%  -37.1%  -83.7%  132.9
ADBL   Audible             2.09  -0.91  -30.2%  -50.0%  -85.7%   57.3
BNBN   Barnes&Noble.com    3.84  -1.78  -31.7%  -42.0%  -72.3%  560.6
VSHP   VitaminShoppe.com   1.06  -0.56  -34.6%  -15.0%  -88.1%   21.6
PLRX   PlanetRx.com        0.88  -0.47  -34.9%  -41.7%  -93.8%   45.3
BGST   BigStar             0.69  -0.38  -35.3%  -45.0%  -90.9%    7.0
----------------------------------------------------------------------
       E-tailers Ave.                   -14.0%         

Members of the e-tail sector are like actors in a slasher movie – nearly all of them are doomed; it’s just a matter of when their time comes. This week, five victims fall at least 30%. Four stocks in the group now trade for less than $1 per share, and another nine are under $2 per share. Two e-tailers have market caps below $10 million, which, under SEC guidelines, qualifies them for food stamps. And the top performer for the year among this group is Cheap Tickets, which is down nearly 13%. Want more disaster stats? Of the 36 e-tailers that have been trading all year, 22 have lost at least 70% of their
value. But to me, the most amazing E-tail Fun Fact is this: Underwriters managed to take a half-dozen online merchants public this year.

  
                               FINANCIAL SERVICES 

                          8/2    7-Day   7-Day   1-Month   YTD   Market
      Company           $Close  $Change %Change  %Change          Cap

NTBK  [email protected]           11.44    1.00    9.6%    -6.6%  -36.8%  342.9
DIR   DLJdirect           6.88    0.38    5.8%

  -8.3%  -48.2%  705.7
AMTD  Ameritrade         12.94   -0.31   -2.4%    11.9%  -39.0%    2.3B
MDCM  Mortgage.com        1.16   -0.03   -2.6%   -19.6%  -79.7%   51.2
LINE  onlinetrading.com   4.63   -0.25   -5.1%   -14.0%  -56.5%   53.1
CMGI  CMGI               35.19   -3.69   -9.5%   -24.0%  -74.0%   10.4B
WITC  Wit Soundview       8.19   -1.03  -11.2%   -25.1%  -50.8%  737.5
ICGE  Internet Capital   32.25   -4.25  -11.6%    -8.0%  -80.6%    8.5B
DVIN  divineInterventures 7.94   -1.06  -11.8%     N/A     N/A     1.1B
EGRP  E*TRADE            13.94   -2.19  -13.6%   -15.8%  -45.5%    4.1B
EELN  E-Loan              3.75   -0.63  -14.3%   -16.7%  -76.4%  158.0
ECMV  E Com Ventures      1.63   -0.31  -16.1%   -45.3%  -50.8%   15.9
WEBS  Web Street          2.31   -0.53  -18.7%   -10.8%  -80.9%   59.4
TREE  LendingTree         7.06   -1.63  -18.7%    -7.4%    N/A   127.3
NXCD  NextCard            8.47   -2.03  -19.3%    -5.6%  -70.0%  447.2
----------------------------------------------------------------------
       Financial Services Ave.           -9.3%         

Even one of the smallest Internet herds is not impervious from the brutal thinning-out process. Mortgage.com, onlinetradinginc.com, E Com Ventures, Web Street – all soon to become memories. For the year, this sector is down 61%. Don’t expect things to improve soon, either; the big online brokers are fighting lower trading volumes, while CMGI and Internet Capital Group are fighting the market’s sudden lack of confidence in ‘Net incubators. In fact, on Thursday CMGI said it will change the way it reports revenue in order to reposition itself to investors and kickstart moribund shares. The company intends to emphasize its operating businesses and downplay its role as a venture capital firm.

                               E-COMMERCE ENABLERS
              
                        8/2    7-Day   7-Day  1-Month    YTD   Market
      Company         $ Close $Change %Change %Change           Cap 

SLTC  Selectica        57.69    5.44   10.4%   -23.1%    N/A     2.1B
SABA  Saba Software    20.50    1.38    7.2%     2.2%    N/A   893.5
RETK  Retek            31.88    1.75    5.8%     1.0%  -56.7%    1.5B
CKCM  Click Commerce   25.44    1.19    4.9%    17.0%    N/A   948.3
ELCO  Elcom Int.        6.13    0.00    0.0%   -12.5%  -81.6%  188.1
GSPT  Global Sports     8.00    0.00    0.0%    17.4%  -34.9%  173.6
QUOT  Quotesmith.com    2.50   -0.06   -2.4%    14.3%  -77.5%   48.1
BBSW  Broadbase        22.06   -0.56   -2.5%   -26.3%  -59.9%    1.0B
AGIL  Agile Software   51.00   -2.88   -5.3%   -31.2%  -52.0%    2.4B
QSFT  Quest Software   47.75   -2.75   -5.4%   -12.0%   -4.3%    4.1B
APNT  AppNet           34.63   -2.00   -5.5%    -1.8%  -19.1%    1.2B
ARBA  Ariba           114.81   -7.44   -6.1%    16.1%   32.3%   27.1B
CMRC  Commerce One     43.63   -3.25   -6.9%    -2.0%  -54.6%    6.8B
SNHK  Sunhawk.com      14.38   -1.13   -7.3%   -10.2%    N/A    43.3
ITWO  i2 Technologies 119.56  -10.88   -8.3%    16.1%   25.3%   23.4B
ONVI  Onvia.com         7.88   -0.75   -8.7%    -3.1%    N/A   634.1
OMKT  Open Market       6.56   -0.67   -9.3%   -51.2%  -85.1%  303.6
CYSV  Cysive           21.13   -2.19   -9.4%   -11.5%  -40.1%  585.6
BVSN  BroadVision      34.06   -3.56   -9.5%   -34.6%  -38.6%    8.5B
ASWX  Active Software  55.69   -6.31  -10.2%   -30.1%  -38.2%    1.4B
ABTL  Autobytel.com     4.88   -0.59  -10.9%   -22.4%  -67.2%   98.5
TANN  Tanning Tech.    17.88   -2.31  -11.5%    10.9%  -69.0%  376.3
PRSW  Persistence      17.00   -2.30  -11.9%   -11.1%  -22.8%  331.7
DRIV  Digital River     6.38   -0.88  -12.1%   -15.0%  -80.4%  139.2
INTW  InterWorld       20.50   -2.88  -12.3%     0.9%  -75.5%  583.8
PPRO  PurchasePro.com  40.38   -5.75  -12.5%     2.4%  -70.0%    1.3B
BRNC  Braun Consulting 19.94   -2.94  -12.8%    -9.6%  -71.5%  397.9
NETP  Net Perceptions  11.69   -1.81  -13.4%   -27.8%  -71.6%  311.5
FAIM

  FairMarket        4.72   -0.78  -14.2%   -34.9%    N/A   132.8
CORI  Corillian         9.75   -1.75  -15.2%   -42.6%    N/A   287.9
PRVW  Preview Systems  10.00   -1.81  -15.3%   -20.8%  -84.3%  169.2
HCOM  HomeCom           0.69   -0.13  -15.4%   -38.8%  -78.0%    5.7
ORCC  Online Resources  6.25   -1.19  -16.0%     N/A   -61.6%   74.1
BTBC  b2bstores.com     1.81   -0.38  -17.1%   -27.5%    N/A    15.6
STCS  Software Tech.   22.88   -4.88  -17.6%   -27.7%    N/A     1.6B
EPNY  E.piphany        89.44  -19.19  -17.7%   -13.8%  -59.0%    4.0B
WEBM  webMethods      109.00  -24.13  -18.1%   -30.3%    N/A     3.5B
OPUS  Opus360           3.06   -0.75  -19.7%   -18.3%    N/A   153.4
AWEB  Autoweb.com       1.75   -0.44  -20.0%   -20.0%  -83.6%   51.5
ARTG  Art Technology   83.56  -25.25  -23.2%   -14.3%   33.3%    5.6B
IMPV  ImproveNet        1.56   -0.50  -24.2%   -34.2%    N/A    26.1
CYBS  CyberSource       8.50   -2.75  -24.4%   -43.1%  -83.2%  221.0
PFSW  PFSweb            3.25   -1.06  -24.6%   -32.5%  -91.1%   58.1
PRTS  PartsBase.com     5.13   -1.75  -25.5%   -18.0%    N/A    75.9
USIT  U.S. Interactive 12.19   -4.19  -25.6%   -18.7%  -71.0%  323.2
CYCH  CyberCash         4.13   -1.44  -25.8%   -30.9%  -54.4%  102.3
CLIC  Calico Commerce   8.50   -3.00  -26.1%   -46.9%  -83.6%  297.3
EPAY  Bottomline Tech. 19.75   -7.00  -26.2%   -34.2%  -43.9%  214.6
XCAR  XCare.net         3.56   -1.53  -30.1%   -38.7%    N/A    57.8
DGIN  Digital Insight  28.50  -12.44  -30.4%   -11.8%  -19.9%  662.8
ITRA  Intraware         7.88   -3.77  -32.3%   -49.2%  -89.9%  206.6
NEOF  Neoforma.com      3.38   -1.69  -33.3%   -51.8%    N/A   233.2
ROWE  Rowecom           4.03   -2.22  -35.5%   -19.4%  -90.9%   41.7
FIRE  FirePond         17.81  -10.19  -36.4%   -52.3%    N/A   632.2
PCOR  pcOrder.com       4.88   -3.13  -39.1%   -35.8%  -90.2%   82.1
LQID  Liquid Audio      6.13   -4.88  -44.3%   -29.0%  -76.2%  135.2
--------------------------------------------------------------------
      E-commerce Enablers Ave.        -15.3%         

After announced on July 18 a doubling of its net loss for its first quarter, Selectica dropped 40% over the next two weeks. It rebounds enough this week to lead the sector. Liquid Audio, which runs a global online music distribution network, gets hammered by investors (and downgraded by some analysts) for wider quarterly net losses. pcOrder.com cuts its losses, but revenue growth is in double-digits, not good in what is supposed to be an early-stage market. Intraware, Open Market, Neoforma and FirePond have lost about half their value in the past month. HomeCom Communications, which makes software
for financial business applications and owns the smallest market cap of all companies followed by Internet StockTracker, announces it will divest a marketing and insurance agency it bought just a year ago, and will hire a new CFO.

                                 SECURITY

                         8/2   7-Day   7-Day  1-Month   YTD   Market
      Company          $Close $Change %Change %Change          Cap  
   
NSSI  Network-1          6.81   1.75   34.6%   21.1%  -35.6%   41.9
AXNT  AXENT             25.38   6.31   33.1%    3.6%   23.5%  731.0
WGRD  WatchGuard        53.13   0.13    0.2%    5.7%   79.4%    1.2B
ENTU  Entrust Tech.     27.13  -1.88   -6.5%  -64.8%  -53.8%    1.5B
LTNX  Litronic           6.13  -0.44   -6.7%  -35.5%  -21.8%   60.5
CHKP  Check Point      113.19  -8.56   -7.0%    2.6%  132.8%   17.4B
RSAS  RSA Security      61.81  -5.06   -7.6%  -16.8%  -18.5%    2.4B
VONE  V-ONE              3.25  -0.38  -10.3%  -35.0%  -43.5%   67.1
ISSX  Internet Security 65.88  -9.44  -12.5%  -34.1%   -5.4%    2.8B
ITRU  InterTrust        15.75  -2.69  -14.6%  -22.9%  -72.6%    1.3B
PILT  Pilot Network     12.00  -2.38  -16.5%  -17.9%  -48.9%  180.9
--------------------------------------------------------------------

  Security Ave.                   -1.3%         

The top two gainers in this sector also lead all ‘Net stocks this week and almost pull this sector into the black. There’s no catalyst in sight to explain NSSI’s rise. The last news from the company was a customer win on Aug. 1; since then the stock has declined slightly. AXENT Technologies performance is much easier to explain: Computer security software vendor Symantec announced it would buy AXENT in a deal that initially values shares of the network security firm at $31.84 each.

                             PERFORMANCE SOFTWARE

                         8/2    7-Day   7-Day  1-Month  YTD   Market
       Company         $Close  $Change %Change %Change         Cap  
 
EPRS   Eprise           19.31    1.56    8.8%   21.7%    N/A   485.1
SGNT   Sagent Tech.      9.88    0.75    8.2%  -28.5%  -66.3%  278.7
MONE   MatrixOne        48.00    3.25    7.3%   17.1%    N/A     2.0B
VMDC   VantageMed        2.38    0.13    5.6%   28.8%    N/A    20.4
OTEX   Open Text        20.56    0.94    4.8%   -4.4%   16.7%  415.0
OTGS   OTG Software     33.00   -0.56   -1.7%   -2.2%    N/A   841.2
TIBX   Tibco Software  100.50   -1.88   -1.8%   -8.6%  101.3%   19.1B
BWEB   BackWeb          18.75   -0.50   -2.6%  -23.5%  -54.5%  696.6
IWOV   Interwoven       67.50   -1.94   -2.8%   14.3%   13.4%    3.3B
RHAT   Red Hat          19.44   -0.63   -3.1%  -25.1%  -81.2%    3.1B
NSPK   NetSpeak          8.50   -0.50   -5.6%  -15.0%  -59.1%  117.5
GTHR   GetThere         10.00   -0.69   -6.4%   -5.3%  -74.6%  334.3
COBT   Cobalt Networks  46.38   -3.38   -6.8%  -16.4%  -56.3%    1.3B
IMAN   iManage           9.38   -0.81   -8.0%  -10.7%  -70.2%  205.9
LOUD   Loudeye Tech.    15.75   -1.38   -8.0%  -17.1%    N/A   579.5
ALLR   Allaire          31.31   -2.81   -8.2%  -23.4%  -56.3%  846.6
VOCL   VocalTec         18.69   -1.75   -8.6%  -19.8%   14.0%  226.0
VIGN   Vignette         35.13   -3.63   -9.4%  -32.1%  -33.9%    6.8B
PASW   PASW              2.88   -0.31   -9.8%    2.2%  -48.4%   12.9
NESY   NEON Systems     11.38   -1.25   -9.9%  -48.3%  -70.4%  107.2
TMNT   Telemate.Net      2.16   -0.25  -10.4%  -32.4%  -86.4%   16.7
RWAV   Rogue Wave        6.00   -0.73  -10.9%   28.0%  -23.4%   64.8
RNWK   RealNetworks     37.81   -4.69  -11.0%  -28.0%  -35.8%    5.9B
WEBT   WebTrends        29.06   -4.00  -12.1%  -21.8%  -26.7%  756.8
SQSW   Sequoia          11.44   -1.63  -12.4%  -41.3%    N/A   340.3
VIAD   Viador           10.13   -1.88  -15.6%  -37.5%  -75.6%  169.2
INSO   Inso Corp.        5.75   -1.09  -16.0%    4.5%  -81.8%   97.0
WAVO   WAVO              0.66   -0.12  -16.0%  -16.0%  -82.7%   19.4
LBRT   Liberate Tech.   22.38   -4.63  -17.1%  -20.1%  -82.2%    2.0B
FVCX   FVC.com           4.81   -1.00  -17.2%  -37.4%  -57.9%   82.8
SWCM   Software.com     98.38  -21.25  -17.8%  -25.5%    4.7%    4.7B
DTEC   Delano Tech.     11.38   -2.56  -18.4%   -8.8%    N/A   341.0
IPIX   Internet Pict.   10.00   -2.31  -18.8%  -38.7%  -38.3%  590.8
WBSN   Websense         19.88   -4.75  -19.3%  -21.1%    N/A   387.7
BLSW   Bluestone        18.94   -5.06  -21.1%  -25.7%  -83.2%  386.5
EMBT   Embarcadero      29.50   -8.00  -21.3%   15.7%    N/A   776.4
PRSF   Portal Software  47.13  -13.63  -22.4%  -25.1%   -6.4%    7.6B
DGV    Digital Lava      5.19   -1.51  -22.6%  -15.3%  -24.3%   24.3
CWLD   CrossWorlds      16.81   -5.13  -23.4%  -10.9%    N/A   417.3
VATA   Versata          29.88   -9.25  -23.6%  -26.5%    N/A     1.2B
NTOP   Net2Phone        26.63   -8.69  -24.6%  -27.2%  -40.8%    1.5B
SSSW   SilverStream     29.13  -10.31  -26.1%  -48.8%  -75.0%  589.9
PKSI   Primus Knowledge 19.95   -9.55  -32.4%  -55.8%  -55.0%  352.2
CTRA   Centra Software   7.41   -4.53  -38.0%  -22.6%    N/A   178.8
EXTN   Extensity        19.75  -13.25  -40.2%  -47.3%    N/A   466.5
SONE   S1 Corp.         15.50  -10.44  -40.2%  -30.9%  -79.7%  839.9
NTGX   net.Ge

nesis       9.00   -6.31  -41.2%  -53.7%    N/A   189.5
CLRN   Clarent          40.00  -38.44  -49.0%  -45.1%  -47.4%    1.3B
---------------------------------------------------------------------
       Performance Software Ave.       -14.5%         

Four members of this sector earn their way onto the list of 10 biggest losers this week. Starting from the bottom: Clarent, which sells ‘Net voice and data systems to telcos, beats the street with a net profit of 1 cent per share (analysts expected a loss of 3 cents per share). CLRN also saw quarterly revenue triple to $28.3 million. But investors may be concerned about expected increases in spending for R&D, and a Lehman Brothers analyst slashed his forecast for 2001 earnings to 10 cents a share from 31 cents a share. Net loss for net.Genesis doubles to $5.8 million. Widening losses due to pricing pressures
send S-1 Corp. southward, while Extensity continues to fall in the wake of its July 17 quarterly, which showed growing losses from the year-ago quarter.

                                INTERNET SERVICES 

                         8/2    7-Day   7-Day  1-Month    YTD   Market
      Company          $Close  $Change %Change %Change           Cap

JPTR  Jupiter Comm.     27.00    2.00    8.0%   10.5%    -8.8%  417.3
LPSN  LivePerson         9.06    0.25    2.8%    6.6%     N/A   266.1
EFAX  eFax.com           0.53    0.00    0.0%  -50.0%   -92.5%    7.0
LIOX  Lionbridge Tech.   8.00   -0.06   -0.8%  -16.9%   -55.2%  201.9
NAVI  NaviSite          42.25   -0.44   -1.0%   -1.5%   -13.7%    2.4B
NVDC  Navidec            7.50   -0.13   -1.6%  -16.7%   -36.1%   82.9
WQNI  WorldQuest         5.00   -0.13   -2.4%  -28.6%     N/A    31.9
ACRU  Accrue Software   25.00   -0.75   -2.9%  -30.4%   -52.8%  689.1
SAPE  Sapient          120.81   -4.38   -3.5%   15.9%   -12.4%    7.1B
HHNT  HeadHunter.NET     7.50   -0.56   -7.0%  -25.0%   -39.0%   81.8
HLTH  Healtheon/WebMD   13.19   -1.06   -7.5%   -9.0%   -64.1%    2.4B
INIT  Interliant        15.31   -1.38   -8.2%  -31.9%   -39.8%  727.7
USIX  USinternetworking 15.00   -1.38   -8.4%  -24.1%   -67.1%    1.5B
MAIL  Mail.com           8.13   -0.91  -10.0%   41.3%   -55.7%  461.5
CRFH  Crayfish Co.       5.88   -0.69  -10.5%  -17.5%     N/A   298.9
DIGX  Digex Inc.        67.75   -8.38  -11.0%   -0.6%     0.7%    4.3B
IPRT  iPrint.com         4.63   -0.63  -11.9%   -2.6%     N/A   138.4
BWAY  Breakaway Sol.    26.25   -3.58  -12.0%   -9.1%   -26.5%  926.1
CTCH  CommTouch         19.13   -3.13  -14.0%  -41.2%   -59.8%  289.2
ECRU  E-Cruiter.com      3.00   -0.50  -14.3%  -25.0%   -57.0%   22.1
HOTJ  HotJobs.com       15.63   -2.69  -14.7%   25.0%   -63.5%  497.8
MDLI  MedicaLogic        5.13   -0.94  -15.5%  -43.1%   -75.1%  204.6
EXDS  Exodus Comm.      45.19   -8.88  -16.4%    2.7%    4.0%    18.6B
EGRT  Egreetings         1.56   -0.31  -16.7%    4.2%   -84.2%   54.7
JFAX  JFAX.COM           2.22   -0.50  -18.4%   44.9%   -66.3%   80.1
DRTN  Data Return       24.88   -6.06  -19.6%  -10.6%   -52.5%  883.0
VRSN  VeriSign         143.44  -35.75  -20.0%  -21.8%   -23.2%   27.9B
FUSN  Fusion Networks    1.44   -0.41  -22.0%  -28.1%     N/A    39.5
NETZ  Netzee             5.75   -1.63  -22.0%    N/A    -64.7%  124.8
WNET  WHEREVER.net       2.50   -0.72  -22.3%  -28.6%     N/A    63.8
NTWO  N2H2               3.00   -0.88  -22.6%  -42.2%   -87.0%   67.4
SVVS  Savvis Comm.      11.25   -3.38  -23.1%  -13.9%     N/A     1.0B
CPTH  Critical Path     50.50  -15.81  -23.8%  -14.4%   -45.3%    3.1B
IBAS  iBasis            18.75   -5.94  -24.1%  -54.5%   -33.4%  636.1
KEYN  Keynote Systems   33.75  -10.75  -24.2%  -47.9%   -53.2%  902.5
STMP  Stamps.com         4.56   -1.53  -25.1%  -39.7%   -88.8%  222.9
SKIL  SkillSoft         13.50   -5.00  -27.0%   -1.8%     N/A   178.7
KANA  Kana Comm.        32.00  -11.94  -27.2%  -50.7%   -68.1%    2.9B
MRBA  Marimba           18.00   -6.75  -27.3%

 -4.6%   -60.1%  419.6
SRCH  US SEARCH.com      2.25   -0.84  -27.3%    7.5%   -69.3%   40.4
RCOM  Register.com      22.31   -8.44  -27.4%  -33.5%     N/A   698.0
CHRD  Chordiant         11.88   -4.50  -27.5%  -32.6%     N/A   435.6
CLAI  Claimsnet.com      2.06   -0.81  -28.3%  -41.1%   -78.9%   16.1
ITXC  ITXC              19.00   -7.88  -29.3%  -50.4%   -42.3%  731.1
EGAN  eGain              7.88   -3.50  -30.8%  -37.3%   -78.7%  233.1
LFMN  Lifeminders       20.00   -9.00  -31.0%  -32.5%   -64.6%  473.0
ETIN  Etinuum            3.13   -1.47  -32.0%  -40.5%     N/A    56.2
CAVN  Cavion Tech.       5.69   -3.06  -35.0%  -43.1%   -25.0%   28.2
CONV  Convergent         3.31   -2.19  -39.8%  -56.9%   -78.7%   96.6
VCNT  Vicinity          15.19  -10.25  -40.3%  -19.5%     N/A   426.5
---------------------------------------------------------------------
      Internet Services Ave.           -17.5%         

It was a tough contest, but this sector limps away with the worst numbers of the week. It took a team effort, though, as 24 of the 50 stocks in the group fell at least 20%. Leading the plunge is Vicinity, which is on the downside of a brief run-up triggered mid-month by news that Verizon Wireless will use VCNT’s Internet marketing infrastructure service in its new mobile Web service. Shares have been drifting down for some time now, but widening quarterly losses ($78 million from $23 million) announced Wednesday don’t help. CONV also says it will lay off 250 workers (or 15% of its employees) and already has closed its offices in Boise, Idaho. There’s an old saying on the Internet: Lose Boise, and you lose everything.

                             ADVERTISING/MARKETING 

                         8/2   7-Day   7-Day  1-Month   YTD    Market
      Company          $Close $Change %Change %Change           Cap   

CSAV  coolsavings.com    3.38   0.25    8.0%  -44.0%    N/A    130.5
MMXI  Media Metrix      29.00   1.94    7.2%    6.9%  -17.1%   575.4
NTRT  NetRatings        20.13   1.00    5.2%  -25.5%  -57.3%   648.5
CBLT  Cobalt Group       6.19  -0.06   -1.0%   -6.6%  -32.6%   106.7
DCLK  DoubleClick       35.00  -0.44   -1.2%  -12.0%  -71.7%     4.3B
AVEA  Avenue A           9.50  -0.44   -4.4%    9.3%    N/A    552.1
NTCR  NetCreations      27.44  -2.25   -7.6%  -43.4%  -36.3%   425.1
CGLD  CyberGold          6.38  -0.63   -8.9%  -26.1%  -63.2%   138.5
LNTY  L90                8.00  -0.81   -9.2%  -20.5%    N/A    175.9
VCLK  ValueClick        10.63  -1.13   -9.6%   13.3%    N/A    297.1
MYPT  MyPoints.com      13.50  -1.63  -10.7%  -25.3%  -81.4%   393.3
HPOL  Harris Interactive 3.56  -0.81  -18.6%  -26.0%  -72.1%   115.1
MPLX  Mediaplex          6.94  -1.59  -18.7%  -62.2%  -88.7%   233.5
TFSM  24/7 Media        10.00  -2.31  -18.8%  -34.4%  -81.8%   264.1
ENGA  Engage             8.31  -1.94  -18.9%  -36.7%  -71.7%     1.5B
APLN  @Plan.Inc          5.56  -1.31  -19.1%   -5.3%  -42.4%    62.7
DIGI  Digital Impact    13.13  -3.25  -19.8%   -0.9%  -73.2%   323.7
PRME  Prime Response     6.25  -1.75  -21.9%  -16.0%    N/A    129.1
FSHP  FreeShop.com       3.50  -1.00  -22.2%  -36.4%  -92.6%    54.8
NCNT  Netcentives       11.06  -3.44  -23.7%  -42.9%  -81.9%   459.3
BFRE  Be Free            4.59  -2.03  -30.7%  -52.9%  -86.9%   297.4
--------------------------------------------------------------------
      Advertising/Marketing Ave.      -11.6%         

coolsavings.com reports strong revenue growth, but terrible losses ($25.6 million, up from $2.4 million) in its quarterly report released after trading ended July 26. It’s spared the market’s post-earnings wrath, however, thanks to a pre-earnings nosedive that saw shares fall 52% from July 10 through July 25. Media Metrix continues to claw back from the fall it took in late June after its planned merger with Jupiter Communications was announced. Be Free isn’t free yet, but with an 87% YTD, it’s headed fas

t in that direction. Six of the 16 stocks in this sector that have been trading all year are down at least 80%.

                              CONSULTANTS/DESIGNERS

                           8/2   7-Day   7-Day  1-Month   YTD   Market
      Company            $Close $Change %Change %Change          Cap
                     
PECS  PEC Solutions       9.06    0.56    6.6%    5.1%    N/A   201.4
GENI  GenesisIntermedia  15.44   -0.06   -0.4%   -6.4%  171.4%   83.6
SCNT  Scient             47.97   -0.53   -1.1%   10.3%  -43.3%    3.5B
PRFT  Perficient         10.38   -0.38   -3.5%  -25.9%  -16.9%   63.0
ACOM  AGENCY.COM         21.00   -1.13   -5.1%   14.7%  -57.9%  741.2
VIAN  Viant Corp.        32.63   -2.13   -6.1%   16.8%  -32.7%    1.5B
DTAS  Digitas            22.75   -1.88   -7.6%   26.4%    N/A     1.3B
PXCM  Proxicom           40.38   -4.38   -9.8%  -15.0%  -33.6%   2.26B
IISX  Integrated Info.    6.81   -0.75   -9.9%  -14.8%    N/A   139.4
RAZF  Razorfish          17.44   -2.06  -10.6%    9.0%  -62.5%    1.6B
MMPT  Modem Media        12.25   -1.63  -11.7%   -3.5%  -64.4%  298.1
INFT  Inforte Corp.      43.06   -6.00  -12.2%   14.8%    N/A   534.0
MRCH  MarchFirst         20.88   -3.00  -12.6%   16.0%  -60.2%    3.1B
LUMT  Luminant Worldwide  7.44   -1.19  -13.8%  -15.6%  -83.3%  196.3
IIXL  iXL Enterprises    15.44   -3.31  -17.7%   -2.0%  -71.6%    1.2B
LNTE  Lante Corp.        15.94   -4.63  -22.5%  -16.1%    N/A   628.0
OGNC  Organic             8.25   -2.75  -25.0%  -17.0%    N/A   724.0
----------------------------------------------------------------------
       Consultants/Designers Ave.        -9.6%         

PEC Solutions, which targets governmental organizations for its consulting services, reports net income of $1.7 million, up from $1.5 million in the year-ago quarter. Profitablity saved PECS from taking a hit for sluggish revenue growth ($16.6 million, up from $13.4 million in last year’s Q2). For the year, only GenesisIntermedia is up. Continuing to defy logic and odds, GENI – an underperformer all last year – retains the second-highest YTD gain among all ‘Net stocks.

                               SPEED/BANDWIDTH 

                          8/2    7-Day   7-Day  1-Month   YTD    Market
      Company           $Close  $Change %Change %Change           Cap 

PKTR  Packeteer          39.81    0.56    1.4%   33.3%  -42.7%    1.1B
TUTS  Tut Systems        86.63   -1.19   -1.4%   54.5%   65.1%    1.4B
CFLO  CacheFlow          63.94   -1.94   -2.9%    6.7%  -50.0%    2.5B
RDWR  Radware            30.38   -1.50   -4.7%   12.5%  -28.0%  469.9
COVD  Covad Comm.        16.44   -1.25   -7.1%   -5.4%  -55.0%    2.5B
FFIV  F5 Networks        43.69   -4.06   -8.5%  -17.4%  -60.8%  930.8
INKT  Inktomi           102.00  -10.00   -8.9%  -14.3%   17.4%   11.4B
BRCM  Broadcom          215.44  -23.00   -9.6%   -2.3%   61.6%   46.4B
ATHM  At Home            13.56   -1.50  -10.0%  -33.4%  -67.7%    5.4B
CSCO  Cisco Systems      60.94   -7.63  -11.1%   -5.7%   16.2%  428.0B
TERN  Terayon Comm.      53.31   -7.81  -12.8%  -20.6%   73.4%    3.3B
HSAC  High Speed Access   4.72   -0.84  -15.2%  -28.1%  -72.6%  262.7
ATON  Alteon WebSystems 128.00  -23.13  -15.3%   28.6%   49.0%    5.3B
IBEM  iBEAM              11.25   -2.38  -17.4%  -40.8%    N/A     1.2B
AKAM  Akamai Tech.       68.63  -16.06  -19.0%  -45.7%  -78.6%    7.2B
SCMR  Sycamore Networks 109.25  -27.75  -20.3%   -4.9%    8.7%   26.7B
JNPR  Juniper Networks  127.00  -33.31  -20.8%  -12.4%  129.0%   39.9B
INAP  InterNAP           31.63   -9.00  -22.2%  -24.6%  -62.6%    4.2B
WGAT  WorldGate Comm.    21.50   -6.88  -24.2%   22.9%  -53.8%  463.3
SONS  Sonus Networks    178.00  -59.00  -24.9%   24.4%    N/A    10.8B
CAIS  CAIS Internet       8.63   -3.06  -26.2%  -34.9%  -75.2%  198.4
RAMP  Ramp Networks       4.75   -4.06  -46.1%  -60.4%  -68.2%  101.0
---------------------------------

-------------------------------------
      Speed/Bandwidth Ave.              -14.9%         

After months of avoiding the free-fall that has gripped so many ‘Net stocks, gravity – and a near-tripling of quarterly losses – catches up to Ramp Networks. RAMP, High Speed Access and CAIS Internet are the weak lambs in this group, which features eight of the 27 Internet tickers that have gained this year. After a scorching run that took it to $174.75 on July 14 from $76.50 on May 26, Juniper Networks has cooled off. JNPR remains, however, one of only seven ‘Net stocks to post triple-digit gains this year.

                             ISPs/ACCESS PROVIDERS

                          8/2    7-Day   7-Day  1-Month   YTD   Market
       Company           $Close $Change %Change %Change          Cap
                     
GIGM   GigaMedia          7.52    0.39    5.5%  -37.0%    N/A   367.0
HANA   Hanaro Telecom     5.50    0.25    4.8%  -26.7%    N/A     1.5B
NPLI   Netpliance         7.69    0.19    2.5%  -10.9%    N/A   464.0
LOAX   Log On America     5.06    0.03    0.6%   -9.0%  -74.5%   42.2
QSCG   QS Comm.          21.00   -0.25   -1.2%   13.5%    N/A     1.1B
IDTC   IDT Corp.         37.88   -0.75   -1.9%    8.2%  105.0%    1.4B
PNVN   PNV                1.38   -0.06   -4.3%    N/A   -82.8%   21.9
FREE   Freeserve         45.50   -2.50   -5.2%   -9.0%  -49.5%    N/A
PRGY   Prodigy Comm.      7.56   -0.47   -5.8%  -27.1%  -60.1%  489.2
IGLD   Internet Gold      7.00   -0.44   -5.9%  -15.2%  -67.9%  129.0
VRIO   Verio             51.00   -3.94   -7.2%   -8.5%   12.8%    4.1B
VNWI   VIA NET.WORKS     15.44   -1.56   -9.2%    1.2%    N/A   920.7
BIZZ   Biznessonline.com  3.63   -0.38   -9.4%  -30.1%  -47.1%   32.8
ONEM   OneMain.com        9.56   -1.00   -9.5%  -13.6%  -34.9%  239.8
IIJI   Internet/Japan    47.38   -5.88  -11.0%  -22.3%  -50.2%    2.1B
GEEK   Internet America   4.31   -0.56  -11.5%  -13.7%  -62.7%   41.9
NZRO   NetZero            5.09   -0.72  -12.4%   -9.4%  -80.7%  534.0
RMII   RMI.Net            2.63   -0.41  -13.4%  -15.2%  -67.7%   54.8
ISLD   Digital Island    26.81   -4.44  -14.2%  -52.5%  -71.2%    1.8B
PCNTF  Pacific Internet  13.38   -2.25  -14.4%  -15.7%  -70.9%  169.1
VOYN   Voyager.net        7.38   -1.25  -14.5%  -22.4%  -18.0%  233.5
IZAP   ZapME!             3.31   -0.63  -15.9%   15.2%  -60.8%  145.7
ZIPL   Ziplink            4.63   -0.88  -15.9%  -21.3%  -62.2%   59.8
FSST   FASTNET            2.19   -0.44  -16.7%  -41.7%    N/A    32.8
KOREA  Korea Thrunet     10.06   -2.19  -17.9%  -31.2%  -84.9%  724.1
TRRA   Terra Networks    35.56   -7.75  -17.9%   -1.7%  -33.6%    9.8B
PSIX   PSINet            16.00   -3.88  -19.5%  -36.6%  -47.1%    2.5B
TLCT   Telocity Delaware  3.56   -0.94  -20.8%  -18.6%    N/A   304.5
ATHY   AppliedTheory      9.47   -2.78  -22.7%  -26.1%  -65.1%  221.2
ELNK   EarthLink         11.13   -3.56  -24.3%  -27.6%  -73.3%    1.3B
JWEB   Juno Online        7.19   -2.81  -28.1%  -32.3%  -79.3%  278.2
DDDC   Deltathree.com     7.13   -2.88  -28.8%  -49.6%  -71.7%  204.6
DSLN   DSL.net            3.88   -3.89  -50.1%  -62.0%  -72.6%  252.8
---------------------------------------------------------------------
       ISP/Access Provider Ave.         -12.6%         

This week’s big loser across all sectors is DSL.net, which reported losses of $27.3 million in Q2, up from $18.3 million in the first quarter. Put them together and what do you have? About $46 million in YTD losses and a 50% drop in the company’s share price. Rosy forecasts of Internet use in the Asia Pacific region boost Taiwan’s GigaMedia and South Korea’s Hanaro Telecom. HANA also secures a $130 million investment from Lucent Technologies.

News Around the Web