Sarmad, neither I'm still short 1k shares.
Tomorrow should be interesting. Amzn going up in visitors might spike it back up. Whatever happens Max pain will be 130 for the rest of the year.
>>Many top Web networks slipped in May, study says By Ilaina Jonas
NEW YORK, June 22 (Reuters) - The number of visits to many
of the Internet's leading networks fell again in May, or failed
to fully recover from an April drop, despite a slight overall
rise in visitors to the top 50 Web networks last month, a
report released on Tuesday said.
Last month, the leading Internet networks -- groups of
individual sites operated by a company -- continued to feel the
pinch from up-and-coming online retailers, auctioneers and
other competitors, the monthly study by New York-based Media
Metrix Inc. MMXI.O showed.
Individual viewers of No. 1 ranked AOL NetworkAOL.N
dropped last month to 46.2 million from 46.4 million in April.
No. 5 ranked Go Network's viewership fell to 20.9 million in
May from 21.5 million in April and 23.8 million in March.
No. 2 Microsoft Sites MSFT.O showed a slight increase of
10,000 individual viewers in May to 32.39 million, compared
with 32.38 million in April. No. 3 Yahoo Sites rose by 100,000to 31.3 million.
One analyst said some established Internet portals, or
sites that help viewers find Web sites, have been losing visitsrecently.
"New portals arrive, like the Go2Net Network," said John
Robb, with Gomez Advisors, an Internet consulting firm in
Concord, Mass. "Those take away from existing players. You just
divide up the pie to ever thinner slices."
Robb said many viewers no longer need portal sites that
direct them to their favorite Web sites.
"They're not the be-all, end-all," Robb said. "People
bookmark sites for specific needs. What portals provide are
introduction but they don't retain you forever."
So where are Web users going? Shopping.
Amazon.com AMZN.O , the leading online retailer, for the
first time cracked the list of top 10 Network sites in May,
charging past Internet portal AltaVista Sites, to come in at
No. 9. The number of Amazon visitors rose to 10.83 million in
May from 10.43 million in April, and recovered from a drop from
the 10.74 million in March.
Auction network eBay EBAY.O recovered from a drop the
previous month. Some 8.26 million individual viewers visited
the network in May, up from 7.18 million in April and 8.08
million in March, the study said.
According to the study, the number of monthly visitors to
the Web in May jumped 15 percent to 61.9 million.
Media Metrix surveys up to 40,000 computer users at work
and home and publishes statistics on visitors to the top 50 Web
sites each month. In May, there were about 65.37 million visitors to the
entire Internet, including e-mail and the Web, the study
showed, up about 401,000 from April and 118,000 higher than inMarch.
REUTERSRtr 19:31 06-22-99
Copyright 1999, Reuters News Service |
