SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : GoTo.com, promising Internet search engine
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Stephen who wrote (411)7/20/1999 9:21:00 PM
From: Stephen  Read Replies (3) of 977
 
Negative valuation comparison - to GNET. From AOL Market day (which comes from briefing.com I believe):

Go2Net (GNET) 76 1/8 +1: In an earlier story, we noted that Internet stocks as a sector were still experiencing some tough times. That being the case, it will pay to be more selective with Net stock purchases. One stock that is performing better than the pack today is Go2Net, and for good reason. The monthly Internet traffic report from Media Metrix (MMXI) was released today, and while it had good news for the Net sector in general, it had especially good news for GNET. While growth in the total number of unique visitors on the Internet has been slowing in recent months, GNET's reach continues to rise strongly. As of December, GNET was ranked 25th among the top web sites, with just 4.587 mln unique visitors. In today's June report, GNET jumped to 9th with 10.168 mln -- a 122% increase since December. Compare that to a 36% increase for YHOO. GNET's reach brings up some interesting relative valuation comparisons. Is Ask Jeeves (ASKJ), at 50th on the list with just 3.169 mln visitors, really worth 66% of GNET? Is goto.com (GOTO), at 20th with just 4.776 mln, really worth 129% of GNET? - GJ
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News