The Best commentary I've seen in ages:
This is from AOL market day - I don't have the link, I'm banned from aol for life, but it was posted on the Marketgems thread:
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? |
