My feeling is that there may in fact be somewhat of a gap in this area. However, it is one that is slowly beginning to close. More and more people are realizing that the internet is going to be a huge source of income.The beauty of the internet is the potential high profit margins as its overhead costs is relatively low and the amount of potential consumers is tremendous. Everyone is beginning to realize this. There are numerous articles on the subject, especially recently. There is a good article in last weeks issue of Fortune magazine on AOL and its potential revenue.
The investor world is really taking this to heart, and the stock prices of anything internet related is moving upward at a frightening rate. Equity research teams are quickly organizing to cover many of these internet related stocks, but they only cover some of the big names whose earnings may grow very quickly. Stocks like AOL, Yahoo, Excite, Etrade, Amazon and Onsale are the normal stocks that are covered. These companies all have great internet presence , and are currently generating pretty substantial amounts of revenue. But even companies like CBS sportsline, Intuit, and Novell are being noticed because they are not traditional internet stocks but are attempting to gain more of a presence in that area. Equity research teams like Morgan Stanley have recognized the importance of the internet and have even gone so far to dedicate a single analyst to cover the area. Mary Meeker is probably the most well known. I know Merryll Lynch also has an analyst that covers internet stocks, but I cant remember his name on hand. I'll try to get you this info over the weekend . I cant get it now, because I have it at home, and will not fly home till the weekend.
Alden |
