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Internet stocks hammered on Wall Street
For the second straight day, U.S. stocks took a hit, and Internet stocks took an even bigger hit. On Thursday, shares of numerous online companies fell by more than 10 percent. Among the biggest losers: Onsale, Preview Travel, Think New Ideas, SportsLine USA , Getty Images. Newly public Net stocks were also pummeled mercilessly. The big losers: GeoCities, off 13 percent; Entrust Technologies, down 15 percent; 24/7 Media, 16 percent; Cyberian Outpost, 12 percent; Pilot Network Services, 22 percent; and NetGravity, 13 percent. |