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Technology Stocks : Flycast Communications Corporation (FCST)
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To: Lao Ou who wrote (7)4/30/1999 9:41:00 AM
From: Mohan Marette   of 148
 
Competitors eye DoubleClick's success.

..... But investors may soon be hearing more about DoubleClick's competitors, which include Flycast Network, 24/7 Media (Nasdaq: TFSM), and LinkExchange. Flycast is expected to go public next week, giving it newfound visibility and resources, while Microsoft's (Nasdaq: MSFT) purchase of LinkExchange last year gave the company access to a large amount of capital.

DoubleClick's stock may be reflecting this anxiety. It closed at $135.50 on Wednesday, down 8.5 percent from the previous day's close and 23 percent off its 52-week high of $176, reached as recently as Mon.....

zdii.com
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