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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (22419)1/19/1999 4:30:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
BW-Internet Growth Crucial to Equities Center for Internet commerce. Only thing I don't like is their referring to NSOL as a 'young upstart'...

AUSTIN, TEXAS (Jan. 19) BUSINESS WIRE -Jan. 19, 1999--As Internet
stocks soar to values that make many traditional analysts cower with
trepidation, others defend the lofty stock prices with a figure of
similarly vast proportion. Internet Traffic
Few argue that traffic and growing usage by consumers is an essential
component to Internet equities but it has been more than mildly
suggested that for many investors, expected traffic and use are the
main criteria.
Internet equities such as America Online (NYSE:AOL), Earthlink Network (Nasdaq:ELNK), GO2 Net Inc. (Nasdaq:GNET), Mindspring Enterprises (Nasdaq:MSPG), and search engines Excite Inc. (Nasdaq:XCIT) and Infoseek Corp. (Nasdaq:SEEK) are among a throng of companies many investors perceive to be staples of the Internet in the near future, if not already.
"Each day, thousands upon thousands of new people gain access to the
Internet and the companies who are establishing an early presence there, " said C.I.C. spokesman, Zeke Matters. "The Web is still very much a frontier."
However, each day the frontier is joined by upstarts and others
looking to cash in on red-hot trends such as e-tail. They join
"established" presences such as USWeb (Nasdaq:USWB), Broadcast.Com
(Nasdaq:BCST), Network Solutions (Nasdaq:NSOL), Xoom.Com (Nasdaq:XMCM),
At Home Corporation (Nasdaq:ATHM), and Internet America Inc.
(Nasdaq:GEEK) -- companies whose publicly traded lifetimes range from
several years to just a few months.
"Certainly, traffic is imperative to most sectors of
Internet-dependent companies," added Matters. "But as the field crowds,
investors are also looking for historical precursors to success such as
solid management, sound marketing and other components."
"Investors must become more and more knowledgeable to help in the
decision-making process," added Matters. "Due diligence is essential
and coincidently, the advent of the Internet has simplified that
process. Hopefully, investors will take advantage."
Additional information relative to the aforementioned equities has
been archived at the C.I.C.'s free Web site located at www.e-tail.org.
Users of the site will also be given access to free real-time quotes,
Internet Indexes and news.
Information relative to tangent industries such as computer networks
and communications has also been archived at the site. Users will find
information and imperative data related to Cisco Systems (Nasdaq:CSCO),
Novell Inc. (Nasdaq:NOVL), Applied Microsystems Corp. (Nasdaq:APMC),
Computer Networks Tech (Nasdaq:CMNT), PSINet Inc. (Nasdaq:PSIX),
Motorola Inc. (NYSE:MOT) and Qualcomm Inc. (Nasdaq:QCOM).
The Center for Internet Commerce has also added access to a free
download that allows a user to test their personal computer's Y2K
compliance as well.
The site may be accessed completely free of charge at www.e-tail.org
from anywhere on the World Wide Web. The C.I.C. is a free,
informational outlet designed as a service to a quickly growing
industry. The creators of this site hold no public opinion of any
publicly traded equity and usage of the free site shall constitute
agreement to hold harmless the creators for any information contained
therein.
-0- sw/sa*
CONTACT: The Center for Internet Commerce,