Word: coms
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...wonder that these guys were finally deemed ready for their close-up? And can a David E. Kelley dramedy set in some com start-up in Palo Alto be more than a couple of pilot seasons away? The millennium approaches, and--we swear, after this we'll retire the line forever--the geeks have indeed inherited the earth...
...mail project that got Gullichsen and his longtime business partner, Eric Lyons, thinking. The ever growing Web now has hundreds of millions of sites, most organized into three so-called top-level domains: com net and org The demand for com names has advanced to the point where speculators who snap up the most valuable ones can resell them for thousands and even hundreds of thousands of dollars. (Three Star Wars sites--EPISODEI.com and its two sequels--were recently sold for $1 million on eBay.) Given that the number of websites is doubling every year, the demand for new com...
...Erics decided the best way to beat the com system (and make some easy money in the process) was to circumvent it. There's nothing magical about the letters com they reasoned; why not just use, say, .to for Tonga...
SAFETY NET Internet stocks took some nasty hits last week, but that doesn't necessarily mean it's time to leave the party. Net funds are still posting strong overall gains for '99, and some analysts last week were saying that com stocks had hit bottom. Nerves still frayed? Salomon Smith Barney just introduced a bond (pegged to thestreet.com's Net index) that lets you play the Net game with a little peace of mind. Minimum redemption upon maturity in 2006 is $9 on the $10 note, no matter how far the index drops. The flip side: if the bond...
...mutual funds you own have grown a little too fond of technology and big consumer stocks. One quick way to judge: look at your portfolio's return in April. Lose money? That's a sign that you may be overexposed to speculation.com A diverse portfolio would include cyclicals, whose com-like gains last month would have offset weakness in the tech-stock darlings...