Word: internetted
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Dates: during 1990-1999
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Ironically, fund managers will continue to buy freshly minted Internet stocks, if only to flip them back into the market for one-day gains. The days when every Internet IPO would double or triple on the first trade have vanished. But most still go up a quick 20% to 30%, low-hanging fruit for any money manager who can get shares at the IPO price. Lately, though, even the easy money has been harder to come by. A handful of recent Internet IPOs quickly fell below their IPO price, and dozens trade below the price of the first trade, which...
That doesn't mean the window is being slammed shut on Internet entrepreneurs. Far from it. The investors who really count in the IPO game are institutions, and they've all made plenty of money by buying at the IPO price. They will continue buying. There is little reason for issuers to pull back, and few have. Last week Drkoop.com a consumer health-care site headed by the former Surgeon General Dr. C. Everett Koop, doubled the first day, proving that a good story still sells. High-profile CNN anchor Lou Dobbs has announced that he will resign to start...
...piece about prescription medicines for teenagers who exhibit moodiness or anxiety [VIEWPOINT, May 31] incorrectly referred to the authorship of a recent Internet posting that listed some possible symptoms of manic depression in teens. The posting was written with the help of the American Academy of Adolescent Child Psychiatry, not the National Association for Mental Illness...
...With Internet companies popping up like dandelions after a summer rain--and being plucked for public offerings even before they start to flower--it's no wonder full-grown companies have been hard at work on their own Web gardens. Last week Walt Disney Co. became the latest media giant wanting to convert its Internet assets into a growth stock...
That would not include the company's top online executive, Jake Winebaum, head of Disney's Buena Vista Internet Group, who last week became the latest and greatest of Mouse managers to leave to pursue his own Net business, free of Disney's corporate control...