Word: trackers
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...individuals haven't caught the same fever. They aren't doing much buying or selling, says Bob Adler at mutual-fund tracker AMG Data. But the swift tech rebound creates vulnerability for all. It breeds that old feeling of technology not as a business but a lottery. If the rally lasts much longer, there is a good chance that individuals will start buying tech again just when they should be doing some off-loading...
...Amid the dot-com wreckage, travel bookings are turning out to be one thing the Web is very, very good at. With all the efficiencies of instant price comparison and the one-stop plane, hotel and rental-car shopping that Expedia and its main competitor, Travelocity, offer, tech tracker Forrester Research estimates that U.S. sales will reach $16.7 billion this year and $29 billion...
...fall short. In fact it will lose money in the first quarter. Already hammered, the stock fell again, to $14, from around $40 in December. The consensus today is that Nortel will earn 14[cents] a share--down from expectations of 98[cents] four months ago, according to earnings tracker FirstCall. The revised earnings picture gives the stock a price/earning ratio of 100--more than twice its lofty P/E of 41 when the stock was much higher...
...firm Goldman Sachs, and Dick Cheney - after a bit of hedging - did the same with his Halliburton holdings, the already iconoclastic O'Neill was starting to give his boss headaches. (Perhaps the final straw was when the Democratic National Committee's web site kicked off a "O'Neill/Alcoa Stock Tracker" last week...
...Industry Association of America, otherwise known as the RIAA, otherwise known as the music industry's Powers That Be, is rolling out the evidence that free-music enabler Napster is bringing down the American Way, one $15 CD at a time. According to a study conducted by retail-store tracker SoundScan as a supporting brief to the RIAA's copyright-infringement suit against Napster, sales at stores within a mile of Wired magazine's "Top 40 Wired Colleges" - and those near colleges that have had problems with Napster-induced network overloading - are down 13 percent. The numbers suggest that wherever...