1999: an "outperform" year for Internet-related stocks.
Published:
13 January 1999 y., Wednesday
A majority of those polled in recent study said that if they were stranded on a desert island, they would prefer a computer with an Internet connection rather than a telephone or a television. M. Meeker, Internet analyst at Morgan Stanley Dean Witter, pointed to that finding in forecasting a strong year for Net stocks in 1999. In her most recent report, dubbed "Internet/PC Software: It Cannot Get
Better than This, But it Can Still be Pretty Good," she rated 1999 as an "outperform" year. Indeed, Internet-related stocks continue to burst at the seams in the new year, driven by frenzied enthusiasm over holiday e-commerce sales and high expectations as earnings season kicks off next week. Still,
not everyone agrees with Meeker, the analyst voted #1 by the 1998 Institutional Investor survey.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has today decided to close the formal investigation procedure into the agreement between Bratislava Airport in Slovakia and Ryanair after concluding that the airport operator acted as a market economy investor and therefore no advantage has been granted to Ryanair.
more »
The coffee industry of Jamaica represents one the largest earners of foreign exchange, approximately US$30 million in 2008.
more »
On January 13, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius.
more »
The World Bank's International Development Association and the International Monetary Fund have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan.
more »
The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way.
more »
Regional Policy Commissioner Paweł Samecki will meet Croatia's Prime Minister Jadranka Kosor and members of her government in Zagreb on 25-26 January to discuss the country's preparations for accession in the context of the EU cohesion policy.
more »
The World Bank Board of Directors today approved US$20 million for the Dominican Republic in support of the Municipal Development Project, which aims to improve the technical and financial capacity of local governments.
more »
The European Investment Bank (EIB) is lending EUR 400 million to Ford Romania SA for the expansion and refurbishment of the company’s existing car assembly plant located in Craiova in the South-West of Romania.
more »
The Agriculture Council of the European Union has examined ways to improve the functioning of the food supply chain with the ultimate aim of controlling the fluctuation in prices and ensuring a more equitative distribution of the added value throughout the chain.
more »
The European Commission has today approved an application from Lithuania for assistance under the Globalisation Adjustment Fund (EGF).
more »