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
Between 2000 and 2008 EU27 trade in goods with China more than tripled in value, with EU27 exports to China rising to 78 billion euro in 2008 compared with 26 bn in 2000, and imports rising to 248 bn from 75 bn.
more »
The first estimate for the euro area (EA16) trade balance with the rest of the world in March 2009 gave a 0.4 bn euro surplus, compared with -2.3 bn in March 2008.
more »
On May 18 this year, AB Bank SNORAS begins to distribute two emissions of one-year fixed interest bonds.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »
The 25-year Sri Lankan civil war looks to be in its final throes.
more »
The sheer scale and nature of taxpayers' cash claimed as allowances by Britain's lawmakers has stunned the nation.
more »
The European Commission has decided to send a formal request to Lithuania regarding the award of a works contract by Lithuania Railways for the modernisation of the railway radio communication system through the introduction of a GSM-R system.
more »
The speed and depth of the financial crisis has been brutal and over the last year MEPs have been hard at work on a two-fold approach to the crisis.
more »
The Group commits to reducing its CO2 emissions by 30% by 2020 supporting the “20-20-20” goal set by the EU.
more »
This weekend, in the second round of Le Mans Series championship on SPA track, in Belgium, SNORAS Spyker Squadron team that participated there took the fifth high position.
more »