Investors looking for the next big thing seem to be throwing some caution to the wind and buying into that sentiment, rather than doing due diligence.
Example: Verticalnet (NASDQ:VERT) soars 32% to $96.25 per share on a "buy" tout from Hambrecht & Quist. But I would caution that while stocks such as VERT, in particular, have a great mission statement--to address various industries with custom Web sites and info--I would like to see more cash on its cash flow statement before supporting its current valuation. Today's snapshot:
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Surviving, thriving outside net of corporate manipulation - Portland ::
Word-of-mouth marketing has emerged as one of the hottest strategies to drive But thats not what drives word-of-mouth for Starbucks.
http://portland.bizjournals.com/portland/stories/2006/08/21/smallb5.htmlHOME |
10-Mar-99 |
point change |
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ISDEX |
488.24 |
14.54 | Stock market news and prices::
influencers capable of driving engagement and conversation to Use Powerful Word-of-Mouth PR Tools to Drive Brand Loyalty, Media Coverage and Sales
http://markets.chron.com/chron?GUID=6755777&Page=MediaViewer&ChannelID=3198HOME |
The Anatomy of the Tongue in Cheek, Gold Edition CD/DVD::
The Anatomy of the Tongue in Cheek, Gold Edition CD/DVD - In Stock now at Christianbook.com for $11.99
http://www.christianbook.com/Christian/Books/product?item_=CD59200&event=PPCSRCHOME |
3.07% |
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NASDAQ |
2,406.01 |
13.07 |
0.55% |
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DJIA |
9,772.84 |
79.11 |
0.82% |
Healtheon (NASDAQ:HLTH) gets a "buy" and "outperform" rating from various different investment banks, sending HLTH shares up 62% to $48.50 per share. I like Healtheon's commitment to "Internet-izing" the healthcare system, but the road to doing so is long and hard. The medical and insurance industries are slogging along at their own pace, not an Internet pace. Doctors and insurance companies are needed to make this a success. They cannot be disintermediated.
Mindspring (NASDAQ:MSPG) files $800 million shelf registration to be used for working capital, corporate and growth needs. The ISP sector has been cashing up for quite awhile as they deploy into better service and expanded offerings other than simple access.
24/7 (NASDAQ:TFSM) agrees to acquire Sift, an e-mail direct marketing service firm, for $22 million stock. The battle for advertising is moving into marketing as clients and consumers want "relevancy," rather than one-size-fits-all banner ads.
 Where's The Advantage In Windows Genuine Advantage?
 Stocks Bounce After S&P Joins Bear Market
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Word of Mouth Drives Stocks Up