Browse past tech stock questions and answers in the Ask Matt archive . ITurf hasn't given investors much comfort in this area. A steep rise in overhead costs explains the jump in losses. Generation Y stocks are out of favor. Even companies such as Pacific Sunwear and Wet Seal, whose stocks and profits have performed strongly until recently, were punished during the quarter.
Analysts say teenagers did less online shopping during the unusually warm spring.
This negative sentiment also hurts companies in the same sector, like iTurf. If the company breaks even next year, as Deutsche Banc Alex. Brown analyst Jeetil Patel expects, the stock will probably recover. And if losses continue to soar, an iTurf investment is likely to be dead money for many years. With all that said, it's important for Internet investors to remember to cut their losses.