Not that the Internet is 100 percent the victim. The first community is the discount brokerage customer. By dis-intermediating physical interaction between client and broker, this trend ostensibly democratized the financial markets. It also contributed a mercurial element to Internet stocks. The only stocks to withstand these influences have been those few able to escape to areas of more traditional investor support.
Examples here are far and few between.
The second community is the Internet analysts. Much like the pioneering Internet companies they cover, most of these analysts were inserted early on into an industry with which they were largely unfamiliar and had little prior experience. However, given the meteoric nature of early growth, it was inevitable that these models would eventually fail as sequential top-line metrics approached more realistic levels. More traditional investors have not only left the space, but have left with a poor taste in their mouths over analyst guidance in the Internet space. The third Web-created community is the Internet business press.