Why is anybody's guess. The latest market nosedive leaves us facing the sobering prospect that fewer than 10 Internet companies will post gains for the year. For most Internet investors, there isn't much to be happy about this holiday. With a few exceptions. All 13 'Net sectors were down this week as the turmoil in Florida forces the market into a defensive shell.
Investors sense a bargain after battered-down Sycamore reports stellar earnings.
The dramatic plunge in stock prices since Tuesday make settling the disputed presidential vote in Florida even more urgent. Federal regulators continue to do their best to derail the proposed AOL-Time Warner merger. So slow that it virtually ground to a halt in October. Corp. All Rights Reserved.