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Date: Thu, 31 May 2001 16:17:10 -0700 (PDT)
From: stocktalk@netstocks.com
To: alewis@enron.com
Subject: Internet Stock News: Large Amounts of Money Still Waiting on the
 Sidelines
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INTERNET STOCK NEWS [tm]
http://www.netstocks.com
ISN Weekly - 05/31/01
______________________________________________________________________
TABLE OF CONTENTS
1. Internet Stock Outlook
2. In the News
3. Insight of the Week
4. Earnings News
5. CEO Talk

-------------------------------------------------------------
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------------------------------------------------------------


1. INTERNET STOCK OUTLOOK

by Jerry Yeung

Having peaked at 2328.05 last Tuesday, the Nasdaq Composite Index has been
on a slippery slope this holiday shortened week. Plunging about 250 points,
or more than 10%, during this period, the tech-heavy index erased all of its
gains since the Fed's most recent interest rate cut.

The pullback from its heights - which had served as a beacon for valuation
hawks - attracted some modest buying Thursday and short covering to pump the
Nasdaq back up to 2110.49, down about 140 points, or 6.2% for the week.

More on this week's Internet stock outlook:
http://www.netstocks.com/passthrough.asp?id=567


2. IN THE NEWS

Economic calendar: http://www.123jump.com/econ_cal_live.htm

Internet Airfare Sales Take Off
Driven by an increasing number of Internet users and a growing willingness
on the part of consumers to make online purchases, Internet airfare sales
are expected to rise.
http://ns.123jump.com/story.htm?story_id=11716

MarketWatch.com Reacts to Market
Financial news site MarketWatch.com is reducing its workforce and
implementing additional cost-restructuring plans in the face of a hostile
business environment.
http://ns.123jump.com/story.htm?story_id=11693

Lucent Kills Alcatel Deal
The telecom equipment giants have called off their merger talks, as the two
sides were unable to come to an agreement on how control of the new company
would be divided.
http://www.123jump.com/story.htm?story_id=11681

Content Delivery; Booming or Bombing?
A report released Tuesday morning shows that content delivery generated $905
million in 2000 and should reap more than $12 billion within the next five
years.
http://ns.123jump.com/story.htm?story_id=11671


3. INSIGHT OF THE WEEK

The Fourth G
It's not godfather or gravity, but it's just as strong a force to be
reckoned with. The PC evolution may just be the pace car for the next lap in
the networking race.
http://ns.123jump.com/story.htm?story_id=11708

drugstore.com's Health Plan
drugstore.com has survived the Nasdaq infection and management has made key
strategic moves to insure a healthy path forward to profitability.
http://www.123jump.com/story.htm?story_id=11690

The Battle Continues
The AOL and MSN rivalry is legendary. Microsoft's new gameplan is to hit AOL
Time Warner where it hurts most - subscriptions.
http://www.123jump.com/story.htm?story_id=11687

New Round for Cable in Last-Mile Match
The cable industry once again beat DSL rivals in the first-quarter
"last-mile" contest, however the fight is far from over.
http://ns.123jump.com/story.htm?story_id=11644


----------------------------------------------------------------------
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----------------------------------------------------------------------


4. EARNINGS NEWS

Earnings calendar: http://www.123jump.com/p5t.htm
Earnings Whispers: http://www.justwhispers.com/

Tech Data Surpasses Estimates
Tech Data posted first-quarter results Wednesday, surpassing analysts'
expectations. The company's earnings dropped 14.5% in the quarter.
http://www.123jump.com/story.htm?story_id=11700

Sun Microsystems Lowers Outlook
The network-computer giant warned on Tuesday that its fourth-quarter sales
and earnings would be below analysts' estimates due to economic weakness in
Europe.
http://www.123jump.com/story.htm?story_id=11677

Pumatech Reports Loss
Software infrastructure provider Pumatech posted a third-quarter loss
Tuesday, matching analysts' expectations.
http://www.123jump.com/story.htm?story_id=11678


5. CEO TALK

Boom Time For Specialty Retailer Chico's
Chico's stock has boasted stellar performance - up more than 750% since May
1996, outperforming even Cisco, up just 220% over the same period.
Year-to-date it is up 145%!!
http://www.123jump.com/story.htm?story_id=11588


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-------------------------------------------------------------

We wish you ever-increasing knowledge of the markets and an
extremely profitable return on your Internet investments.  Have a great
weekend!


Sincerely,

The ISN Team

Read our disclaimer:
http://www.netstocks.com/aboutus/disclaimer.asp

INTERNET STOCK NEWS (ISN)? 2001


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