PalatnikFactor.com

Did You Invest in Internet Companies Stocks?

October 10, 2008 by Pablo Palatnik

As the economic crisis (and I hate using that term now, but we are in a freakin recession!) continues to hit Wallstreet hard, it seems companies we deal everyday as online marketers are being hit hard by the market as well.

GOOG – As Google continues to dominate in search, etc, its stock value has declined in a big way. Trading currently at around $326.80 (Oct. 10, 2008 10:55am), its 52 week high was $747.24!

YHOO – I actually own stock in Yahoo and man, this stock is plunging quick and who knows where the bleeding will end. It is currently trading at $12.55 (Oct. 10, 2008 10:55am), its 52 week high was $34.08. Microsoft offered Yahoo $33 per share and they turned it down, OUCH! Now it is below the $13 mark.

eBay – eBays’ stock has remained a powerhouse online stock for many years. With its recent news about cutting jobs and buyouts, it’s still a solid stock but concerns about its compeititon to Amazon and maybe losing marketshare on that end grew. It’s currently trading at $15.93 (Oct. 10, 2008 11:00am), its 52 week high was $40.73.

AMZN – Amazon is like the Google of shopping, well, almost. It is one of the most solid online companies. It’s currently trading at $54.97 (Oct. 10, 2008 11:00am), its 52 week high was $101.09.

OSTK – Overstock has been a solid player but it has been tough for them to really gain the marketshare I think they desired when they launched a serious campaign of TV commercials, etc.

If you look at the big players, OverStock.com is not close to competing with the big boys in that market. It’s currently trading at $14.33 (Oct. 10, 2008 11:00am), its 52 week high was $39.39.

BIDZ – Bidz isn’t a very big website per say but its worth noting. It is a jewelry auction based website Had a strong affiliate marketing campaign to really get itself out there. It’s currently trading at $6.46 (Oct. 10, 2008 11:10am), its 52 week high was $22.50.

AICI – IAC/InterActiveCorp which houses its biggest property, Ask.com has been stuggling for a long time with its market share in search. It’s currently trading at $14.96 (Oct. 10, 2008 11:10am), its 52 week high was $33.36.

EXPE – Expedia has been a sound stock for a while. One if not the most popular online travel agency in the world (or the U.S.) not sure what the market share is like in that industry. It’s currently trading at $12.01 (Oct. 10, 2008 11:10am), its 52 week high was $34.89.

TZOO – TravelZoo has always been competing with Expedia but never gained its popularity. It’s currently trading at $7.10 (Oct. 10, 2008 11:20am), its 52 week high was $23.20