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Stock Watch: Fatbrain.com Tumbles on Downgrades

If investors needed more evidence that many business-to-consumer companies are struggling, they got it on Friday when shares of online bookstore Fatbrain.com (Nasdaq: FATB) fell more than 33 percent. Fatbrain.com stock tumbled 6-7/8 to 13-7/8 after the stock was downgraded three times ...

Stock Watch: Broadvision Announces 3-for-1 Split

As the Nasdaq fell more than 63 points, shares of e-commerce software manufacturer Broadvision (Nasdaq: BVSN) rocketed 17-5/8 to 169-7/8 on Wednesday after the company announced a 3-for-1 stock split. The split is expected to occur on or around March 13th ...

Stock Watch: Vicinity IPO Takes Off

The initial public offering of Vicinity (Nasdaq: VCNT), which helps brick-and-mortar and Internet companies promote themselves through the Web, wireless devices, telephone marketing, and direct mail, gained nearly 187 percent Wednesday as shares closed up 31-3/4 to 48-3/4. Vicinity, whose clients include Nike, General Motors, Ford, Levi's, Hewlett-Packard, Network Solutions, Oracle and hundreds of others, priced seven million shares at $17 million in a sign of high demand...

Stock Watch: Ariba Gets $250 Price Target

Shares of business-to-business (B2B) e-commerce solutions company Ariba (Nasdaq: ARBA) gained 9-3/16 to 194-5/8 on Monday after Banc of America Securities raised its price target on the stock to $250 from $225. Banc of America analyst Bob Austrian, who has a strong buy rating on Ariba, also recommended Ariba competitor Commerce One (Nasdaq: CMRC) on Monday. Shares of Commerce One gained 9-3/4 to 168-1/8...

Stock Watch: Internet Capital Group Climbs on Coverage

Speaking of business-to-business e-commerce, shares of B2B holding company Internet Capital Group (Nasdaq: ICGE), which has stakes in more than 50 companies including VerticalNet, Breakaway Solutions and eMerge Interactive, climbed 4-3/16 to 125-1/8 on Monday. The gain of nearly 3.5 percent came after Wit Capital initiated coverage of Internet Capital Group with a buy rating and a $200 price target...

Stock Watch: Organic Raises Its Range

One of the hottest initial public offerings of the week is expected to be Organic, an Internet services firm that offers consulting and e-commerce solutions. On Monday, the company raised the range of its IPO to $18 to $20 a share, up from $12 to $14, and it will not be at all surprising if the offering is priced above $20. Organic, which could go public on Wednesday, has a lot going for it, including the fact that the stocks of competitors like Razorfish, Agency.com and Viant have done extremely well since the companies went public...

Stock Watch: Buy.com IPO Sells

Several analysts have questioned the long-term prospects of online retailer Buy.com (Nasdaq; BUYX), an all-everything superstore that sells many items below cost and attempts to make money through advertising. Still, Buy.com's Tuesday initial public offering received a warm welcome on Wall Street. The stock gained 12-1/8 to 25-1/8 on its first day of trading, a rise of more than 93 percent...

Stock Watch: Fogdog Climbs on Coverage

Shares of online sporting goods retailer Fogdog Sports (Nasdaq: FOGD) climbed more than 12 percent on Tuesday, gaining 1-5/16 to 11-15/16 after the stock received a buy rating from Warburg Dillon Read, which was a co-manager of Fogdog's December IPO. Warburg Dillon Read gave Fogdog a price target of $23. Tuesday's gain propelled shares of Fogdog past their IPO price of $11...

Stock Watch: Kana Buys Silknet

Shares of Silknet Software (Nasdaq: SILK), which provides e-commerce, marketing and customer support services, soared 26 percent in early trading today. Silknet gained 36 to 174-1/4 after customer relationship management software company Kana Communications (Nasdaq: KANA) announced that it will buy the company for about $4.2 billion in stock. Shares of Kana were down 14-7/8 to 244 in early trading...

Stock Watch: Akamai Grabs Intervu

Akamai Technologies (Nasdaq: AKAM), which provides content management and delivery services for e-commerce sites, portals and content sites, is also using its soaring stock price to make a big acquisition. Today, Akamai announced that it is buying Intervu, which offers streaming media services, for about $2.8 billion in stock. Shares of Intervu gained 4-1/12 to 121-1/14 in early trading, while shares of Akamai closed down 10-3/4 to 224-1/4...

Stock Watch: eMerge Rustles Up Big IPO

The idea of an initial public offering for an online cattle marketplace might seem like some sort of post-modern joke, but it really is not. In reality, it is a hot business-to-business play. On Friday, eMerge Interactive (Nasdaq: EMRG), which offers an online cattle marketplace with auction services, went public at $15 a share. Shares rocketed up 32-1/4 to close at 47-1/4, a gain of 215 percent...

Stock Watch: FirePond Ready To Make a Splash

The initial public offering of e-commerce software and services company FirePond is expected to get off to a strong start today. In a sign of heavy demand, FirePond priced its offering at $22 a share, above the estimated range of $17 to $19. The original proposed range was $11 to $13 before being raised to $13 to $15 -- before being raised again ...

Stock Watch: Centra IPO More Than Doubles

The initial public offering of Centra Software (Nasdaq: CTRA) which develops applications to facilitate live business collaboration online, got off to a solid start on Thursday. The stock gained 19-1/4 to 33-1/4, a rise of 137.5 percent. Centra stock opened at 35 and climbed to 37-3/8 before giving back some of its gains. Volume was brisk, with more than 11.4 shares changing hands...

Stock Watch: Network Solutions Invests in Interliant

A big week for applications service provider Interliant (Nasdaq: INIT) got even bigger on Thursday. Shares of Interliant soared more than 12 percent, gaining 5-1/4 to an all-time closing high of 48-1/4 after the company announced that domain-name registrar Network Solutions had invested $10 million. Interliant and Network Solutions also extended a previously announced alliance under which the companies promote each other's services...

Stock Watch: Amazon.com Looks Toward Profits

Amazon.com (Nasdaq: AMZN) is thinking profits. Really ...

Stock Watch: Interwoven Rockets on Upgrade

Shares of Interwoven (Nasdaq: IWOV), which offers content management solutions for online businesses, gained 18-9/16 to 145-9/16 on Wednesday after getting a major upgrade from Credit Suisse First Boston. CS First Boston raised its rating on Interwoven to strong buy from buy and increased its price target to 227 from 105 ...

Stock Watch: Lycos Deal Boosts Verio

Shares of Verio (Nasdaq: VRIO), which provides Web-hosting and e-commerce services, climbed 3-1/2 to 66 in early trading today after the company announced that it is teaming up with Lycos (Nasdaq: LCOS) to market comprehensive e-commerce packages ...

Stock Watch: Expedia Climbs on Results and Acquisitions

Shares of online travel agent Expedia (Nasdaq: EXPE) soared more than 20 percent on Tuesday, gaining 5-1/12 to 32-3/4 one day after the company reported strong fiscal 2000 second-quarter results and announced two acquisitions. After the markets closed on Monday, Expedia, which is the first Internet company that Microsoft has taken public, announced second-quarter revenue of $17.8 million -- a 127 percent increase over the $7.9 million the company reported in the same quarter a year ago. Expedia also reported a net loss, excluding non-cash, stock-based compensation costs, of $5.9 million, or 16 cents per share. Analysts had expected the company to lose 29 cents per share...

Stock Watch: VerticalNet Announces European Expansion

Shares of VerticalNet (Nasdaq: VERT), which operates business-to-business (B2B) trading communities across various industries, climbed nearly six percent on Tuesday. The company rose 13-7/8 to 252-1/8 after announcing the formation of VerticalNet Europe, a joint venture with British Telecommunications (BT) and Internet Capital Group. VerticalNet is the majority shareholder of the new venture, which is being funded with $227 million in cash and other assets from the three companies...

Stock Watch: Interliant Signs Up New CEO

Shares of applications service provider Interliant (Nasdaq: INIT), which offers Web-hosting and e-commerce solutions for online businesses, gained 7-3/8 to 45-1/4 on Tuesday. There were several catalysts for the stock move. On Tuesday, Interliant announced that Herb Hribar will become its CEO effective February 15th. Hribar had been president and chief operating officer of Verio since July of 1998...

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