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Internet Plays Cropping Up Among Leaders.(THE IBD 100)(INSIDE THE IBD 100)
Byline: NANCY GONDO
Internet stocks, the Wall Street darlings of the late '90s, crashed and burned after the tech bubble burst. But a handful of Nets make the IBD 100 list. Is the phoenix emerging from the ashes?
Not exactly. While the strongest survivors such as eBay and Yahoo regained their leadership status, most of the others are new names, such as Travelzoo and Google. But all have one thing in common: the consumer.
Online auction facilitator eBay caters to and generates revenue from the consumers who buy and sell just about everything imaginable. The stock has rallied to new highs. Leading Internet portal Yahoo, which lost more than 95% during the bear, recently rose to four-year highs.
Travelzoo has shot up more than eightfold in price from its late December start on the Nasdaq. The online publisher of vacation deals has claimed the No. 1 or No. 2 spot on The IBD 100 since mid-July.
Google just keeps ...
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