Stocks face historically tricky September, October

Article Abstract:

Financial and securities markets in New York, NY, are picking up business after a typically slow August, but are heading into what has historically been Wall Street's toughest two months of the year: September and October. According to Instinet Research, when stocks fare well in August, they decline by 1.4% on average during September and October, but when they fall in August, they appreciate by 0.4% in September and October. Thus, many analysts say that investors should view stock buying very carefully during these months.

Securities and Commodity Exchanges, Securities Exchanges

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Earnings report has Nasdaq saying Yahoo!

Article Abstract:

Yahoo! Inc's report of positive earnings resulted in an 18.4% increase in the value of its shares to $124.94 each as of Jul 12, 2000. The stock's performance, an increase of $19.44 in a single day, was also instrumental in lifting the prices of 89 other Internet stocks. The overall performance of the high-technology stocks was enough to boosts the Nasdaq composite index by 143.17 points to 4099.59, its first positive showing for the year 2000.

Internet service providers, Yahoo! Inc.

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Drkoop in critical condition

Article Abstract:

Drkoop.com shares declined by 20% on Jul 17, 2000, to $1.28, a drop of 96% from its valuation in 1999. The decline, which runs counter to the price rallies reported by most Internet stocks, came after the Web site warned its investors of a lower-than-expected losses for 2nd qtr 2000. Industry analysts, who expect Drkoop to be acquired or to simply fold, said that the company was wrong to depend on Web advertising for its profits.

On-Line Information Services, Videotex & Teletext Svcs NEC, Internet services, Online information services, Drkoop.com

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