BullTrade.com Announces Investment Opinion; BullTrade.com -- Internet Week in Review.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--March 2, 1999--Through the week ending February 26th, there was a lot of activity in Internet stocks, including such heavyweights as Lycos, America Online, Ebay, and Amazon.com. After posting a slightly narrower-than-expected loss in its second quarter, and an impressive 142 percent growth in revenue, Lycos (Nasdaq:LCOS (Liquid Crystal on Silicon) A technology used to make microdisplays for rear-projection TVs and head-mounted displays (HMDs). Each LCoS chip hosts a grayscale LCD shutter sandwiched between a cover glass and a mirror. ) shares still fell on Friday over concerns that its merger with USA Networks may not be an ideal marriage of online and real-world commerce. Shares of America Online (NYSE NYSE See: New York Stock Exchange :AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ) were boosted by resurfacing rumors of a potential AT&T-AOL tie-up. Online auctioneer Ebay (Nasdaq:EBAY) saw its shares soar 40% for the week to close at a new high of $334. Shares of Amazon.com (Nasdaq:AMZN AMZN Amazon.com (NASDAQ symbol) ) jumped 25% this week as Drugstore.com opened its doors to the public. Amazon owns 46 percent of Drugstore.com, which sells more than 15,000 brands of personal and healthcare products. The foregoing was provided courtesy of BullTrade.com. Visit BullTrade.com on the web at http://www.bulltrade.com |
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