Friday, March 18, 2005

Victims of pay-per-click ad inflation

The most striking theme that ran through the Q4 financial results of Internet companies, irrespective of size, was the impact of rising pay-per-click ad prices. The winners were the ad brokers - Google and Yahoo. The losers were companies that rely on advertising to attract traffic, as their marketing expenses grew faster than their revenues.

This is a critical theme for investors (rather than short-term traders). Do you own stocks in companies that are dependent on advertising and helpless in the face of rising costs? Here's a list of the victims, with the relevant stats and comments from The Internet Stock Blog's write-up of their Q4 results or recent SEC filings:

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Posted by David Jackson on March 18, 2005 at 10:25 AM in Sector Themes, ticker: AMZN, ticker: BFLY, ticker: DIET, ticker: DSCM, ticker: EBAY, ticker: ECST, ticker: EELN, ticker: LGBT, ticker: MNST, ticker: NILE, ticker: ODMO, ticker: OSTK, ticker: PCLN, ticker: PRVD, ticker: SHOP, ticker: SPRK, ticker: TSCM | Permalink | Comments (3) | TrackBack (2)

Thursday, February 17, 2005

E-Loan (EELN) on marketing and the online loan market (quotes from the conf call)

E-Loan founder Chris Larsen and CEO Mark Lefanowicz discussed their company's marketing strategy and the outlook for the online loan market. Here's what they said:

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Posted by David Jackson on February 17, 2005 at 11:40 PM in Conf call quotes, Small/Micro cap, Sub-sector: E-finance, ticker: EELN | Permalink | Comments (0) | TrackBack (0)

E-Loan (EELN) beats consensus by $0.03, stock up 14%

E-LOAN (ticker: EELN) reported Q4 results that beat analyst estimates and drove the stock up 14% in subsequent trading. Details:

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Posted by David Jackson on February 17, 2005 at 11:36 PM in Earnings results, Small/Micro cap, Sub-sector: E-finance, ticker: EELN | Permalink | Comments (0) | TrackBack (0)

Tuesday, February 08, 2005

Earthlink (ELNK) on broadband profitablity (quotes from the conf call)

Here's what Earthlink (ticker: ELNK) CEO Gary Betty said about the profitability of broadband services on his company's Q4 earnings conference call:

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Posted by David Jackson on February 8, 2005 at 04:36 PM in Conf call quotes, Sub-sector: Infrastructure, ticker: EELN | Permalink | Comments (0) | TrackBack (0)

Monday, January 24, 2005

Are E-LOAN investors on borrowed time?

EELN is up almost 15% on news that E-LOAN will provide auto financing for eBay customers. Here's how it will work, in E-LOAN's words, then a comment and a question:

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Posted by David Jackson on January 24, 2005 at 03:03 PM in Sub-sector: E-finance, ticker: EELN | Permalink | Comments (0) | TrackBack (0)

Friday, January 21, 2005

Online mortgages growing slower than expected

Jupiter Research has scaled back its forecast for the proportion of mortgages that are initiated online. Jupiter now thinks that only 5% of purchase mortgages and 8% of refinance mortgages will originate online by 2009. Mortgage originations were expected to be a natural target for e-commerce. So what's happening?

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Posted by David Jackson on January 21, 2005 at 11:09 AM in Sub-sector: E-finance, ticker: CD, ticker: EELN, ticker: ET, ticker: RATE, ticker: SCH | Permalink | Comments (0) | TrackBack (0)