RE: etoy/eToys HACKER TV PRESS CONFERENCE AT MOMA TODAY, 6:30 p.m .

["Weslake, Brad BG" <Weslake.Brad.BG@bhp.com.au>]

[: hacktivism :]

alex galloway wrote:

> well, you can't argue with the market. and i think the etoys.com stock
> price drop of over %40 speaks for itself.
> 
	No stock price fluctuation 'speaks for itself'.

	The following events also occurred close enough to the price
	dip to have an effect:

	* JP Morgan started coverage of etoys with a mere "market
	  perform" rating, saying it won't be the next amazon. JP
	  Morgan analyst Tom Wyman set a price target of $50 in one
	  year, essentially forecasting no increase.
	* etoys insiders said they were selling off a million shares
	* Media Metrix reported toysrus.com has surpassed etoys
	  in weekly visitors
	* toysrus.com grew 355 percent from last year as opposed to
	  etoys' 52 percent increase
	* toytime.com was the largest ecommerce gainer in any
	  category, according to Media Metrix
	* Only one of 11 analysts following etoys stock rated it a "buy"

	[All straight from Declan McCullagh's post to nettime-l].

	For the full dialogue, check:

	<http://www.nettime.org/nettime.w3archive/199912/msg00075.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00080.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00090.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00097.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00103.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00104.html>
	<http://www.nettime.org/nettime.w3archive/199912/msg00105.html>


	Brad.

EOM 

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