The Role of Economic Fundamentals, Web Traffic, and Supply and Demand in the Pricing of U.S. Internet Stocks
Preprint
- 1 January 2000
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
In this paper I measure the importance of three groups of factors in the pricing of U.S. Internet stocks: economic fundamentals, web traffic, and supply and demKeywords
This publication has 21 references indexed in Scilit:
- Profits, Losses and the Non-Linear Pricing of Internet StocksSSRN Electronic Journal, 2000
- Insider Trading Subsequent to Initial Public Offerings: Evidence from Expirations of Lock-Up ProvisionsSSRN Electronic Journal, 2000
- The Pricing of Dividends in Equity ValuationSSRN Electronic Journal, 1999
- Do Institutional Investors Prefer Near-Term Earnings over Long-Run Value?SSRN Electronic Journal, 1999
- Changes in the value-relevance of earnings and book values over the past forty yearsJournal of Accounting and Economics, 1997
- Investor valuation of the abandonment optionJournal of Financial Economics, 1996
- Value-relevance of nonfinancial information: The wireless communications industryJournal of Accounting and Economics, 1996
- Differential Information and Security Market EquilibriumJournal of Financial and Quantitative Analysis, 1985
- Bid, ask and transaction prices in a specialist market with heterogeneously informed tradersJournal of Financial Economics, 1985
- Accounting Earnings and Security Valuation: Empirical Evidence of the Fundamental LinksJournal of Accounting Research, 1985