Find these stories and more at
http://www.redherring.com

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TOP STORY: Despite market conditions, the technology sector
still holds promise. We select eight attractive investing
categories and tell you what to look for within them.

* Tech investing 2001
http://www.redherring.com/mag/issue87/mag-investing-87.html

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A D V E R T I S E M E N T

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A D V E R T I S E M E N T
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Lazy money

Nick Denton is CEO of Moreover. Previously, he was a writer
for The Economist, and an investment banking correspondent
for the Financial Times. So it's not surprising that when he
decided to ditch news writing and start his own operation,
he picked something related to journalism -- but not a
content company. As Nick says, "Journalists don't scale."

Nick's product indexes a finite number of frequently
updated, unscalable content sites; right now, it scans more
than 2,000 sites about every 15 minutes. By comparison,
normal global search engines, from Google to Inktomi, crawl
everything and anything. Because a complete tour of the Web
can take weeks, these engines can miss current articles.

The clever part of Moreover's model is that the company is
not, strictly speaking, in the search engine business.
Instead of running machines that answer queries directly, it
exports its index to its partners (new sites and
corporations that need current market intelligence), so
their own search engines have a better content set to use.

The 50-person company partners with search companies today,
but its technology would probably make a nice snack for one
of these much-larger companies -- providing Internet stocks
go back up and make acquisitions possible again, that is.


- Rafe Needleman, rafe-needleman@redherring.com
Editor, http://www.redherring.com


FURTHER READING
* What's the future of search engine companies? Discuss!
http://boards.redherring.com/WebX?13@31041@.ee6d7ae??* Company site: Moreover?http://www.moreover.com??* Complementary technology: Autonomy?http://www.redherring.com/cod/2000/1201.html??* Another relevance engine: Fizzylabs?http://www.redherring.com/cod/2000/0630.html??* Comparative stock chart: The Street, Marketwatch, CNET,?Salon?http://www.stockmaster.com/exe/redherring/chart?Symbol=TSCM&co=c&m=12&f=d&sz=d?&ci=n&cs=MKTW%2CCNET%2CSALN&ma=n&lco=c&UPT=2948??* Buybacks boost stock, but at a price?http://www.redherring.com/investor/2000/1211/inv-buyback121100.html??* Shop Talk: Disney is content with content?http://www.redherring.com/industries/2000/1024/ind-shoptalk102400.html??* Online content's headlines spell trouble?http://www.redherring.com/industries/2000/0626/ind-content062600.html??* Content and its civilization (1999)?http://www.redherring.com/mag/issue63/vc-content.html??* VCs began shying away from content deals in 1998?http://www.redherring.com/mag/issue56s/winter.html??------------------------------------------------------------?A D V E R T I S E M E N T??DLJdirect - Visit Our IPO Center!?DLJdirect is one of the world's premier online brokerage?Firms serving sophisticated self-directed investors.?Find out how you may participate in a?New IPO issue at DLJdirect.??http://www.dljdirect.com/ipobannerad.htm?OIRDHTXIP??A D V E R T I S E M E N T?------------------------------------------------------------??INSIDE TECH?In the Red Eye: Fear not, Internet investors -- the next?phase of the Internet boom has only just begun. Also, how?can we move beyond "pregnant chads" and butterfly ballots??While the technology's there, the will may be missing.??* The Red Eye: Internet phoenix will rise?http://www.redherring.com/insider/2000/1212/tech-redeye121200.html??* Technology can eliminate retro-voting?http://www.redherring.com/insider/2000/1211/tech-mag-89-voting121100.html???INVESTOR?After staging a second-half stock-market comeback, the?future for Qualcomm remains as confusing as ever.??* Qualcomm faces conundrum?http://www.redherring.com/investor/2000/1212/inv-qualcomm121200.html???IPO NEWS?In IPO week in review: when the Federal Reserve acknowledged?that economic growth is slowing, some were convinced the?worst is over for a battered technology market. But it's?likely too little, too late to resurrect the IPO market.?Also, Lucent renames its communications chip unit Agere and?files for a $100 million IPO. Can this help Lucent's stock?get back on track???* IPO week in review: the waiting game?http://www.redherring.com/ipo/2000/1211/ipo-review121100.html??* Can spin-offs save the day for Lucent??http://www.redherring.com/ipo/2000/1212/ipo-agere121200.html???VC & STARTUPS?In Dealflow: Akara asks for and gets $17 million; Catena?Networks nabs $60 million; Mohr, Davidow starts $850 million?fund; Gab Internet pitches; and more.??* Dealflow: Highwired's kinder, gentler layoffs?http://www.redherring.com/vc/2000/1212/vc-ltr-dealflow121200.html???INDUSTRIES?In Global Currents: Softbank and Freeserve eat humble pie in?admitting that their business models couldn't cut it. Also,?in Shop Talk: Take off your clothes, put on a spandex?bodysuit, and get scanned. Welcome to tomorrow's clothing?store.??* Global Currents: Let that be a lesson?http://www.redherring.com/industries/2000/1212/ind-global121200.html??* Shop Talk: Doppelgangers live to shop?http://www.redherring.com/industries/2000/1212/ind-shoptalk121200.html???------------------------------------------------------------??FREE email newsletters from Redherring.com!??Want insight into the hot IPO market, long-term investing?strategies, future technologies, stocks to watch, venture?capital funding, and more? Get FREE email newsletters in?your inbox from Redherring.com, with the insight, analysis,?and opinion to help you make more strategic business and?personal investing decisions. Subscribe today.??http://www.redherring.com/jump/om/i/business/rhcom/global/subscribe/47.html??------------------------------------------------------------??SPECIAL OFFER on RED HERRING magazine!??Stay on the cutting edge of technology -- subscribe to Red?Herring. 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