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The week ahead: The state of the Internet

Sam Ames, CNET News.com CNet

Published: 09 Jul 2001 10:07 BST

Investors will get a peek at the health of the Internet companies still left standing this week.

Internet portal Yahoo! will reveal its second-quarter earnings to Wall Street on Wednesday, and online advertising company DoubleClick will tell all on Tuesday.

Industry watchers will not teeter on the edge of their seats in excitement. Analysts expect Yahoo! to post break-even numbers compared with a profit of 12 cents for the same quarter last. DoubleClick is estimated to lose 8 cents vs. a loss 3 cents last year.

The conference circuit picks up after a dead Independence Day week in the US. Technology professionals interested in protecting their networks from computer hackers can attend the Black Hat Briefings in Las Vegas, then go across town after the event and possibly meet the hackers that worry them at Def Con 9.

Economy watchers will also keep a sharp eye on the Producer Price Index and Consumer Price Index numbers from the government on Friday as well as retail sales figures. Such information provides insight as to whether the sluggish US economy is headed for recovery or less growth.

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