Discussion of: "The Eyeballs Have It: Searching for the Value in Internet Stocks"

The author comments on the article "The Eyeballs Have It: Searching for the Value in Internet Stocks," by Brett Trueman, M.H. Franco Wong, and Xiao-Jun Zhang. Some of the topics discussed in the article include the valuation of Internet stocks, the effectiveness of an accounting system in capturing firm value, the characteristics of Internet firms, the role of accounting and Internet use data in valuing Internet firms and the factors affecting stock prices. The author expresses criticism towards the methodology used in the article.