A couple days ago I blogged about Omniture's (OMTR) market cap being half that of Web Side Story (WSSI). I based my blog post on Yahoo Finance. They put Omniture's market cap at $102.7 million today. Fortunately, two of my readers have commented that Yahoo Finance was wrong. The number of outstanding shares is not 14 million, but 40-50 million.

A few highlights from the Shutterfly S-1:

• $83.9 million in revenue last year with net income of $28.9 million (But $24 million was from a one-time tax benefit recognized in Q4 2005. The revenue growth is strong year over year.
• They have stored more than 900 million customer photos in their archives.
• They have sold 300 million prints in 11 million customer orders.
• 84% of their customers are female.

This is a bit surprising to me.

I'm so happy for everyone associated with Omniture for successfully completing its IPO today. The shares opened at $6.50 and ended the day up slightly at $6.53 per share. Visit Yahoo Finance for more. This high tech IPO is a big deal for Utah, which needs more IPOs. And Omniture now has a war chest to help it maintain its leadership position in the web analytics space.

Fortune magazine includes GoDaddy in its list of tech IPOs to watch for.

Will Google IPO process go mainstream?

W. R. Hambrect, the San Francisco investment bank, hopes so.

Stock Market News and Investment Information | Reuters.com

Digital Music Group starts trading today on the Nasdaq under the symbol DGMI. I'll add this to my My Yahoo portfolio so I can track this company.

This morning I woke up with three ideas that I believe could be
developed and sold to one of the major search engines within the next
three years. I started wondering if the best exit strategy for an
internet based startup these days is to position yourself to be
acquired by Google, Yahoo, or Microsoft. And maybe even eBay. There is
so much capital in these companies and they all seem to be anxious to
do acquisitions. And the IPO market has seemed so sleepy for so long.

I'm always impressed when I see an Alexa traffic chart like Answers.com. Within a few months of launch, the site is generating several hundred thousands unique daily visitors. This site is kind of a combination of Wikipedia.org, Dictionary.com and Bartleby.com.

Shopping.com has raised more than $124 million in its IPO, pricing shares at $18, after upping its range to $16-18. The Israel-based company is the 4th largest shopping destination online. It had $42 million in revenue and $3.8 million in net income during the first six months of 2004.

I read yesterday that all Internet IPOs this year are trading above their opening price. It's definitely survival of the fittest.

WebSideStory began trading today on the NASDAQ. Symbol is WSSI. This company has wanted to IPO for nearly 4 years. Last year it had revenues of more than $16.3 million and losses of just under $2 million. It turned profitable in the first six months of this year. The stock is trading above $9, up from its opening price of $8.50. They apparently sold 5 million shares in the IPO.