RealTime IT News

ISDEX Bounces Back

internet.com's ISDEX continues its rebound, adding 27.37 points or 4.36% today as the brand leaders start posting better-than-expected results and some thought dead revived on deals.

The snapshot:

  • VocalTec (NASDAQ:VOCL) jumps 24% to $12 11/16 per share as the IP telephony pioneer inks a deal with Chinese telecom giant China Telecom for a 14-city trial using Internet-based telephony. VocalTec's call center and software allows users to dial and speak using packet-switching technologies that allow for cost savings vs. dedicated line calls. In a nation as large as China with 1.2 billion people, being able to more effectively manage the network for voice could be a boon for VocalTec, whose shares in late 1997 traded north of $30.

  • Infospace.com (NASDAQ:INSP) announces plans to launch a desktop portal concept that keeps a window open between a Web site (such as AOL and the user no matter where the user is on the Web). The preview was shown at Hambrecht & Quist's tech conference. Sends INSP shares up 15% to $134 7/8.

  • Excite (NASDAQ:XCIT) shares finally close the arbitrage gap between @Home (NASDAQ:ATHM) which gets government anti-trust approval for the merger. In this report it's been mentioned that as much as 10% to 15% gap in favor of XCIT buying existed until now. I think Excite-@Home now need community big time. ____________________________________________________________ Introducing Internet StockTracker, the new weekly e-mail newsletter from internet.com LLC. Every Friday internet.com will deliver to your e-mail in-box the latest performance data on individual Internet companies and their competitors. Internet StockTracker will deliver to you all the statistics you need to assess the week's activity. Subscribe today and receive the Charter Rate of $127 -- a savings of $100 off the regular subscription price! e-newsletters