Takeover Rumors Dominate Internet Sector
Page 1 of 1
Just before noon, internet.com's Internet Stock Index was up 2.58, or .51 percent, to 507.80, the Nasdaq Composite was off 2.78 to 2,577.48 and the Dow Jones industrial average had shed 53.50 to 10,668.13.
Earthlink (ELNK) was up 4-1/2 to 61-3/4 amid continuing reports that Gateway Inc. is considering buying the Internet service provider. Both companies have refused to comment on the speculation, which caused EarthLink shares to climb 20 percent Tuesday.
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 $157 -- a savings of $100 off the regular subscription price! e-newsletters