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RealTime IT News

RealNetworks Tops Gainers: The Hottest Internet Stocks, Still Climbing

It's hard to tell if Wall Street's latest infatuation with Internet stocks has more to do with first date jitters or genuine affection. Ever since Intel shocked the PC stock world with weaker than expected results, institutional investors who bailed from silicon have found some solace in "sizzle-thon," and that means all roads lead to the Net.

But we suspect that a few of these big money players may be buying on strength of brand and not weakness of value for some of the higher flyers such as Amazon and Yahoo! It's no wonder then that the top three in our latest tally are RealNetworks (NASDAQ:RNWK), Network Solutions (NASDAQ:NSOL), and Sportsline (NASDAQ:SPLN), each a leader or top two in its category.

A lot of sideways movement, running to stand still for stocks like CyberCash (NASDAQ:CYCH), Verisign (NASDAQ:VSGN), and Infoseek (NASDAQ:SEEK).

Somewhat surprisingly, CyberGuard (NASDAQ:CYBG) bottom feeds at near last even as Internet security issues moved skyward, especially newbie ISS Group (see ISR March 31).

CNET's bottom rung position also offers cause for pause. In the end, we think that with more than 450 employees the cash drain may be catching up to the technology news innovator.

Hot & Not Internet Stocks

ISDEX ®   31-Mar-98 % change Point change % change
Internet Stock Index   close from from from
www.isdex.com     24-Mar-98 24-Mar-98 31-Dec-97
           
ISDEX Geometric Average   151.82 1.7% 2.59 52.0%
ISDEX Price Wtd. Composite   1,523.72 2.3% 33.78 46.3%
NASDAQ   1,835.68 1.3% 23.24 16.9%
DJIA   8,799.81 -1.2% -104.63 11.3%
           
RealNetworks RNWK $29.00 29% $6.56 109%
Network Solutions NSOL $37.13 27% $8.00 183%
Sportsline USA SPLN $32.38 12% $3.34 201%
Doubleclick DCLK $35.13 10% $3.19 107%
Axent AXNT $30.50 10% $2.72 77%
Open Market OMKT $20.63 9% $1.66 114%
WavePhore WAVO $10.50 8% $0.81 12%
PairGain PAIR $24.00 8% $1.75 24%
Cylink CYLK $14.44 7% $0.94 48%
Broadvision BVSN $17.88 7% $1.13 175%
Yahoo! YHOO $92.44 6% $5.63 33%
NewsEdge NEWZ $14.13 6% $0.75 6%
Egghead.com EGGS $10.75 5% $0.50 65%
Lycos LCOS $44.25 5% $2.00 7%
Concentric CNCX $19.50 5% $0.88 120%
Metricom MCOM $9.88 5% $0.44 3%
Earthlink Network ELNK $56.44 5% $2.44 119%
PSINet PSIX $11.13 4% $0.44 117%
E*TRADE EGRP $24.94 4% $0.88 8%
Intuit INTU $48.38 3% $1.53 17%
CheckPoint Software CHKPF $45.69 3% $1.31 12%
Excite XCIT $50.94 3% $1.34 70%
Mecklermedia MECK $24.13 3% $0.63 -3%
@Home Network ATHM $33.81 3% $0.88 35%
Network Associates NETA $66.25 3% $1.63 25%
N2K NTKI $29.88 2% $0.50 104%
Amazon.Com AMZN $85.53 2% $1.28 42%
IDT Corp IDTC $37.50 1% $0.31 85%
Broadband Technologies BBTK $7.75 1% $0.06 88%
America Online AOL $68.31 1% $0.44 51%
CMG Info CMGI $57.94 1% $0.31 92%
CyberCash CYCH $16.25 0% $0.00 28%
VocalTec VOCLF $20.50 0% $0.00 0%
Security Dynamics SDTI $41.13 0% -$0.13 15%
Verisign VRSN $44.00 -1% -$0.50 214%
USWeb USWB $22.13 -1% -$0.28 136%
Spyglass SPYG $8.31 -1% -$0.13 68%
Infoseek SEEK $18.06 -2% -$0.44 68%
CheckFree CKFR $22.13 -3% -$0.63 -18%
Onsale ONSL $31.00 -4% -$1.25 72%
CDnow CDNW $24.00 -4% -$0.97 50%
Mindspring MSPG $64.25 -4% -$2.94 91%
Netscape NSCP $18.19 -5% -$0.94 -25%
Secure Computing SCUR $13.38 -5% -$0.75 13%
Security First Net Bank SFNB $8.63 -5% -$0.50 19%
CKS Group CKSG $18.81 -7% -$1.50 33%
Open Text OTEXF $18.13 -8% -$1.50 36%
Versant Object Technologies VSNT $7.38 -8% -$0.63 -47%
Cyberguard CYBG $9.50 -17% -$1.94 69%
CNET CNWK $26.88 -18% -$6.09 -9%
TOTAL   1,523.72 2% 33.16 46%
SIMPLE AVERAGE   30.47 2% 0.66 46%