dcsimg
RealTime IT News

Hot, Not & IPOwatch: ISDEX Ups & Downs By Sector

A classic example of how to shift gears and turn the corner in the Internet space: Security First Network Bank (NASDAQ:SFNB), up 55% since July 7 and 264% since we rang in 1998.

How did Security First manage it? By becoming a bank's bank with its S1 unit in the ether world of the Internet, licensing its banking software to the who's what and what's who of moneydom, 80 financial entities, including 14 of the top 100 U.S. financial institutions.

Egghead.com (NASDAQ:EGGS) finally got some respect after the months we've been saying it was poised to break out. The software-hardware retailer's move to the Web appears to have been a wise one as EGGS gained 42% in two weeks and 238% year to date.

In broad strokes, access, commerce and software led the percentage runners up from 9% to 20% since July 7. Let's take a look at ISDEX, The Internet Stock Index, by category and see how each fared:

ISDEX ®   21-Jul-98 % change
The Internet Stock Index   close from
where Wall Street meets the Web     07-Jul-98
seen by more than 350,000 on the Web & in print      
ISDEX Geometric Avg.   168.21 1.3%
ISDEX Price Wtd.   1,919.00 0.2%
NASDAQ   1,979.14 3.7%
DJIA   9,190.19 1.2%
       
       
CONTENT      
WavePhore WAVO $13.69 26%
NewsEdge NEWZ $9.25 12%
Sportsline USA SPLN $36.56 2%
CNET CNWK $62.13 -6%
Mecklermedia MECK $22.63 -13%
TOTAL   $144.25  
WEIGHTED AVERAGE   $28.85 -2%
       
ACCESS/SERVICES      
Mindspring MSPG $126.63 36%
Metricom MCOM $9.44 30%
Earthlink Network ELNK $40.88 15%
Concentric CNCX $35.38 -5%
PSINet PSIX $13.06 -12%
TOTAL   225.38  
WEIGHTED AVERAGE   45.08 20%
       
COMMERCE RETAILERS      
Egghead.com EGGS $22.00 42%
E*TRADE EGRP $32.00 40%
Onsale ONSL $27.13 9%
Amazon.Com AMZN $132.06 8%
CDnow CDNW $22.75 -2%
N2K NTKI $20.38 -9%
TOTAL   256.31  
WEIGHTED AVERAGE   42.72 11%
       
       
COMMERCE ENABLERS      
CMG Info CMGI $85.88 25%
CyberCash CYCH $14.50 12%
USWeb USWB $26.38 0%
CKS Group CKSG $21.63 -4%
CheckFree CKFR $27.06 -7%
Network Solutions NSOL $37.50 -15%
Doubleclick DCLK $48.00 -23%
TOTAL   260.94  
WEIGHTED AVERAGE   37.28 -2%
       
NAVIGATION/AGGREGATORS      
America Online AOL $129.56 19%
Intuit INTU $66.50 9%
Excite XCIT $48.75 1%
@Home Network ATHM $48.56 0%
Yahoo! YHOO $189.00 -1%
Infoseek SEEK $32.00 -9%
Lycos LCOS $73.13 -14%
TOTAL   587.50  
WEIGHTED AVERAGE   83.93 2%
       
SOFTWARE      
Open Text OTEXF $17.75 27%
RealNetworks RNWK $45.00 27%
Versant Object Technologies VSNT $5.38 26%
Broadvision BVSN $26.75 4%
Open Market OMKT $18.00 0%
Spyglass SPYG $11.88 -1%
Netscape NSCP $33.69 -6%
TOTAL   158.44  
WEIGHTED AVERAGE   22.63 9%
       
SECURITY      
Security First Net Bank SFNB $26.38 55%
Network Associates NETA $55.75 14%
Axent AXNT $31.00 7%
Cylink CYLK $11.50 -2%
Verisign VRSN $40.75 -4%
CheckPoint Software CHKPF $26.25 -9%
Secure Computing SCUR $9.44 -12%
Security Dynamics SDTI $15.44 -14%
Cyberguard CYBG $7.88 -21%
TOTAL   224.38  
WEIGHTED AVERAGE   24.93 4%
       
IP COMMUNICATIONS      
IDT Corp IDTC $28.44 6%
VocalTec VOCLF $13.25 3%
TOTAL   41.69  
WEIGHTED AVERAGE   20.84 5%
       
HIGH-SPEED SOLUTIONS      
Broadband Technologies BBTK $4.94 13%
PairGain PAIR $15.19 -7%
TOTAL   20.13  
WEIGHTED AVERAGE   10.06 -3%

Turning to a different topic, we're putting this handy IPO table up for you to be able to glance at who came and who's coming in the endless summer of love now playing at a Wall Street Internet offer near you. This is rated 'G' for gee whiz so far for those debuting in the public market.

Of course Alan Greenspan's remarks that the stock market was frothy may change that rating very soon to 'PG' for pop goes the market, so keep your eyes open and modem buzzing. Click and explore the analysis.

Steve Harmon's Internet IPOwatch!
On deck7
Citysearch
Cyberian Outpost
Digital River
GeoCities
Gone public7
Broadcast.com
Broadcom
CDnow
Doubleclick
Inktomi
ISS Group
N2K
Netgravity
Software.net
Verio
Verisign
share this with a friend!
© 1998 Mecklermedia, Internet.com