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dot com: Network Solutions Jumps 53%, Leads ISDEX

Network Solutions (NASDAQ:NSOL) does what many smarter Internet firms do to reach more eyeballs, inks a deal with Yahoo (NASDAQ:YHOO) for advertising on its global outlets and bam, NSOL soars to a new all-time high of $120.75.

With the pop yesterday, NSOL easily leads all ISDEX gainers for the week, pulling the enabler group up 15% since December 8. Also helping NSOL's winter warmup, it acquiring a stake in URL type-it-in natural language and it finds the Web site Centraal.

For example, typing in "NBA" may bring up an official basketball league Web site (or a set of striking players).

Second-best riser in the group of 50 stocks in the leading Internet index was ISP Verio (NASDAQ:VRIO) which got a couple of "buy" touts from different stock sales analysts. Sales analysts also promoted Web hoster Exodus (NASDAQ:EXDS) as the stock de jour. The recommendations fueled VRIO and EXDS with 21% rises the past week.

Amazon.com (NASDAQ:AMZN) continued to find some legs although we suspect much of the upside this week may be due to shortsellers trying to bail out on their positions. We believe AMZN may have some more room to move if it can keep finding things to sell.

One red flag comes, however, as Bertelsmann invests in a book search engine produced by a couple German guys called Muenchoff & Janz GmbH. They presented at my Startup Live! Venture Showcase in October. The technology gets the lowest price on any book on any bookselling Web site.

ISDEX, The Internet Stock Index, by industry sector--who's hot and not:

ISDEX (

08-Dec-98

% change

Point change

The Internet Stock Index

close

from

from

www.isdex.com

08-Dec-98

08-Dec-98

ISDEX

242.91

4.8%

11.20

NASDAQ

2,012.60

-1.1%

-22.15

DJIA

8,823.30

-2.3%

-204.68

ISDEX by group

Etailers

Amazon.com

AMZN

$242.75

19.0%

$38.69

Beyond.com

BYND

$21.88

-15.9%

-$4.13

Cdnow

CDNW

$17.69

-6.9%

-$1.31

Cyberian Outpost

COOL

$26.00

-0.2%

-$0.06

Egghead.com

EGGS

$19.44

-6.3%

-$1.31

eBay

EBAY

$194.00

9.7%

$17.13

ETRADE

EGRP

$27.00

1.4%

$0.38

N2K

NTKI

$14.06

-3.0%

-$0.44

ONSALE

ONSL

$37.50

-5.7%

-$2.25

total

$600.31

8.4%

$46.69

average

$66.70

8.4%

$5.19

Security

Axent

AXNT

$27.47

-4.5%

-$1.28

Checkpoint

CHKPF

$39.06

-1.4%

-$0.56

ISS Group

ISSX

$41.38

5.8%

$2.25

Network Associates

NETA

$54.50

1.3%

$0.69

Security Dynamics

SDTI

$17.63

-4.4%

-$0.81

Verisign

VRSN

$49.25

4.8%

$2.25

total

$229.28

1.1%

$2.53

average

$38.21

1.1%

$0.42

Content/hubs

AOL

AOL

$92.75

2.6%

$2.38

Broadcast.com

BCST

$64.81

18.4%

$10.06

CNET

CNWK

$47.50

-5.8%

-$2.94

Excite

XCIT

$50.50

-10.8%

-$6.13

GeoCities

GCTY

$34.13

-0.7%

-$0.25

Infoseek

SEEK

$47.50

5.8%

$2.63

Lycos

LCOS

$55.00

-5.0%

-$2.88

Sportsline

SPLN

$16.63

-5.0%

-$0.88

Yahoo

YHOO

$198.00

-0.3%

-$0.50

total

$606.81

0.2%

$1.50

average

$67.42

0.2%

$0.17

Software

Netscape

NSCP

$39.81

2.7%

$1.06

Open Text

OTEXF

$20.00

8.1%

$1.50

Realnetworks

RNWK

$35.38

-0.2%

-$0.06

S-1 Tech

SONE

$26.00

8.3%

$2.00

Spyglass

SPYG

$19.00

-10.6%

-$2.25

Vocaltec

VOCLF

$11.00

-10.7%

-$1.31

total

$151.19

0.6%

$0.94

average

$25.20

0.6%

$0.16

Enablers

Broadvision

BVSN

$34.00

11.7%

$3.56

CKS Group

CKSG

$32.00

12.3%

$3.50

CMGI

CMGI

$74.25

1.4%

$1.00

CyberCash

CYCH

$13.13

-11.4%

-$1.69

DoubleClick

DCLK

$38.63

3.9%

$1.44

Network Solutions

NSOL

$115.56

53.1%

$40.06

Open Market

OMKT

$12.00

-13.9%

-$1.94

24/7 Media

TFSM

$25.00

-3.8%

-$1.00

US Web

USWB

$21.50

7.5%

$1.50

total

$366.06

14.5%

$46.44

average

$40.67

14.5%

$5.16

High-speed/infrastructure

Broadcom

BRCM

$106.38

5.6%

$5.63

Inktomi

INKT

$127.25

4.2%

$5.13

@Home

ATHM

$68.69

8.8%

$5.56

Cisco

CSCO

$83.75

4.9%

$3.94

total

$386.06

5.5%

$20.25

average

$96.52

5.5%

$5.06

ISPs/Access

Concentric

CNCX

$24.13

-5.6%

-$1.44

Earthlink

ELNK

$61.63

3.6%

$2.13

Exodus

EXDS

$48.38

20.9%

$8.38

IDT Corp

IDTC

$15.06

-3.2%

-$0.50

Mindspring

MSPG

$57.81

-15.0%

-$10.19

PSINet

PSIX

$17.94

-6.8%

-$1.31

Verio

VRIO

$22.00

21.4%

$3.88

total

$246.94

0.4%

$0.94

average

$35.28

0.4%

$0.13

(c) 1998 internet.com "The E-Business and Internet Technology Network"

And the news that made the moves:

  • 98.12.09 - On the IPO front, XOOM.com (NASDAQ:XMCM) debuts today, prices at $14 with $4 million shares through Bear Sterns, pops as high as $42 and closes at $34.4375 on nearly 16 million shares traded.

  • 98.12.10 - Internet America (NASDAQ:GEEK) debuts today with a $13 IPO price and crawls to $16 before closing at $14.875 per share. The small Texas ISP sells 2.3 million shares through boutique underwriter Hoak Securities. The original price range was $9 to $11. Why did they select GEEK as the symbol?

  • 98.12.11 - As the $48 billion pending AT&T-TCI merger of telco with cableco proceeds, this House Commerce Committee member today tells the press that AT&T and TCI should not have to make conditions to open the wires up to competitors a part of the approval by the FCC.

  • 98.12.14 - Infoseek (NASDAQ:SEEK) and Disney (NYSE:DIS) announce a beta of the go.com co-venture. SEEK shares promptly lose 6% with the overall Internet stock profit taking that's taking place. But we also think that if go.com is an indicator of what Infoseek-Disney have in mind it kind of looks like Amazon.com with a search engine tossed in. Surely Disney can do better. Said another way, go.com so far resembles Infoseek with a dash of Amazon.com--not revolutionary or even notable yet. Walt Disney, where are you when they need you most?

  • 98.12.15 - CMGi (NASDAQ:CMGI) keeps moving in after-hours trading thanks to $1.67 per share net income for its first fiscal 1999 quarter, reported after it unloaded some of its positions in Lycos (NASDAQ:LCOS), GeoCities (NASDAQ:GCTY) and others during the period ending October 31.

    First quarter fiscal 1999 results included pre-tax gains of $19.1 million on the sale of CMGi's investment in Sage Enterprises (Planet All), $23.2 million on the sale of Reel.com, $19.2 million on issuance of stock by Lycos, and $24.1 million on issuance of stock by GeoCities. The Reel.com deal with Hollywood entertainment made CMGi the largest shareholder in the video chain.

    The earnings are better than expected but we see CMGi as more of a holding fund than an operating entity. CMGi's stock positions give it tremendous earnings power--just sell some shares of the mature companies it holds equity in. We expect the news could ignite CMGi shares further.


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