RealTime IT News

Internet Market Close Report for 1998.03.10

ISDEX & Market Moves Snapshot

  11-Mar-98 % change point change
ISDEX 144.86 -1.56% -2.30
ISDEX Composite 1,114.97 -2.62% -29.95
NASDAQ 1,756.85 0.48% 8.34
DJIA 8,675.75 0.38% 32.63

  • PSINet (NASDAQ:PSIX) agrees to lease undersea fiber-optic cable from Global Crossing Ltd., which connects the U.S. and Europe. Term: 25 years. Terms: undisclosed. PSI is slowly building a high-speed backbone. Perhaps Wall Street may slowly regain some enthusiasm for PSIX along the way.

  • Netscape (NASDAQ:NSCP) tries to make its Netcenter site "stickier" by adding two new features: discussion and a member profile directory. More evidence of Netscape trying to diversify from being a software-only firm.

    Steve Harmon invites you to meet the movers & shakers of venture capital live in Los Angeles at Spring Internet World's Business Forum, Capital Connections session, Thursday, March 12. Where deals, dollars and decisions come together. click here and SIGN UP NOW, space limited!