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RealTime IT News

Internet Market Close Report for 1998.05.07

  07-May-98 % change point change
ISDEX 158.47 -2.04% -3.30
ISDEX Price Wtd. 1,643.75 -1.76% -29.47
NASDAQ 1,835.14 -1.16% -21.54
DJIA 8,976.68 -0.86% -77.97

  • Market Guide (NASDAQ:MARG) reports fourth quarter ended February 28, 1998 revenues jump 60% to a record $2 million while net income is $112,862 or $0.02 per share vs. a loss per share of $0.01 for its 4Q97.

  • Mecklermedia (NASDAQ:MECK), The Internet Media Company and producer of this report, posts its second quarter ended March 31, 1998 revenue of $20.7 million vs. $20.5 million 2Q97. Net income is $5.1 million, or $0.61 per share, vs. $3.5 million, or $0.41 per share 2Q97.

  • PSINet (NASDAQ:PSIX) offers to exchange its 10% Senior Notes due 2005, Series B for its outstanding 10% Senior Notes due 2000, Series A.



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