RealTime IT News

Internet Market Close Report for 1998.05.20

  20-May-98 point change % change
ISDEX 148.24 -1.69 -1.13%
ISDEX Price Wtd. 1,531.16 -18.53 -1.20%
NASDAQ 1,831.75 -14.12 -0.76%
DJIA 9,171.48 116.83 1.29%

  • Market Guide (NASDAQ:MARG), a financial information provider on the Internet, now provides AltaVista Search Services new Finance Zone with a feed and screening tool. We think AltaVista is playing catch up in the destination space as its rivals have all become channels and online services. Digital/Compaq should perhaps spin this out via IPO like Digital planned to long ago and use the working capital that results to find a niche for this powerful search service. We estimate AltaVista as a firm could fetch a $325 million valuation in an offering and maybe $35 million working capital.

  • Mecklermedia, (NASDAQ:MECK) reports its Internet World UK Spring '98 trade show (May 11-14th) attendance reaches more than 7,500 Internet industry and business professionals. Internet World UK Spring '98 continues to be the United Kingdom's largest Internet industry trade show.

    Internet stocks, venture capital, the money trail --

    Steve Harmon and top industry insiders give first-person and vigorous debate, with your Q&A, at

    Summer Internet World's Capital Connections

    session. July 15 Chicago. SIGN UP NOW!