Internet Market Close Report for 1998.05.28
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|28-May-98||point change||% change|
|ISDEX Price Wtd.||1,436.69||-13.78||-0.95%|
Backbones values are not what they used to be and we're surprised that MCI's sold so cheaply since it is one of the world's most active backbones. Pro forma a merger, WorldCom-MCI, however, will still operate arguably one of the world's premier backbones through UUNET. On the upside for Cable & Wireless it now gains a foothold in the U.S. theater for Internet services and IP communications yet to come.
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
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