RealTime IT News

Internet Market Close Report for 1998.06.01

  01-Jun-98 point change % change
ISDEX 131.65 -6.77 -4.89%
ISDEX Price Wtd. 1,343.56 -82.75 -5.80%
NASDAQ 1,746.82 -32.05 -1.80%
DJIA 8,922.37 22.42 0.25%

  • CyberGuard (NASDAQ:CYBG) agrees to acquire Arca Systems, an information security services firm in an effort to expand its enterprise network security products and services. We think this area may see more consolidation in the next six months as the fragmented security software market builds integrated applications and suites of services.

  • USWeb (NASDAQ:USWB) agrees to acquire Seattle-based Nutley Systems, which specializes in building services based on Microsoft products and technologies. Terms not disclosed.

    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!