RealTime IT News

ISDEX Jumps To New Highs

ISDEX finds new highs as investor enthusiasm for the Internet leaves the Dow down and NASDAQ posting slight gains. Today's snapshot:

  06-Apr-99 point change % change
ISDEX 617.49 16.62 2.77%
NASDAQ 2,563.17 3.11 0.12%
DJIA 9,963.49 -43.84 -0.44%

  • CyberCash (NASDAQ:CYCH) raises $5 million in a private placement to market its new InstaBuy Wallet, a service that lets buyers buy with a click. I'm wondering how long the tired money will stay with CYCH as it finances itself with these placements.

  • InfoSpace.com (NASDAQ:INSP) announces a 2-for-1 split after the market closes today. The stock has a "buy" rating on it from Banc Boston Robertson Stephens.

  • Beyond.com (NASDAQ:BYND) opens a software store on Compaq's Web site per an agreement from March. The site offers 5,000 software titles. The future of software looks like downloaded titles from a series of software networks like Beyond and Digital River (NASDAQ:DRIV).