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IPODEX Up 120 Percent From Lows

Critics of Internet IPOs say they pop and drop. Well, not quite. And fans of those who didn't get in at the IPO price should take note: IPODEX shows that this group is up 120% from after-IPO lows.

This basket ended April 8 20% off all-time highs with MarketWatch (NASDAQ:MKTW - news) off the most from highs, down 38%.

Since March 25 these stocks posted 18% gains led by WebTrends (NASDAQ:WEBT - news) with a 60% rocketship.

Check the stats:

Company Stock 8-Apr Percent Change from 8-Apr High % 8-Apr Low %
name Symbol close change vs. 3/25 IPO % of high vs. IPO % difference/low vs. IPO
MarketWatch MKTW $ 81.00 18% 376% -38% 665% 45% 229%
Healtheon HLTH $ 52.13 40% 552% -14% 659% 140% 172%
Verticalnet VERT $ 112.00 3% 600% -13% 706% 222% 117%
Allaire ALLR $ 57.13 2% 186% -20% 256% 68% 70%
Pacific Internet PCNTF $ 64.00 40% 276% -27% 418% 144% 54%
Prodigy PRGY $ 38.75 3% 158% -23% 238% 94% 33%
Vignette VIGN $ 78.00 9% 311% -13% 374% 109% 96%
WebTrends WEBT $ 72.00 60% 454% -1% 461% 227% 69%
  TOTAL $ 555.00 18% 344% -20% 454% 120% 102%
  AVERAGE $ 69.38 18% 344% -20% 454% 120% 102%
  MEDIAN $ 68.00 33% 312% -15% 388% 126% 83%

Moves behind the moves:

  • WebTrends Enterprise Suite is named as nominee for awards from Network Computing magazine.

  • Prodigy (NASDAQ:PRGY - news) announces a new service for Spanish-speaking Net users. Says that Spanish speakers buy computers at twice the rate of English speakers. I believe this market may be getting ripe for such a service and applaud Prodigy's efforts. No surprise though given its Mexican majority ownership.

  • Healtheon (NASDAQ:HLTH - news) signs Tektronix (NYSE:TEK - news) , a healthcare provider with 8,000 employees in the U.S. and in 26 countries, to use Healtheon's Web-based benefits management service.



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