Internet Stock Index Hits New Highs, Again
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Investor enthusiasm for Internet stocks soared again today as ISDEX, Internet Stock Index, jumped more than 2.5% to 149.26.
This representative stock index of 50 Internet-focused companies includes many of the top firms whose shares hover at or near all-time highs.
Today's resurgence in Internet stocks follows a torrid March which saw shares of security software makers in particular zoom.
Verisign (NASDAQ:VRSN), Secure Computing (NASDAQ:SCUR), CheckPoint Software (NASDAQ:CHKPF), and Axent (NASDAQ:AXNT) received enormous investor attention especially as Wall Street expects a consolidation craze to erupt any moment in this highly-fragmented segment.