Steve Harmon

ISDEX adds iVillage (NASDAQ:IVIL) effective immediately to replace Netscape, which merged with AOL (NYSE:AOL). In addition, a 2-for-1 stock split by Network Solutions (NASDAQ:NSOL) is effective today. The urge to merge drove up ISDEX the first quarter of 1998 but the IPO market has taken center stage for the time being. Today’s snapshot: MiningCo (NASDAQ:MINE) […]

ISDEX dropped 1.4% the past week but compare that against a year to date 79% run for ISDEX. This leading barometer of Internet stocks just added Prodigy (NASDAQ:PRGY) to replace the merged N2K, which joined CDnow (NASDAQ:CDNW) in a game of musical chairs. The duet will focus on music downloads. A little late to that […]

The entire market gets a slight haircut as just 5 of the 50 stocks in ISDEX end the day up. Overall the leading Internet Stock Index ends down 5% at 511.79. Some of the zeal may be waiting for the slew of Internet IPOs at the starting gate, among them is the latest ‘webutante,’ Autoweb […]

Reports say Yahoo may be in talks to acquire Broadcast.com (NASDAQ:BCST), which sent shares soaring 37% yesterday for the audio-video Web network and was cause for BCST shareholders to let out a little “yahooo!” of their own. But what could BCST fetch if it’s in play? For the longest time I’ve believed that Broadcast.com was […]

The broad market takes a slight hit but ISDEX finds some upside as Internet stocks once again take the spotlight. Used to be industrials driving the market but investors sense the sea-change that’s occurring. Let me spell it out: Internet stocks are the market as the information economy is here and growing faster than any […]

First reader up this week writes: “As a physician, I’m not supposed to know about investing (that’s what “they” tell us….people like stockbrokers, colleagues, friends). But I discovered the Internet two years ago. And Internet stocks. And your analysis. The combination has done very well for me (to which the new condo in Kona can […]

The initial public offering market continues to fuel strong interest in Internet stocks as several market leaders show gains today. iVillage’s (NASDAQ:IVIL) rocketship debut soars more than triple from its IPO price. Prices at $24 and opens at $95.875, touches a $100 ceiling before the trade fest softens as IVIL closes at $80.125. The problem […]

IPODEX shows that this basket of stocks that made the jump to public life this year was up 261% from IPO pricing to March 18. Two of the stocks, Vignette (NASDAQ:VIGN) and WebTrends (NASDAQ:WEBT), hit new all-time highs. Overall, IPODEX stocks, however, traded off -30% from their highs, but 415% off the lows. The lows […]

The latest stock leaning towards being an Internet powerhouse made the rounds on the squabble box: Safeguard Scientific (NYSE:SFE), prompting many followers of my analysis to email me asking how it fits in the Internet investment landscape. Here’s how: The short answer is you know a tree by its fruit. In other words, Safeguard’s picks […]

  3/18/99 % change point change ISDEX 518.98 1.8% 8.94 NASDAQ 2,462.96 1.4% 33.99 DJIA 9,997.62 1.2% 118.21 CMGI (NASDAQ:CMGI) announces a 2-for-1 stock split, sending shares of the Internet investment firm up 5% to $184.8125. Egghead.com (NASDAQ:EGGS) shares jump nearly 30% to close at $21.875 per share after Piper Jaffray put out a strong […]

Expectations of first quarter results starts to influence shares in ISDEX and the other indices as investors ponder where the surprises will be, and whether up or down. Many expect more pleasant news coming from the high-growth Internet sector, driving up ISDEX today. The snapshot:   17-Mar-99 point change % change ISDEX 520.73 0.36 0.07% […]

Sometimes a company name can be prescient as in the case of Go2Net, which Paul Allen invested in this week and did just that. The inspired move sent Go2Net (NASDAQ:GNET) shares going ballistic, up 48% the past week and 612% year to date. Allen agreed to invest $750 million in Go2Net for a 54% stake. […]