Steve Harmon

Back in January when Sequoia Capital, idealab capital partners and a few others invested $11 million in startup MP3.com the rush was on to find the player that would matter in the new world of downloadable music. Play it again Sam. In 1994 I wrote a 10 year forecast for the music industry that envisioned […]

Internet stocks went on a hiccup rollercoaster ride Monday as the ISDEX once again starts the day mixed and closes up. Today’s snapshot:   01-Mar-99 % change point change ISDEX 315.94 8.70 2.66% NASDAQ 2,295.18 7.15 0.31% DJIA 9,324.78 18.20 0.20% Amazon.com (NASDAQ:AMZN) realizes some return on its 46% stake in startup Drugstore.com. The online […]

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The ISDEX bucked the market’s downtrend on Friday as a few key stocks climbed on rumblings that takeovers and mergers are not done yet. Today’s snapshot:   26-Feb-99 point change % change ISDEX 307.67 8.09 2.70% NASDAQ 2,288.03 -38.79 -1.67% DJIA 9,306.58 -59.76 -0.64% AOL (NYSE:AOL) is a rumored (again) takeover candidate by AT&T (NYSE:T). […]

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no body

Internet IPOs seem to be flying and filing to go public faster than Dennis Rodman can go through a hairstyle change. And that’s fast. This past week we count a dozen Internet companies lining up at the free-throw line with the highest profile one from the “shock jock” of financial journalism Jim Cramer’s TheStreet.com. The […]

Fears about interest rate increases spark a selloff in the broad market early in the day, but it recovers somewhat in late-afternoon trading. The ISDEX moves sideways as investors cherry picked the stocks worth owning (at least this week). Today’s snapshot:   25-Feb-99 point change % change ISDEX 299.58 0.07 0.02% NASDAQ 2,326.82 -12.56 -0.54% […]

no body

no body

Dealmaking fever drives the value of unique users up a blended 12% since February 17 as some of the mergermania begins to bear fruit. Case in point: the new Mickey Mouse Club, headed up by Infoseek. If you’re Disney the answer to “what are you going to do now” is not “go to Disneyland,” it’s […]

After a brief sprint out the gate as trading began, ISDEX lost its legs as the overall market got weak knees. ISDEX closes at 299.51, off 3%. Today’s snapshot:   24-Feb-99 point change % change ISDEX 299.51 -9.61 -3.11% NASDAQ 2,339.38 -36.97 -1.56% DJIA 9,399.67 -144.75 -1.52% Amazon.com (NASDAQ:AMZN) acquires a minority stake in Drugstore.com. […]