Steve Harmon

Three new stocks were added to ISDEX — 1) Ariba (NASDAQ:ARBA), a leader in customer procurement and order management in ecommerce; 2) Healtheon (NASDAQ:HLTH), a leader in Web-based health services and 3) Juniper Networks (NASDAQ:JNPR), an upstart that offers some of the fastest routers on the Web, and which some compare to an early Cisco […]

Investors who enjoyed a long weekend apparently couldn’t wait to get back to the pits, trading that is, as Internet stocks enjoy an early rally and end the day up. NASDAQ and the Dow drop after early signs of upswing as well. The current ISDEX value is 571.02 with a change of+6.07(+1.07%). Axent (NASDAQ:AXNT) pops […]

Investors who enjoyed a long weekend apparently couldn’t wait to get back to the pits, trading that is, as Internet stocks enjoy an early rally and end the day up. NASDAQ and the Dow drop after early signs of upswing as well. The current ISDEX value is 571.02 with a change of+6.07(+1.07%). Axent (NASDAQ:AXNT) pops […]

First e-mail up this week asks: “Steve, nice analysis on Ask Jeeves. Do you think Jeeves has a chance against the “Big Boys?” what do you think of the current price?” Reply: I think there’s an opening for pure search again after the first wave of search engines became wider and deeper (and not known […]

By jove, fireworks came early and valuations exploded: Ask Jeeves (NASDAQ:ASKJ) which slated a $10 target IPO price bumped it to $14, which ended its first day at $64. On a market cap basis that’s a 540% increase in what Ask Jeeves thought it was worth just a few days prior to going public and […]

Fireworks come early to the stock market as the Dow, NASDAQ and ISDEX move heaven bound. Still over 100 points off the April highs ISDEX is halfway back to those pre-correction levels. Today the 50-stock bellwether gains 1.67% to 564.95. ONSALE (NASDAQ:ONSL) rockets 36% to $25.25 per share on speculation that Amazon.com (NASDAQ:AMZN) may acquire […]

The broad market continues to rise, albeit at a smaller move over yesterday’s interest rate cheers. The Dow, NASDAQ and ISDEX inch upward. Some profit taking in some of the market leaders but also a move up others. The current ISDEX value is 555.66 with a change of+1.51(+0.27%). iVillage (NASDAQ:IVIL) climbs 11% to $55.75 on […]

While the movie The Phantom Menace got big draw on the big screen, second quarter for Internet stocks had its own menace, interest rate fears. But that didn’t stop the two hottest sectors, broadband and infrastructure, from leading ISDEX in results. First, a reminder of the top. From the April peaks the stocks were off […]

Au contrare. Not my typical investment style but when you see some market leaders down in the bottom 10 of the 50 stocks in ISDEX it makes me wonder if the percentages mean anything. Maybe they do. Case in point: DoubleClick (NASDAQ:DCLK). Since June 16 it’s off -2%, which taken in that timeframe may not […]

The Federal Reserve raises the rate which banks charge each other by 1/4% in a long-anticipated move. The Fed’s discount rate, or the rate it charges banks for money it lends to them, was unchanged. Translation: whew. The stock market takes the 25 basis point move as a final thank you after debating in fear […]

ISDEX, NASDAQ and the Dow climb on the eve of the Fed’s rate meeting Wednesday. ISDEX gains 3.29% to 522.27. CMGI (NASDAQ:CMGI) agrees to acquire 83% of Compaq’s AltaVista Web search unit for $2.3 billion, or 19 million CMGI common shares. Compaq also gets a $220 million 3-year note, becomes CMGI’s largest outside shareholder, and […]

January 1996 I was at industry conference Demo and watched the parade of companies come on stage to showcase their story to the world. One of them was a firm that allowed simple inputting of questions and supplied an immediate response. A well-known venture capitalist friend of mine asked me what was the hottest demo […]