Steve Harmon

Also, the Web guide site signed an agreement with Schwab and Quicken.com to pump up its investment area. And Excite turned on the lights at its new express shopping service, with an aim to grab a big piece of the holiday shopping frenzy. Taken together, the news puts Excite on track for e-tail and investing. […]

Wall Street’s love-hate relationship with Internet IPOs turned rosy again Wednesday, helping Web publisher Earthweb Inc. make a stunning debut. EarthWeb’s soared from its $14 opening to as high as $59 today before closing at $48.6875. EarthWeb’s volume was 11.4 million shares, meaning the company’s entire float of 2.1 million shares changed hands more than […]

While “The Waterboy” is number one at the box office this week, playing just up the block on Wall Street is an altogether rather liquid event, ISDEX, up 19.9% in one week. Yes, one week. Fans of mountain climbing know that sometimes you don’t know how far you’ve climbed until you look back. Looking back […]

‘Twas the month before Christmas and all through the Web e-tail stocks start stirring, though some thought long dead…and up on the rooftop click, click click, down through the modem comes the new St. Nick. We predict this year’s holiday buying will blow away expectations and forever change the gift-giving season and estimate that as […]

First reader up this week writes: “Steve, what is your opinion on whether or not ATT will get their way with bundled Internet access with TCI…or do you think it will be regulated? What are the two likely scenarios for ISPs like Mindspring, AOL, Earthlink, etc., if ATT gets its way, or if they don’t. […]

Rumor has Amazon.com (NASDAQ:AMZN) apparently considering acquiring a software e-tailer. There’s a few offering this type of thing now: Beyond.com (NASDAQ:BYND), software e-tail network Digital River (NASDAQ:DRIV), Egghead.com (NASDAQ:EGGS) to name a few. Most of the buzz centers on Beyond.com, whose CEO Mark Breier, coincidentally, was VP marketing at Amazon for two years, helping the […]

  05-Nov-98 point change % change ISDEX 180.38 3.46 1.96% NASDAQ 1,837.10 13.53 0.74% DJIA 8,915.47 132.33 1.51% Moves and news: Microsoft (NASDAQ:MSFT) selects Beijing as its first Asian research lab site with $80 million slated to develop it over the next few years. We think the move notable in getting Microsoft a foothold in […]

With Microsoft agreeing to acquire LinkExchange for $250 million stock, I put the deal at 15x revenue, about mid-way between my estimated run rate revenue multiples for publicly-traded DoubleClick (NASDAQ:DCLK) at 6x and 24/7 Media (NASDAQ:TFSM) at 25x. LinkExchange represents the #2 here, of this group in reach and estimated revenue, late to the IPO […]

All year long there’s been a lovefest for big brands, big bucks and the get big fast Internet firms. You know the names. Our latest tally of ISDEX ups and downs for the past week shows some of the “smallbies” bobbing at the top for a change. Quite simply, as the big brands keep rising […]

Let’s take a look at our latest thinking for this group: @Home (NASDAQ:ATHM), the pioneer in cable Internet services. Deals with all the leading cable operators through an early smart alliance and investment from TCI, nation’s largest cable operator (and John Malone’s Hi-Ho Silver horse). Malone was the interactive TV cowboy who got thrown from […]

  02-Nov-98 point change % change ISDEX 171.91 8.15 4.98% NASDAQ 1,800.91 29.52 1.67% DJIA 8,706.15 114.05 1.33% Moves and news: Yahoo (NASDAQ:YHOO) hits a new all-time high and ends the day up 11% to $145.4375 per share. We attribute it more to investors going with the market leader than any one news item today. […]

First reader up this week writes: “How do you see the big four engines (yhoo, xcit, seek& lcos) competing with each other (i.e. is there enough for all to fare well?) and also with the “new” engines recently introduced to the net (snap, go…etc. which come from deep pockets and advertising experienced parents)? Do you […]