Steve Harmon

Strong subscriber growth and a leap in revenues helped boost cable Internet provider @Home Network’s third-quarter earnings. The company late Tuesday reported a net loss of $9.65 million, or 8 cents a share, compared to a loss of $11.9 million, or 11 cents a share, a year ago. Those results were in line with analysts’ […]

Scenes of Forrest Gump finding legs and running trans-global come to mind with the kind of stride WEBDEX has had this year so far. This week’s box of chocolates goes to GeoCities(NASDAQ:GCTY) which finally sees some e-commerce coming its way. The pioneering Websteader inked a deal with Be Free to add buying and selling services […]

Cisco has been on our radar for eons as the leader in networking solutions but as network and Internet become interchangeable (there are no closed systems in the future, everything will be “Internetted”), it now occupies a prominent spot as leading plumber of the continued rollout of the Web. ebay takes honors as pioneering a […]

  14-Oct-98 point change % change ISDEX 127.25 2.52 2.02% NASDAQ 1,540.97 31.52 2.09% DJIA 7,968.78 30.64 0.39% Moves and news: E*TRADE (NASDAQ:EGRP) reports fiscal fourth-quarter revenue of $68.7 million, up 32% vs. 4q97. Net loss is $15.7 million due to heavy marketing costs, acquisitions and ramp up of its services. Fiscal year 1998 revenues […]

Online financial publisher Marketwatch.Com Inc. hopes to raise $34.5 million in an initial public offering. The company on Tuesday filed papers with the Securities and Exchange Commission to float an IPO, although the company did not disclose how many shares it would offer or what their initial price would be. Marketwatch produces the CBS Marketwatch […]

Unlike planet Earth, which is primarily covered with water, theglobe.com looks parched for revenue so far, in its path to liquidity via IPO. First six months generated just $1.1 million (with 93 full-time employees) with a loss of $5.8 million. We target its public debut, which may go this week, at 56x estimated revenues. Let’s […]

Latin American online network StarMedia Network Inc. today completed an $80 million private equity placement, bringing the network’s total capital to $96.1 million. According to VentureOne Corp., Monday’s announcement is the biggest single equity transaction conducted by a private new media company. JP Morgan & Co. and Chase Securities, Inc. are StarMedia’s financial advisors and […]

First reader up this week writes: “Steve, I just stumbled upon your top ten stock picks for 1998 and the numbers are definitely impressive. Do you pick stocks on a more frequent basis (weekly?). When will your list for 1999 come out and where do I go to see any of your picks?” Reply: The […]

A fantastic Internet Startup Live, seen at the Venture Showcase yesterday, as venture capitalists and entrepreneurs met face to face to grill each other. There was standing room only as the handful of selected firms gave their song and dance at the Fall Internet World Investment Symposium event. Look for a re-cap with some of […]

  08-Oct-98 % change point change ISDEX 77.24 -7.25% -6.04 NASDAQ 1,419.12 -2.97% -43.49 DJIA 7,731.91 -0.13% -9.78 Mecklermedia (NASDAQ:MECK), producer of this report, agrees to sell for $29 per share cash to Penton Media (NYSE:PME) for about $274 million total. On merger completion Chairman and CEO Alan Meckler agrees to acquire an 80.1% stake […]

Yahoo (NASDAQ:YHOO) reported better than expected earnings yesterday, $0.15 EPS vs. the Street’s guesstimate of $0.10 EPS. That news may bolster YHOO shares today since the results came after the market closed. Revenue jumps 196% to $53.6 million vs. 3Q97. Average daily page views reach 144 million vs. 115 million in June. It didn’t come […]

As a group the 50-stock strong ISDEX, The Internet Stock Index, lost 11% since September 30 as Wall Street plays its own version of the blues mixed with a little jazz high notes. Just 4 of the 50 ended on the positive side the past week, led by Broadvision (NASDAQ:BVSN), a stock which has been […]