Steve Harmon

Gone in mostly everything but name, Prodigy wants to capture some of the interest in consumer ISPs with its own dialing-for-dollars attempt on Wall Street with an IPO. The challenge, as we see it, is convincing investors that Prodigy still means anything as just an access provider. The math behind the moves: Both Earthlink (NASDAQ:ELNK) […]

  06-Oct-98 % change point change ISDEX 94.52 -2.34% -2.26 NASDAQ 1,510.83 -1.68% -25.86 DJIA 7,750.70 0.32% 24.46 Lycos (NASDAQ:LCOS) agrees to acquire Wired Digital, better known as “HotWired” and “HotBot” to users. Terms: $83 million stock. At this point Lycos’ aggressive buying spree of late could put the firm ahead in traffic but behind […]

Security and e-commerce company CyberGuard Corp. on Monday sold its Arca Systems professional services unit to Exodus Communications Inc. for $3.4 million in cash. CyberGuard said it also received unspecified compensation it paid to former Arca shareholders when it originally purchased Arca. CyberGuard officials said the deal will allow it to strengthen its cash position […]

Any investor who wants to peer into the Internet as an opportunity should understand the moving and shaking at Fall Internet World. No one place, one time, one moment gathers the best and brightest of the Internet like Mecklermedia’s (NASDAQ:MECK) trade show and conference, the world’s largest, which opens today in New York City’s Javits […]

  05-Oct-98 % change point change ISDEX 94.27 -5.31% -5.29 NASDAQ 1,536.69 -4.85% -78.29 DJIA 7,726.24 -0.35% -58.45 Netscape (NASDAQ:NSCP) Netcenter reports its registrations rise 112% since June, with 850,000 new members registering in September. Page views also on the up at 46% although actual numbers aren’t revealed. Netcenter may be quite a story, with […]

Internet retailer Cyberian Outpost today reported that its revenue increased 47% from the previous quarter to $17 million for the second quarter ended August 31, 1998. Outpost, which launched its IPO in July, reported a diluted net loss of $0.29 per share, compared with a net loss of $0.10 per share for the same time […]

Healtheon priced its IPO range between $6 and $8 per share as the market itself seems to be undergoing its own erratic heartbeat, sweaty palms and clammy foreheads, all being banged against Wall Street’s public issue pipeline. Our analysis estimates that fully-diluted shares outstanding Healtheon may be seeking a $565 million initial public market capitalization […]

Today go2net, Inc. (Nasdaq: GNET), a network of technology- and community-driven Web sites announced it gained approval from the National Association of Securities Dealers so that its common stock can be traded on the Nasdaq National Market System, effective today. Since the company’s IPO in April, 1997, go2net said it has been publicly traded on […]

What do you get when you combine irrational exuburance with thumb-twitching Web-based trading cowboys? Third quarter for Internet stocks, more wild than Bill Gates at a Spice Girls concert. As the hammer slammed, modems whirred, the last trades of a volatile third quarter for stocks in general closed September 30, and left ISDEX down 33% […]

  01-Oct-98 point change % change ISDEX 98.39 -8.04 -7.55% NASDAQ 1,612.33 -81.51 -4.81% DJIA 7,632.53 -210.09 -2.68% Moves and news: PSINet (NASDAQ:PSIX) agrees to acquire Japanese ISP Tokyo Internet for undisclosed terms. PSINet reports the buy would add about $35 million in annual revenue to PSIX. PSINet also closed on its acquisition of Korean […]

Enterprise solutions provider Vignette Corp. filed Tuesday with the Securities and Exchange Commission for an initial public offering of $30 million in common stock. The company applied to trade on Nasdaq under the symbol, “VIGN,” but did not disclose the amount of shares it plans to offer nor their initial public offering price. Vignette said […]

The broad market sneezed in August and Internet stocks caught a cold. But our top 10 Internet stocks to watch in 1998 are still up 127% since the year began. ISP and AOL heckler Earthlink (NASDAQ:ELNK) topped the list this time around, up a phenomenal 234% since December 31. Top 10 Watch List 1998 Share […]