Steve Harmon

  30-Sep-98 point change % change ISDEX 106.43 -2.30 -2.11% NASDAQ 1,693.84 -40.21 -2.32% DJIA 7,842.62 -237.90 -2.92% Moves and news: Amazon.com (NASDAQ:AMZN) Website was offline from midnight to noon today as a scheduled maintenance ran over time by some four hours. Similarly, Yahoo (NASDAQ:YHOO) mail service was down last night. Both occurrences highlight the […]

  29-Sep-98 % change point change ISDEX 108.73 -1.96% -2.18 NASDAQ 1,734.05 -0.30% -5.17 DJIA 8,080.52 -0.35% -28.32 Netscape (NASDAQ:NSCP) browser shares falls from 51% to 42% the first six months of this year, according to a study by IDC. Largest rival Microsoft (NASDAQ:MSFT) Internet Explorer holds 44% effective marketshare (including AOL usage). On its […]

Here’s the Cliff Notes version on barnesandnoble.com’s planned IPO: see Amazon go, see Amazon play, see Amazon run. Be like Amazon. But can barnesandnoble.com write its way into the record books as its stronger Web-based rival has? Wall Street has never valued an imitator as much as an innovator. That’s not stopping Barnes’ Web division, […]

  28-Sep-98 point change % change ISDEX 110.88 0.44 0.40% NASDAQ 1,739.22 23.25 -0.25% DJIA 8,108.84 80.07 1.00% Moves and news: RealNetworks (NASDAQ:RNWK) signs a deal with AOL (NYSE:AOL) to bundle its streaming media player on AOL 4.0, the new software upgrade for AOL users. At about 14 million global users the deal could prove […]

First reader up this week writes: “I would like your opinion on various search engines (YHOO, LCOS and XCIT) and AMZN. Seems like the momentum play has started in these, and these stocks may be up for a huge jump pretty soon. Do you have list of stocks you recommend in Internet space. Where can […]

Responding to a Reuters story yesterday which said the Securities and Exchange Commission named Shopping.com in an investigation of investment fraud, Shopping.com, Inc.’s chairman today refuted the story’s implications. “[The Reuters story] inaccurately portrays Shopping.com as the target of a Securities and Exchange Commission investigation,” said Frank Denny, chairman of Shopping.com. “The story was erroneously […]

Prodigy Communications Corp. today announced that it filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. The company said the offering size and the estimated price range have not yet been determined. The timing of the offering is subject to market conditions and other factors and […]

The popular concept is that Internet IPOs are dead not on, but before arrival, and that ebay (NASDAQ:EBAY), which jumped nearly 200% yesterday in its debut, was a one-off shooting star in the dark void of new issues. Obviously, those who believe that haven’t done their homework. The stats tell the real story–Internet.com’s IPO Index, […]

  25-Sep-98 point change % change ISDEX 110.44 0.46 0.42% NASDAQ 1,743.59 23.25 1.35% DJIA 8,028.77 26.78 0.33% Moves and news: PSINet (NASDAQ:PSIX) gets a “buy” rating from BancBoston Robertson Stephens with a 12-month price target of $25. BBRS sees positive EBITDA by mid 1999 and mentions PSIX in the same breath as former indy […]

The Securities and Exchange Commission filed charges against 41 defendants alleging they were involved with fraudulent schemes that cheated investors out of more than $25 million. Among those charged with fraud include Waldron & Co., a California-based brokerage firm that underwrote Internet shopping site Shopping.com. The lawsuit states that the brokerage firm and its former […]

eBay slates to debut today at $18 per share. If so, that values the “personal auction” firm at more than $900 million fully diluted IPO market capitalization or about 30x annualized sales according to our analysis. The one thing attractive about ebay is its model–e-commerce. That means most of the action on the site centers […]

Sex, lies and videotape–nothing like a triple feature to whet Wall Street’s interest in Internet stocks again as ISDEX gained 12% the past week, outpacing the flat Dow and NASDAQ. President Clinton and a few hours of video and a 400-page investigation by Ken Starr posted Web-wide had the indirect benefit of placing the Internet […]