Steve Harmon

Internet stocks ride the market upswing posting slight gains today as ISDEX climbs 3% to 505.64. With the Federal Reserve’s Open Market Committee meeting Tuesday and Wednesday Wall Street may be sighing with some relief that the rate fest may be getting underway. More than any other driver the Fed’s influence on the market has […]

First e-mail up this week asks: “Steve, I’m an Italian investor and bought 1,000 shares of Lycos. What is your perspective?” Reply: Since you’re in Europe perhaps you’ve heard that Lycos (NASDAQ:LCOS) may be considering a public offering of Lycos Europe, a joint venture with German media giant Bertelsmann. And talk recently centered on perhaps […]

Friday softens Internet stocks as about 2/3rds of the 50 stocks in ISDEX drop, some of it on profit taking after a strong week runup. AOL (NYSE:AOL) is in talks to produce an AOL-branded box for Internet access. Box maker? MicroWorkz, who puts out a $200 or less PC running, get this, without Windows. AOL […]

Today’s snapshot: panorama for the year to date, just which Internet stocks are up, down or spinning all around in a market taking its cues from interest rate fears, Internet hypergrowth and merger mania? First, back in January when I mentioned Go2Net (NASDAQ:GNET) as a top pick for 1999 there were few signs it would […]

A wider market picture paints its way across Wall Street as earnings shortfall concerns and bond bondage emerges. While not quite medieval yet on Internet stocks the ISDEX drops 2.81% to 500.18. Among today’s moves: Mindspring (NASDAQ:MSPG) is the subject of the latest merger bait speculation in the ISP sector as MSPG shares climb 4.45% […]

Internet stock initial public offerings continue to fill Wall Street’s new issue pipeline even after the recent correction the entire sector took on interest rate fears. While I don’t think the IPO market is as hot as it was in first quarter this year the latest week shows a 11% climb. I attribute the factor […]

ISDEX and NASDAQ climb while the Dow drops on interest rate debate. Techs are stronger on deals and rumored deals while the broad market suffers from bond pressure. Verio (NASADQ:VRIO) passes the 250,000 milestone with its Web hosting. At 260,000 the ISP adds about 10,000 per month. VRIO shares gains 3% to $59 7/16 on […]

Two months ago here in Morning Report I outlined why CMGI (NASDAQ:CMGI) needed to acquire Lycos. The essence was that CMGI lacked a platform for distribution that put it at a disadvantage vs. Yahoo, Excite, Lycos and Infoseek. Enter CMGI perhaps buying AltaVista or Lycos. Of the two, my analysis says CMGI gets more bang […]

Internet stocks climb higher in early trading before profit taking shaves some of the gains in afternoon moves. The Dow and NASDAQ also fall slightly as the market inhales a dose of inflation fear again. The current ISDEX value is 505.22 with a change of-17.95(-3.43%). CMGI (NASDAQLCMGI) is rumored to be interested in acquiring all […]

When DejaNews, now called Deja.com, first ventured forth on a belly full of venture capital to leverage discussion lists it was 1995 and the idea seemed promising at the time. The Deja Vus they are a changin.’ Four score to today Deja has turned its traffic into a people’s choice of the Web, allowing users […]

They’re back, again. Internet stocks. The group pops on positive news surrounding deals and the newfound realization that interest rates may not be all the bogeyman it’s made up to be. We’re getting back to ISDEX levels not seen since late May. The current ISDEX value is 523.17 with a change of+29.30(+5.93%). AOL (NYSE:AOL) continues […]

First reader up writes: “Steve, what’s you opinion on drkoop.com(NASDAQ:KOOP)long term and short term?” Reply: I am not a fan of Web sites that seem to want to use someone’s name to boost their profile. However, dr.koop.com offers a fairly comprehensive site for users in spite of the gimmicky name game. Short term I see […]