Steve Harmon

While the browser war subsides into Gatezilla vs. Mozilla, and the network computer goes the way of video pong, here comes resurrected software maker Spyglass (NASDAQ:SPYG) into the “Web devices” market, one that many believed was a myth or a passing in its own right. Recall that Spyglass was once the Netscape foe and the […]

19-Aug-98 point change % change ISDEX geo. average 132.25 -1.96 -1.46% ISDEX composite 1,486.09 -20.13 -1.34% NASDAQ 1,842.69 -12.43 -0.67% DJIA 8,693.28 -21.37 -0.25% Lycos (NASDAQ:LCOS) posts $19 million revenue for its fiscal fourth quarter, up 145% vs. 4Q97. Loss before charges narrower than expected at $0.09 loss per share vs. First Call analyst […]

QuikBIZ Internet Group Inc. said it recorded sales of $560,028 for the second quarter of 1998, against no revenue during the same period for 1997. Sales for the six-month period ending June 30 equaled $840,724, against zero revenues for the same period 1997. The company reported a profit of $10,074 for the period. QuikBIZ Internet […]

While revenues were up for Netscape in its third-quarter report, its net income shows that the company barely broke even. The firm announced earnings of $150.2 million for the three months ending July 31, 1998, an 18% increase over revenues posted during the quarter ended April 30, 1998. The company reported its net income for […]

‘Doppler valuation’ seems to be in full effect, and Wall Street says a correction for Internet stocks is coming but the truth is it’s already here and has been wallowing in self pity for over a month now. In July when values flirted with all-time highs like Bill Clinton at a intern welcome party, we […]

18-Aug-98 point change % change ISDEX 134.21 4.01 3.08% NASDAQ 1,855.12 37.08 2.04% DJIA 8,714.65 139.80 1.63% Netscape (NASDAQ:NSCP) reports $88,000 net income for its fiscal third quarter ending July 31 when a $0.02 loss was expected (First Call). Revenue jumps 18% to $150.2 million vs. second quarter. Netscape’s Web site Netcenter revenues climb […]

First reader up this week asks: “Will you be reviewing CitySearch and Digital Cities in the same way you have with the ad networks? Of particular interest is CitySearch since its IPO is anticipated shortly. I am very interested in their local advertising revenue model.” Reply: By now you saw the news on August 13 […]

17-Aug-98 point change % change ISDEX 130.20 0.45 0.35% NASDAQ 1,818.04 27.85 1.56% DJIA 8,574.85 149.85 1.78% Spyglass (NASDAQ:SPYG) inks its largest deal yet for Web device browsers with Motorola which plans on using Spyglass’ browser and server software to support its products. SPYG shares gain on 13.92% to $14.25 per share on the […]

Online advertising firm 24/7 Media, Inc. will enter what’s been an unsettled stock market this week with an initial public offering of its common stock today. The company said it plans to sell 3,250,000 shares at $14 per share. The managing underwriting group is led by Merrill Lynch & Co., while J.P. Morgan & Co. […]

NetBuy, an e-commerce purchasing service for electronic components, said that it concluded a second round of venture financing totaling $4.1 million, bringing total venture capital investment to over $7 million. Venture capital firms participating in the second round of financing include first-round investors The Sprout Group, a venture capital affiliate of Donaldson, Lufkin & Jenrette; […]

iMALL Inc. posted revenues of $3.39 million, compared to $5.11 million in the same period a year ago. The net loss for the quarter was $2.55 million or $0.39 per share, compared to a net loss of $609,797, or $0.08 per share, a year ago. The results, however, were apparently expected as the company changes […]

Internet services provider Verio Inc. this week announced its second quarter 1998 results, posting a 34% revenue gain over 1998 first quarter results. The company said second quarter revenues were $28.5 million, an increase of $20.3 million from the $8.2 million reported in the second quarter of 1997. Revenues in the second quarter increased 34% […]