Steve Harmon

For all the huffing and puffing going on about Microsoft, one thing is certain–it’s not afraid of acquiring Internet pioneers. The latest dip in the perpetual deal pool has them snagging Firefly for what we estimate could be as high as $250 million to $300 million. Firefly’s software technology works in the background matching user […]

U.S. Markets Closed for Good Friday.

Yahoo! beat the Street and then some, at first glance. The Internet media firm posted $0.08 earnings per share for first quarter when analysts forecast $0.04. However, for those that look close enough, of the $4.285 million net income some $1.446 million was from investments, not operations. Yahoo! has more than $100 million cash on […]

Mecklermedia’s WebSite Value Index shows Yahoo! (NASDAQ:YHOO) once again topping the list of users and value per user. April 8 the Internet media firm posted $0.08 earnings per share for first quarter when Wall Street expected just $0.04. Without investment income, however, EPS would have been $0.05. First quarter earnings reached $4.28 million on $30.2 […]

Venture capital investment in Internet companies surged to a record $1.88 billion in 1997, according to a Price Waterhouse survey released today. The figure represents a 1300% increase from 1995’s $134 million spent in Internet-related funding. Total venture capital funding throughout all industries rose 34% overall in 1997 to $12.8 billion. The survey names the […]

Corona del Mar, CA-based Shopping.com (IBUY) announced the resumption of trading in its stock after a temporary 10-day trading suspension by the Securities and Exchange Commission. The restriction, which began March 24, was initiated “due to a lack of current and accurate information regarding the securities of Shopping.com related to market activity in the stock […]

ISDEX & Market Moves Snapshot   08-Apr-98 % change point change ISDEX 156.34 1.79% 2.75 ISDEX Price Weighted Composite 1,577.69 1.80% 27.94 NASDAQ 1,806.92 0.46% 8.21 DJIA 8,891.48 -0.73% -65.02 Lycos (NASDAQ:LCOS) keeps up the deal flow with a $5.5 million agreement with CDnow (NASDAQ:CDNW) to sell music via its joint venture Lycos Bertelsmann (GmbH&Co. […]

Internet stocks still posted gains the past week but Wall Street waits for earnings to see if the 18% dash since April or 50% sprint year to date was for the cup or simply a marathon to break a sweat. If earnings come in on or better than target, some of these could run yet […]

Deloitte Consulting, a division of Deloitte Touche Tohmatsu, today unveiled its revamped financial Web site, Peerscape.com. According to the company, the new site allows users to review analyses of 19,000 companies in 49 countries, access profile comparisons by company or industry, and measure industry composite or market indices against performance measures. “There is no such […]

While investors have seemingly done nothing but Think New Ideas (NASDAQ:THNK) of late, we wonder if they’ve done any real thought at all? Rival Web marketer CKS Group (NASDAQ:CKSG) trades at what looks like a substantial discount, THNK’s price-to-earnings of 123 vs. CKSG’s 33 basis by our estimates. In the furor of trying to find […]

ISDEX & Market Moves Snapshot   07-Apr-98 % change point change ISDEX 153.59 -3.16% -5.01 ISDEX Price Weighted Composite 1,549.75 -3.37% -53.97 NASDAQ 1,798.71 -1.66% -30.43 DJIA 8,956.50 -0.85% -76.73 E*TRADE (NASDAQ:EGRP) reports revenues second quarter ended March 31, 1998 jumps 66% to $53.3 million, but just 4% more than the previous quarter. 2Q net […]

First reader up this week asks: “How much do you think Yahoo! will fluctuate on the price within the next 3 months. Today it jumped $6 1/16 to close at 103 7/8? WOW!” Reply: Trying to predict how much Yahoo! (NASDAQ:YHOO) shares may fluctuate over the next three months is like trying to predict the […]