Steve Harmon

Lycos today announced the purchase of one million shares of stock in e-mail provider GlobeComm, Inc., in exchange for approximately 100,000 shares of Lycos Common Stock, valued at $4 million. Lycos currently uses GlobeComm unit iname’s e-mail addresses and services in providing their own customers with free e-mail. The new alliance allows Lycos-subsidiary Tripod to […]

User visits, values and viscidity all cross and compete in a follow the money trail expedition that many firms hope ends on Wall Street. Only when it does Mecklermedia’s WEBDEX highlights just how valuable those users are on the ‘Street. This week’s tally shows about $57 per pair of eyeballs.Come browse our stats: WEBDEX, What’s […]

ISDEX & Market Moves Snapshot   26-Mar-98 % change point change ISDEX 149.44 -0.01% -0.01 ISDEX Price Weighted Composite 1,489.09 -0.12% -1.84 NASDAQ 1,828.54 0.22% 4.03 DJIA 8,846.89 -0.29% -25.91 Lycos (NASDAQ:LCOS) swaps 100,000 shares of common stock valued at $4 million for one million shares of GlobeComm, which runs the iName email service. The […]

ISDEX & Market Moves Snapshot   25-Mar-98 % change point change ISDEX 149.45 2.70% 3.93 ISDEX Price Weighted Composite 1,490.94 2.89% 41.88 NASDAQ 1,824.51 1.79% 32.00 DJIA 8,872.80 0.64% 56.55 Broadvision (NASDAQ:BVSN) completes its 3 million share offering at $16.63 per share raising about $50 million through underwriters BancAmerica Robertson Stephens, Hambrecht & Quist LLC, […]

Forget that pink bunny that keeps going and going and going. ISDEX seems to have had its share of high-energy this past week as the leading pure play index of Internet stocks beat the Dow, NASDAQ, and S&P, no small rabbit and hat trick in a market ruled by blue chip bulls. Since the start […]

Investor enthusiasm for Internet stocks soared again today as ISDEX, Internet Stock Index, jumped more than 2.5% to 149.26. This representative stock index of 50 Internet-focused companies includes many of the top firms whose shares hover at or near all-time highs. Today’s resurgence in Internet stocks follows a torrid March which saw shares of security […]

It’s always the last mile that’s the hardest. With the Internet, that represents the bottleneck of the existing telephone networks that max out at 56.6 kbps on a good day, and the limited cable Internet wires that only reach small pockets of the U.S. and globe at a few megs per second. Don’t hold your […]

ISDEX & Market Moves Snapshot   24-Mar-98 % change point change ISDEX 149.23 2.55% 3.71 ISDEX Price Weighted Composite 1,489.94 2.82% 40.88 NASDAQ 1,812.44 1.11% 19.93 DJIA 8,904.44 1.00% 88.19 Network Associates (NASDAQ:NETA) agrees to acquire automated help desk and asset management firm Magic Solutions for $110 million cash. NETA plans on taking $90 million […]

SportsLine USA Inc. said it filed a registration statement with the Securities and Exchange Commission in connection with a public offering of four million shares of its common stock. The company said that 2,275,430 shares are being offered by SportsLine USA, and 1,724,570 shares are being offered by selling shareholders, according to Reuters. The offering […]

ISDEX & Market Moves Snapshot   20-Mar-98 % change point change ISDEX 146.21 -0.37% -0.55 ISDEX Price Weighted Composite 1,454.25 -0.81% -11.88 NASDAQ 1,789.16 -0.60% -10.82 DJIA 8,906.43 1.17% 103.38 Infoseek (NASDAQ:SEEK) goes German with a deal with Deutsche Telekom Online Service, Europe’s largest Internet access provider; Axel Springer Verlag, Germany’s largest consumer media company; […]

First reader up this week: “Bought Mindspring (NASDAQ:MSPG) at approximately $10.50 fifteen months ago and am still with it today at around $58.00. Would be interested to hear your opinion on this stock.” Reply: Customer service seems to have some value after all. That’s a theme we keep reiterating with Mindspring. Some think Mindspring and […]

ModaCAD Inc. announced net sales for the year ended December 31, 1997 increased 32% to $4.45 million from $3.37 million in 1996. The company also reported net income of $354,275 or 7 cents per share (6 cents per share fully diluted) on 4,800,918 weighted average shares outstanding vs. net income of $645,435 or 20 cents […]