Steve Harmon

As retail investors and individuals manage more and more of their finances themselves, we think perhaps some of the investment decisions being made rely at least in part on the old-fashioned method: if you use it maybe it’s a fairly good product or service. And if you’re using it are others? If so, is it […]

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; […]

When we created WEBDEX, the Web User Value Index, at the first of the year it showed Wall Street valuing Web site users at about $115 per pair of eyeballs. The hot-off-the-modem latest reveals the most popular sites now hold an average user value of $58, up 5% from a week ago. The interesting twist […]

ISDEX & Market Moves Snapshot   19-Mar-98 % change point change ISDEX 146.76 -0.27% -0.39 ISDEX Price Weighted Composite 1,466.13 -0.49% -7.25 NASDAQ 1,799.98 0.65% 11.70 DJIA 8,803.05 0.32% 27.65 AOL (NYSE:AOL) will receive a minimum $21 million from Software.net to allow it to sell software on AOL and AOL.com. AOL also invests $2 million […]

ISDEX & Market Moves Snapshot   18-Mar-98 % change point change ISDEX 147.15 1.18% 1.72 ISDEX Price Weighted Composite 1,473.38 1.97% 28.50 NASDAQ 1,788.28 0.50% 8.98 DJIA 8,775.40 0.29% 25.41 CKS Group (NASDAQ:CKSG) posts $32.2 million revenue for its first quarter of fiscal 1998, up 32%. Net income falls 41% to $1.1 million, loss of […]

The recent run in Internet stocks appears to have either paused for second wind or to wheeze a few minutes after a phenomenal jump beginning in early March. ISDEX, Internet Stock Index, is down slightly while even the broad market shows signs of flatness. Our latest number crunching: Internet Stock Index Since March 10 ISDEX […]

ISDEX & Market Moves Snapshot   17-Mar-98 % change point change ISDEX 145.43 -2.00% -2.97 ISDEX Price Weighted Composite 1,444.88 -4.91% -74.59 NASDAQ 1,779.30 -0.50% -8.88 DJIA 8,749.99 0.36% 31.14 CyberCash (NASDAQ:CYCH) tries to move into a more diversified digital payment market as it agrees to merge with PC-based cash register firm ICVERIFY for $16 […]

Underhyped and loving it, that’s the Internet, the number one investment for venture capitalists in many cases. For the first time ever at our request famous accounting firm Price Waterhouse broke out its special abacus and tallied up the number of Internet dollars and deals for the past three years and presented the startling results […]

@Backup announced today it closed a $9 million second round of equity financing, which includes investments from American Express. Other companies investing in the online data backup service include Windward Ventures and Cendant Corporation. Original investors–Enterprise Partners, Alta Partners and Security Pacific–also contributed more funds during this second round of financing. “We recognize the interactive […]

First reader up this week: “Why not add Egghead if it is to be the ‘Amazon’ of software?” Reply: ISDEX was updated last week (see ISR, March 12) to include 17 new stocks while we dropped 2 that were no longer “Internet” enough to stay: Forefront (NASDAQ:FFGI), which focuses on IT training, and Trusted Information […]

ISDEX & Market Moves Snapshot   16-Mar-98 % change point change ISDEX 148.40 1.99% 2.90 ISDEX Price Weighted Composite 1,519.47 1.95% 29.13 NASDAQ 1,788.18 0.93% 16.52 DJIA 8,718.85 1.35% 116.33 Security stocks such as Secure Computing (NASDAQ:SCUR), Axent (NASDAQ:AXNT) and Verisign (NASDAQ:VSGN) ran on consolidation expectation, something we’ve been expecting for quite some time. Washington […]

Wall Street’s on-again, off-again love affair with Internet stocks seems to be more based on emotion than metrics–one reason why we created WebDex, which tracks market cap per user. The good news is that growth at each of the top Web firms continues while value per user falls somewhat, meaning that common sense is creeping […]