Steve Harmon

ISDEX & Market Moves Snapshot   02-Feb-98 % change point change ISDEX Geometric Average 110.46 3.38% 3.61 ISDEX Price Weighted Composite 886.13 4.05% 34.50 NASDAQ 1,652.89 2.07% 33.53 DJIA 8,107.78 2.55% 201.28 CompuServe is now part of WorldCom (NASDAQ:WCOM) and AOL (NYSE:AOL) as the $1.3 billion deal finally goes through. WorldCom spun off CompuServe’s consumer […]

Dear Steve: People forget that AOL’s more than a decade old now, went public at about a split-adjusted $1 a share when browser wunderkind Marc Andreessen was still in high school, fended off an unwelcome takeover attempt from Microsoft co-founder and gazillionaire Paul Allen. AOL also came on the scene long after CompuServe and Prodigy […]

ISDEX & Market Moves Snapshot   30-Jan-98 % change point change ISDEX Geometric Average 106.85 -1.83% -1.99 ISDEX Price Weighted Composite 851.63 -0.74% -6.37 NASDAQ 1,619.36 -0.01% -0.13 DJIA 7,906.50 -0.83% -66.52 Netscape (NASDAQ:NSCP) reports that a study by Media Metrix shows that Netscape’s ‘Netcenter’ was the most popular site visited by business Internet users. […]

RealNetworks, Inc. reported today it earned $10.3 million in revenue for the fourth quarter ended December 31, 1997, reflecting an increase of 80% from $5.7 million the same quarter 1996. The Company’s net loss for the fourth quarter was $2.6 million or ($0.09) per share on 30.6 million shares outstanding, compared to a net loss […]

Concentric Network Corp. (Nasdaq: CNCX), provider of network computing technologies and services, reported it earned $13.7 million in revenue fourth quarter 1997, an 84% increase compared to results posted the same period last year. The company reported revenue of $7.4 million for the fourth quarter of 1996. Of its total revenue for 4Q 1997, 32% […]

ISDEX & Market Moves Snapshot   29-Jan-98 % change point change ISDEX Average 108.84 0.48% 0.51 ISDEX Composite 858.00 0.62% 5.31 NASDAQ 1,619.49 0.54% 8.67 DJIA 7,973.02 0.73% 57.55 AOL (NYSE:AOL) plans to sell majority equity in a new entity that rolls its AOL France and (pending) CompuServe France into a larger online service with […]

Somewhere where the rubber meets the road (or the chicken crossing it) the Internet changes everything in the buying and selling of stocks. Wall Street is now on your PC thanks to the Web. While the reach and power of the medium has yet to be unleashed on a public at large, the tens of […]

Nashua, NH-based Internet Commerce Services Corp. (ICOMS), a provider of Internet commerce transaction services, said it closed first-round equity financing of $2.3 million from Corning Capital, Inter-Pacific Fund, Welsh and Forbes, and private investors. The funds will support the company’s business model of providing the MerchantTrax electronic commerce service to retail and business-to-business merchants selling […]

If you happen to see someone by the nickname “Slick Willie” chatting on AOL’s romance connection, then perhaps President Clinton’s State of The Union Address may make sense. Caught up in a web of rumors it was Clinton’s endorsement of the “Internet” in every home (as opposed to a chicken in every pot) that caught […]

ISDEX & Market Moves Snapshot   28-Jan-98 % change point change ISDEX Average 107.53 3.09% 3.22 NASDAQ 1,610.82 2.02% 0.92 DJIA 7,915.47 1.28% 0.39 WorldCom (NASDAQ:WCOM) files $5 billion debt registration. In case anyone forgot this is the firm in the process of acquiring MCI for more than $37 billion. Once merged it will control […]

ISDEX & Market Moves Snapshot   19-Dec-97 % change point change ISDEX 93.10 0.83% 0.77 NASDAQ 1,524.74 0.10% 1.55 DJIA 7,756.29 -1.15% -90.21 Microsoft (NASDAQ:MSFT) must make a case for why its Explorer browser being bundled with its operating system is not a violation of antitrust. Reuters reports today that a federal judge was shown […]

If Amazon.com had gone into music rather than books (as it originally had considered), it just might have ended up like CDNow, which plans to take its tune to Wall Street with an initial public offering that may come as soon as next month. While CDNow (proposed ticker symbol:CDNW) isn’t the first to ply the […]