Steve Harmon

ISDEX & Market Moves Snapshot   09-Jan-98 % change point change ISDEX Geo. Avg. 97.25 -4.46% -4.54 NASDAQ 1,503.22 -3.36% -52.32 DJIA 7,580.42 -2.85% -222.20 Sportsline USA (NASDAQ:SPLN) reports that fourth quarter page views increased 251% vs. the same quarter last year to an average 2.8 million per day. SPLN shares rallied on a tout […]

Guess what the number one item bought on AOL was in 1997? PC. Nope. Modem? Nah. CPU-jammed mega-geek gadget? Not quite. Would you believe clothes? The Internet will never be the same. This small news item flitted out of AOL’s PR machine last month and basically went unnoticed. It reported that “apparel” was the best-selling […]

When the five new stocks were selected for ISDEX (Internet Stock Index) we thought they’d show promise in many ways. USWeb (NASDAQ:USWB), N2K (NASDAQ:NTKI) and CBS.Sportsline USA (NASDAQ:SPLN) all posted better than 20% gains in just a week. The other two newbies, RealNetworks (NASDAQ:RNWK) and Concentric (NASDAQ:CNCX), are both pretty fair performers also in the […]

ISDEX & Market Moves Snapshot   08-Jan-98 % change point change ISDEX Geo. Avg. 101.79 0.26% 0.26 NASDAQ 1,555.54 -0.39% -6.16 DJIA 7,802.62 -1.26% -99.65 Excite (NASDAQ:XCIT) signs a deal with CyberMeals whereby the order online and get delivered to your door food service will pay Excite $15.5 million over four years. Excite also gets […]

Quadravision, Internet site developer for the North American financial sector, formed a partnership with Cambridge, MA-based Open Sesame to bring a new dimension of personalization to financial services firms. Open Sesame’s learning agent technology “Learn Sesame” uses patent-pending “post-neural” techniques to unobtrusively learn about the interests of customers. Learning agent technology is based on the […]

Netegrity reports it closed the first round of a $5 million private placement with Pequot Private Equity Fund. The Waltham, MA-based developer of Internet/intranet security management solutions states it invested $2.5 million of the fund today, and will make a second $2.5 million investment upon the next release of its SiteMinder security software product. “Receiving […]

ISDEX & Market Moves Snapshot   06-Jan-98 % change point change ISDEX Geo. Avg. 101.53 -0.08% -0.08 NASDAQ 1,561.70 -1.17% -18.44 DJIA 7,902.27 -0.05% -3.98 Yahoo (NASDAQ:YHOO) makes more quick moves in ’98 with a $1.35 million investment in $1.35 million into Internet-based broadcaster AudioNet. Like its other deals this one plugs AudioNet into Yahoo’s […]

As the new year gets its feet wet we polled some of our colleagues in the Internet space for their angle on what was notable in 1997. Here’s the first wave of responses, hot off the modem: “Rise of Business-To-Business ecommerce–blowing away expectations on all sides, going stratospheric into 1998.” –Marc Andreessen, co-founder, Netscape Communications […]

Venture capital firm Technology Funding started selling shares of its latest venture capital fund over the Internet at 12:01 a.m. Tuesday. Chairman and founder of Technology Funding, Charles R. Kokesh, reports the company will sell its $100 million Venture Capital Fund VI (VC-6) exclusively to investors over the Internet, targeting the small investor. “This is […]

Like Jack Nicholson we’re wondering if Netscape Communications has seen “as good as it gets” as in better days? With the software war with Microsoft clearly going against it, perhaps a new direction (or an old one ignored) may be in order. Emphasis on “Communications” could provide some much-needed energy into a Mozilla that hardly […]

ISDEX & Market Moves Snapshot   06-Jan-98 % change point change ISDEX 101.61 0.39% 0.39 NASDAQ 1,580.14 -0.88% -13.98 DJIA 7,906.25 -0.91% -72.74 CMG Info (NASDAQ:CMGI) boasts of the deal between two of its portfolio companies with Yahoo (NASDAQ:YHOO). Closely-held GeoCities, the free Web site presence provider inked a deal Jan. 5 with Yahoo to […]

Netscape shares fell nearly 20% to $18.75 each as the Web software firm warns that it expects to post fourth quarter losses of between $85 million to $89 million, or $0.88 to $0.92 per share. Before we slam this too much, however, $52 million was for nonrecurring merger-related charges, while an additional $35 million went […]