Internet Market Close Report for 1998.01.28

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 more than 50% of current Internet backbone traffic. But high-speed networks may be on the horizon. Cable coaxial. Will acquisitive WorldCom be overleveraged if new wires are needed?

  • News Around the Web