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 accounts to AOL while it keeps the network side. Former 80% CompuServe shareholder H&R Block (NYSE:HRB) now owns 3% of WCOM.
- Mecklermedia (NASDAQ:MECK), producer of this report, announces that the first issue of its new Internet World weekly was published today. The new Internet World was formerly known as Web Week.
- SportsLine USA (NASDAQ:SPLN) reports record revenue and site traffic for the fourth quarter ended December 31, 1997.
Quarterly revenue increases to $4.46 million from $1.26 million 4Q96 while net loss is $7.55 million or $.62 per share vs. net losses of $4.2 million, or $.49 per share 4Q96.
Reports Web site page views increase of 251%, averaging 2.83 million page views per day during the fourth quarter of 1997, compared to 0.81 million page views per
day 4Q96.