ISDEX & Market Moves
Snapshot
19-Feb-98 |
% change |
point change |
|
ISDEX Geometric Average |
123.97 |
-0.37% |
-0.46 |
ISDEX Price Weighted Composite |
960.72 |
0.47% |
4.47 |
NASDAQ |
1,727.01 |
0.66% |
11.28 |
DJIA |
8,375.58 |
-0.89% |
-75.48 |
For the full year ended December 31, 1997, WorldCom posts revenues up 64% to $7.35 billion and $357.2 million net income, or $0.40 per share, vs. net income before non-recurring charges of $414.9 million, or $1.01 per share for 1996.
WorldCom highlights its Internet division (which is the formerly publicly-traded UUNET) at $102 million 4Q revenue, up 101%. Full-year Internet revenue reaches $566 million, up 124%. With MCI we think the Internet percentages here could take off beyond the impressive results so far.
Steve Harmon invites you to meet the movers & shakers of
venture capital live in Los Angeles at Spring Internet World’s Business Forum, Capital
Connections session, Thursday, March 12. Where deals,
dollars and decisions come together. click
here and SIGN UP NOW, space limited!