ISDEX & Market Moves
Snapshot
13-Mar-98 |
% change |
point change |
|
ISDEX |
145.50 |
0.53% |
0.76 |
NASDAQ |
1,771.66 |
0.43% |
7.60 |
DJIA |
8,602.52 |
-0.66% |
-57.04 |
million for its second quarter ended January 31. That doesn’t include the
impact of deconsolidating its position in Lycos (NASDAQ:LCOS).
CMG bottom
line sunk to a net loss of $5.8 million, or ($0.58) basic earnings per
share vs. $0.28 EPS for the previous quarter ended October 31, 1997. CMG is
in a unique position in that it may raise earnings as easily as selling
stock in Lycos. For now. The private investments are still illiquid unless
private buyers emerge, although we think GeoCities (which CMG owns part of)
should make haste to the public markets while it’s the category leader in
communities. The window looks open, ISDEX is up more than 40% year to date.
liquidity. Warrants for 1.75 million common shares to raise about $35 million.
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!