Internet Market Close Report for 1998.03.19

ISDEX & Market Moves
Snapshot


































 

19-Mar-98

% change

point change

ISDEX

146.76

-0.27%

-0.39

ISDEX Price Weighted Composite

1,466.13

-0.49%

-7.25

NASDAQ

1,799.98

0.65%

11.70

DJIA

8,803.05

0.32%

27.65

  • AOL (NYSE:AOL) will receive a minimum $21 million from Software.net to allow it to sell software on AOL and AOL.com. AOL also invests $2 million for a small piece of equity in the firm and will receive ad split revenue after a certain threshold. Software delivery is via download and shrink wrap.

  • SportsLine USA (NASDAQ:SPLN) files to sell 4 million shares of its common stock, 2.3 million from SportsLine and 1.7 million from shareholders. Underwriters: BancAmerica Robertson Stephens, NationsBanc Montgomery Securities, PaineWebber and Salomon Smith Barney. Sportsline cashes up for the Web sports content wars.

  • News Around the Web