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Internet Market Close Report for 1998.03.19

Steve Harmon
By Steve Harmon

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.

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