Internet Market Close Report for 1998.03.24

ISDEX & Market Moves
Snapshot


































 

24-Mar-98

% change

point change

ISDEX

149.23

2.55%

3.71

ISDEX Price Weighted Composite

1,489.94

2.82%

40.88

NASDAQ

1,812.44

1.11%

19.93

DJIA

8,904.44

1.00%

88.19

  • Network Associates (NASDAQ:NETA) agrees to acquire automated help desk and asset management firm Magic Solutions for $110 million cash. NETA plans on taking $90 million charge for the deal.

  • Delta Three and ITXC will share traffic between their IP telephony networks in a move that could signal a growing “cooperate to grow” industry. Until now IP telephony has been fairly fragmented. ITXC is backed by AT&T and VocalTec (NASDAQ:VOCLF) and run by a former AT&T Worldnet executive.

  • News Around the Web