SHARE
Facebook X Pinterest WhatsApp

Internet Market Close Report for 1998.03.26

Written By
thumbnail
Steve Harmon
Steve Harmon
Mar 26, 1998

ISDEX & Market Moves
Snapshot


































 

26-Mar-98

% change

point change

ISDEX

149.44

-0.01%

-0.01

ISDEX Price Weighted Composite

1,489.09

-0.12%

-1.84

NASDAQ

1,828.54

0.22%

4.03

DJIA

8,846.89

-0.29%

-25.91

  • Lycos (NASDAQ:LCOS) swaps 100,000 shares of common stock valued at $4 million for one million shares of GlobeComm, which runs the iName email service. The move echoes the trend among search and navigation sites to become more of a destination rather than passthrough to the Web.

  • CDnow (NASDAQ:CDNW) tops the music e-tail sites according to February data from Media Metrix with its 2.4% percent reach of home Internet users.

  • Security Dynamics (NASDAQ:SDTI), a leading provider of enterprise security solutions agrees to acquire Intrusion Detection Inc. for 784,000 shares of SDTI in exchange for all of the outstanding shares of Intrusion Detection Inc. Deal value is approximately $32.5 million and will be accounted for as a pooling of interests.
  • Recommended for you...

    U.S. Needs to Protect Tech Leadership: Qualcomm
    Rob Enderle
    Apr 8, 2022
    HP’s ExtendXR Service Gets an Early Lead on a Looming Metaverse Problem
    Rob Enderle
    Mar 5, 2022
    Cisco’s Purpose Is to Improve the World. Imagine if Others Followed.
    Rob Enderle
    Dec 17, 2021
    HP Builds an Advanced Cloud Workstation for the Metaverse
    Rob Enderle
    Nov 13, 2021
    Internet News Logo

    InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.

    Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

    Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.