Internet Market Close Report for 1998.05.07

































 

07-May-98

% change

point change

ISDEX

158.47

-2.04%

-3.30

ISDEX Price Wtd.

1,643.75

-1.76%

-29.47

NASDAQ

1,835.14

-1.16%

-21.54

DJIA

8,976.68

-0.86%

-77.97

  • Market Guide (NASDAQ:MARG) reports fourth quarter ended February 28, 1998 revenues jump 60% to a record $2 million while net income is $112,862 or $0.02 per share vs. a loss per share of $0.01 for its 4Q97.

  • Mecklermedia (NASDAQ:MECK), The Internet Media Company and producer of this report, posts its second quarter ended March 31, 1998 revenue of $20.7 million vs. $20.5 million 2Q97. Net income is $5.1 million, or $0.61 per share, vs. $3.5 million, or $0.41 per share 2Q97.

  • PSINet (NASDAQ:PSIX) offers to exchange its 10% Senior Notes due 2005, Series B for its outstanding 10% Senior Notes due 2000, Series A.

  • News Around the Web