Internet Market Close Report for 1998.05.27 | Internet News
IT Management
SHARE
Facebook X Pinterest WhatsApp

Internet Market Close Report for 1998.05.27

Written By
Steve Harmon
Steve Harmon
May 27, 1998
1 minute read
































 
27-May-98
point change
% change

ISDEX
135.68
-2.37
-1.72%

ISDEX Price Wtd.
1,450.47
39.20
2.78%

NASDAQ
1,781.10
3.01
0.17%

DJIA
8,936.57
-27.16
-0.30%

  • USWeb (NASDAQ:USWB) shares gain 20% to $20.625 per share today on news the turnkey Web presence firm and studio will provide NBC with Web services in a multi-million dollar agreement that includes NBC getting a warrant to acquire 3.8% of USWB. The exact dollar amount is undisclosed. The deal brings together USWeb’s 1,000 professionals in four countries with NBC’s leading TV properties that have a growing Web element. Essentially, USWeb is the studio and NBC brings its shows and creative control to the effort.

  • Network Solutions (NASDAQ:NSOL) teams up with Inc. Online to offer small businesses a simple way to establish Web sites and register them. We think there’s a long way to go in the small business realm, that most of the future Internet use in businesses could be in this space. More than 10 million businesses in the U.S. alone. Most of them not on the Net, yet.




    Internet stocks, venture capital, the money trail —


    Steve Harmon and top industry insiders
    give first-person and vigorous debate, with your Q&A, at


    Summer Internet World’s Capital
    Connections


    session. July 15 Chicago. SIGN UP NOW!

    •
    Steve Harmon
    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.

    facebook
    x

    Company

    Contact us Advertise with us

    Categories

    News Enterprise Small Business Reviews Podcasts Blog Research

    Property of TechnologyAdvice. © 2026 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.

    Terms of Service Privacy Policy California - Do Not Sell My Information