02-Jun-98 | point change | % change | |
ISDEX | 130.42 | -1.23 | -0.93% |
ISDEX Price Wtd. | 1,317.69 | -25.88 | -1.93% |
NASDAQ | 1,761.79 | 14.97 | 0.86% |
DJIA | 8,891.24 | -31.13 | -0.35% |
Footnote-We recall June 11, 1997 when Intuit paid Excite $40 million to “sponsor” its financial channel and how the market balked. Terms in the Intuit-xcite deal: Intuit paid $13.50 per share for 2.9 million XCIT shares, or about 20% of XCIT. XCIT closes at $56.625 today, already giving Intuit a healthy return on its investment.
Used to be Mozilla (Microsoft killer) was Netscape’s mascot. Now we suggest an alternative based on its lower profile-Yahooilla, as Netscape goes for the top slot against its former ally.
Its enterprise software also is far from dead, consider that the division revenue hit $96.1 million for the three months ending April 30, 1998, vs. $91.4 million for the three months ending December 31, 1997. Revenue from Web site Netscape Netcenter reached $31.1 million vs. $21.3 million during that same period.
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
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