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Internet Market Close Report for 1998.08.24

Steve Harmon
By Steve Harmon

































 
24-Aug-98
point change
% change

ISDEX geo. average
125.56
-1.50
-1.18%

ISDEX composite
1,692.19
-16.13
-0.94%

NASDAQ
1,790.82
-6.79
-0.38%

DJIA
8,566.61
32.96
0.39%


  • Concentric Network (NASDAQ:CNCX) acquires Anawave, a Web hosting provider to small and medium-sized businesses that hosts more than 10,000 Web sites. The buy is Concentric’s third Web hosting one this year. Also a rival notable buy in the hosting space was Go2Net’s (NASDAQ:GNET) of Hypermart recently.

  • Mecklermedia (NASDAQ:MECK), producer of this report, acquires its 18th Web site, CyberAtlas.com, a leading source of Internet industry e-commerce, e-advertising, marketing and research analysis. Seller I/PRO began CyberAtlas in 1996. Its awards include PC Magazine’s top 100 in 1998.

  • Lycos (NASDAQ:LCOS) inks a $2.25 million alliance with iPrint to make it the exclusive print shop on Lycos and Tripod. Lycos takes aim at moving the $78 billion commercial printing space to its users. Web-based print shop services may emerge but it may take awhile–and Kinko’s won’t stand still here.







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