ISDEX Gains Slight Past Week But YTD Up 78 Percent

ISDEX dropped 1.4% the past week but compare that against a year to date 79% run for ISDEX. This leading barometer of Internet stocks just added Prodigy (NASDAQ:PRGY) to replace the merged N2K, which joined CDnow (NASDAQ:CDNW) in a game of musical chairs. The duet will focus on music downloads. A little late to that party with MP3 ruling the Web.

24/7 (NASDAQ:TFSM) led ISDEX gainers with 65% pop since March 16 thanks to a deal it inked with NBC to create Web ads for NBC’s owned stations in major U.S. markets and up to 100 affiliates. NBC also buys a stake in TFSM, undisclosed.

Let’s go to the overall ISDEX numbers:




















































































































































































































































































































































































































































































ISDEX ®

 

23-Mar-99

% change

Point change

% change

The Internet Stock Index

 

close

from

from

from

www.isdex.com

 

 

16-Mar-99

16-Mar-99

31-Dec-98

 

 

 

 

 

or 1999 IPO

ISDEX

 

511.79

-1.4%

-7.07

78.5%

NASDAQ

 

2,322.84

-4.8%

-116.43

5.9%

DJIA

 

9,671.83

-2.6%

-258.64

5.3%

 

 

 

 

 

 

24/7 Media

TFSM

$46.25

65%

$18.25

65%

Egghead.com

EGGS

$20.25

29%

$4.50

-3%

Doubleclick

DCLK

$167.00

28%

$36.50

275%

Broadcast.com

BCST

$112.00

24%

$21.50

193%

@Home Network

ATHM

$138.00

15%

$18.50

86%

America Online

AOL

$121.00

15%

$16.06

56%

Excite

XCIT

$122.00

14%

$15.00

190%

Go2Net

GNET

$138.38

10%

$12.38

682%

Xoom.com

XMCM

$70.00

10%

$6.25

112%

Exodus

EXDS

$124.75

7%

$8.50

94%

Netscape

NSCP

$97.63

4%

$3.56

61%

Broadvision

BVSN

$62.88

3%

$1.88

96%

RealNetworks

RNWK

$118.00

3%

$3.00

229%

USWeb

USWB

$42.13

0%

$0.06

60%

Infospace.com

INSP

$77.00

0%

$0.00

102%

CDnow

CDNW

$17.63

-1%

-$0.19

-2%

E*TRADE

EGRP

$56.25

-1%

-$0.63

140%

Security Dynamics

SDTI

$16.25

-2%

-$0.25

-29%

Infoseek

SEEK

$79.00

-2%

-$1.88

60%

CNET

CNET

$94.50

-3%

-$2.44

267%

Prodigy

PRGY

$37.13

-4%

-$1.38

148%

Concentric

CNCX

$56.56

-4%

-$2.13

70%

Open Market

OMKT

$13.00

-4%

-$0.56

11%

VocalTec

VOCLF

$10.69

-5%

-$0.56

-5%

Cisco

CSCO

$100.31

-5%

-$5.69

8%

PSINet

PSIX

$38.38

-6%

-$2.38

84%

Beyond.com

BYND

$22.81

-6%

-$1.56

10%

Verio

VRIO

$45.50

-7%

-$3.19

103%

ISS Group

ISSX

$78.13

-7%

-$6.00

42%

Verisign

VRSN

$115.50

-7%

-$9.00

95%

eBay

EBAY

$146.38

-7%

-$11.44

82%

Inktomi

INKT

$70.00

-7%

-$5.50

8%

Broadcom

BRCM

$58.75

-7%

-$4.63

-3%

CyberCash

CYCH

$14.69

-8%

-$1.31

-2%

CMG Info

CMGI

$164.00

-9%

-$16.75

208%

Axent

AXNT

$30.44

-9%

-$3.19

0%

Mindspring

MSPG

$89.00

-10%

-$9.44

46%

Amazon.Com

AMZN

$119.38

-11%

-$14.44

11%

Cyberian Outpost

COOL

$19.06

-11%

-$2.31

-31%

Yahoo!

YHOO

$155.50

-11%

-$19.38

31%

Network Solutions

NSOL

$231.56

-12%

-$30.44

77%

GeoCities

GCTY

$99.00

-12%

-$13.38

194%

Onsale

ONSL

$34.50

-12%

-$4.88

-14%

Earthlink Network

ELNK

$63.88

-13%

-$9.41

12%

Security First Technologies

SONE

$59.63

-13%

-$8.88

95%

CheckPoint Software

CHKPF

$37.13

-14%

-$5.94

-19%

Sportsline USA

SPLN

$47.00

-16%

-$9.00

202%

Lycos

LCOS

$86.50

-18%

-$19.00

56%

Preview Travel

PTVL

$17.50

-23%

-$5.13

-5%

Network Associates

NETA

$29.69

-30%

-$12.50

-55%

News behind the moves:

  • 99.03.23 – CNET (NASDAQ:CNET) acquires KillerAp, a shopping search engine, for $46.6 million stock. The buy adds to CNET’s previous acquisitions aimed at beefing up its commerce services including an auction and shopping site.
  • 99.03.22 – Broadcast.com (NASDAQ:BCST) stock soars 37% to $116.50 per share as rumors that Yahoo (NASDAQ:YHOO) may acquire the multimedia portal surface. I think a deal with wither Yahoo or another large first-generation portal looks like a natural fit. One reason I put BCST on my watch list in March.
  • 99.03.22 – audiohighway.com (NASDAQ:AHWY) inks a deal with Microsoft to provide audio content links to Microsoft’s new Web events area, sending AHWY shares up 17% to $12.75 per share on the news.
  • 99.03.19 – Sportsline (NASDAQ:SPLN) looks like it’s cashing up for battles ahead with a $150 million worth of 5% convertible subordinated notes due April 1, 2006. The notes convert to SPLN common at $65.125.
  • 99.03.18 – CMGI (NASDAQ:CMGI) announces a 2-for-1 stock split with holders of record May 13, 1999 getting another share. CMGI shares outstanding pro forma will be 93.4 million.

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