ISDEX Rises On Investor Enthusiam, Deals | Internet News

ISDEX Rises On Investor Enthusiam, Deals

Written By
Steve Harmon
Steve Harmon
Mar 26, 1999
1 minute read

Investors flock back into Internet stocks, sending ISDEX up 5% while the broader market also rises to the occasion. OneMain (NASDAQ:ONEM) sells 8.5 million shares at $22, opens at $38, hits $46.75 high and closes at $39.5625. The rural ISP serves 273,000 subscribers. Today’s snapshot:



























 

3/25/99

% change

point change

ISDEX

539.89

5.7%

29.28

NASDAQ

2,434.89

2.9%

69.61

DJIA

9,836.39

1.8%

169.55
  • eBay (NASDAQ:EBAY) inks a deal with AOL to expand its personal auctions on the online service. The deal sends EBAY shares up 9% to $159.375. eBay will pay AOL $75 million for a four-year agreement. AOL also gets promotion on eBay as its preferred online service.
  • Inktomi (NASDAQ:INKT) inks deals with 8 new customers for its wholesale search services. BellSouth, chello broadband n.v., ComBus, Global DataTel, GoProfit, StarMedia Network, ThundaTech, and 4anything.com. Inktomi serves 25 sites.
  • 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.

    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.