Adjusted for stock splits the ISDEX was up 68.5% this year to March 9 as investors discovered a basktetful of goodies in the leading Internet stock index. Notably, four of the top 10 so far were ones I picked January 6 as ones to watch. Of all ISDEX component stocks and picks, Go2Net (NASDAQ:GNET) led the pack with 380% gains.
Close on its heels was CNET (NASDAQ:CNET) which has made moves to try and be the geek’s portal, leveraging its technocentric self into something bigger and better. It helps that CNET holds a few points in Vignette (NASDAQ:VIGN), BuyDirect (acquired by Beyond.com) and SNAP!, the NBC-buy in guide in the making. Regrettably I didn;t pick CNET for ’99.
Third on the year to date is CMGI (NASDAQ:CMGI), which was the #1 pick I made for 1999.
Let’s take a look at the tally by company since December 31, 1998 (ISDEX adjusted for splits since then):
ISDEX ® |
09-Mar-99 |
% change |
Point change |
% change |
|
The Internet Stock Index |
close |
from |
from |
from |
|
www.isdex.com |
02-Mar-99 |
02-Mar-99 |
31-Dec-98 |
||
ISDEX |
483.15 |
11.2% |
48.47 |
68.5% |
|
NASDAQ |
2,392.94 |
5.9% |
133.91 |
9.1% |
|
DJIA |
9,693.73 |
4.3% |
396.12 |
5.6% |
|
Go2Net |
GNET |
$84.88 |
37% |
$22.75 |
380% |
CNET |
CNET |
$111.19 |
81% |
$49.81 |
332% |
CMG Info |
CMGI |
$194.44 |
38% |
$53.44 |
265% |
Sportsline USA |
SPLN |
$50.38 |
0% |
-$0.13 |
224% |
GeoCities |
GCTY |
$108.38 |
11% |
$11.00 |
222% |
Excite |
XCIT |
$113.25 |
4% |
$4.69 |
169% |
RealNetworks |
RNWK |
$92.13 |
11% |
$9.00 |
157% |
Doubleclick |
DCLK |
$109.25 |
21% |
$18.75 |
146% |
Broadcast.com |
BCST |
$90.00 |
0% |
$0.00 |
135% |
Security First Technologies |
SONE |
$67.25 |
-4% |
-$2.88 |
120% |
E*TRADE |
EGRP |
$49.56 |
4% |
$1.88 |
112% |
Verisign |
VRSN |
$123.81 |
30% | $28.38 |
109% |
eBay |
EBAY |
$166.25 |
42% |
$49.19 |
107% |
Xoom.com |
XMCM |
$60.25 |
14% |
$7.38 |
83% |
Concentric |
CNCX |
$60.00 |
32% |
$14.56 |
80% |
Lycos |
LCOS |
$96.25 |
6% |
$5.50 |
73% |
Infospace.com |
INSP |
$64.50 |
11% |
$6.63 |
69% |
PSINet |
PSIX |
$35.13 |
-5% |
-$2.00 |
68% |
@Home Network |
ATHM |
$122.50 |
6% |
$6.94 |
65% |
Verio |
VRIO |
$36.56 |
18% |
$5.56 |
63% |
Broadvision |
BVSN |
$52.00 |
-6% |
-$3.06 |
63% |
Network Solutions |
NSOL |
$204.94 |
21% |
$35.94 |
57% |
Infoseek |
SEEK |
$75.31 |
12% |
$8.00 |
53% |
Exodus |
EXDS |
$98.00 |
23% |
$18.00 |
53% |
Mindspring |
MSPG |
$91.63 |
7% |
$5.75 |
50% |
USWeb |
USWB |
$38.69 |
5% |
$1.69 |
47% |
Yahoo! |
YHOO |
$167.31 |
9% |
$14.13 |
41% |
ISS Group |
ISSX |
$76.75 |
31% |
$18.31 |
40% |
Netscape |
NSCP |
$79.50 |
5% |
$4.00 |
31% |
Preview Travel |
PTVL |
$23.00 |
8% |
$1.69 |
25% |
Amazon.Com |
AMZN |
$129.94 |
7% |
$8.63 |
21% |
America Online |
AOL |
$90.13 |
4% |
$3.44 |
16% |
Earthlink Network |
ELNK |
$65.25 |
5% |
$3.25 |
14% |
Inktomi |
INKT |
$73.88 |
20% |
$12.13 |
14% |
Axent |
AXNT |
$34.88 |
-4% |
-$1.38 |
14% |
Cisco |
CSCO |
$105.31 |
10% |
$9.63 |
13% |
Beyond.com |
BYND |
$23.50 |
-10% |
-$2.63 |
13% |
Open Market |
OMKT |
$12.13 |
-4% |
-$0.50 |
4% |
Broadcom |
BRCM |
$62.00 |
8% |
$4.56 |
3% |
Onsale |
ONSL |
$40.00 |
17% |
$5.94 |
0% |
N2K |
NTKI |
$13.00 |
3% |
$0.38 |
0% |
VocalTec |
VOCLF |
$11.06 | -10% |
-$1.19 |
-2% |
24/7 Media |
TFSM |
$27.38 |
7% |
$1.69 |
-2% |
CheckPoint Software |
CHKPF |
$41.13 |
12% |
$4.44 |
-10% |
CDnow |
CDNW |
$16.00 |
0% |
$0.00 |
-11% |
CyberCash |
CYCH |
$12.06 |
-6% |
-$0.75 |
-20% |
Security Dynamics |
SDTI |
$17.81 |
6% |
$0.94 |
-23% |
Network Associates |
NETA |
$48.19 |
7% |
$3.31 |
-27% |
Egghead.com |
EGGS |
$15.00 |
-4% |
-$0.69 |
-28% |
Cyberian Outpost |
COOL |
$18.69 |
16% |
$2.56 |
-32% |
Some news behind the moves, the play-by-play:
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