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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