Since early February’s flirt with 377, it’s been a rollercoaster for ISDEX as the 50 stock index digests the mergers at the top and wonders what driving forces could emerge to move Internet stocks once again.
On March 2 ISDEX closed at 304.66, up 19% from February 3 but up nearly 4% the past week.
Against that backdrop was the Dow Industrials chugging sideways and the NASDAQ taking a hit thanks to DELL (or no thanks).
ISDEX ® | 02-Mar-99 | % change | Point change | % change | |
The Internet Stock Index | close | from | from | from | |
www.isdex.com | 23-Feb-99 | 23-Feb-99 | 31-Dec-98 | ||
ISDEX | 304.66 | -1.4% | -4.46 | 6.3% | |
NASDAQ | 2,259.03 | -4.9% | -117.32 | 3.0% | |
DJIA | 9,297.61 | -2.6% | -246.81 | 1.3% | |
@Home Network | ATHM | $115.56 | 6% | $6.50 | 56% |
24/7 Media | TFSM | $25.69 | -3% | -$0.81 | -8% |
Amazon.Com | AMZN | $121.31 | 5% | $6.13 | 13% |
America Online | AOL | $86.69 | -1% | -$1.31 | 12% |
Axent | AXNT | $36.25 | -1% | -$0.38 | 19% |
Beyond.com | BYND | $26.13 | -2% | -$0.56 | 26% |
Broadcast.com | BCST | $90.00 | 15% | $11.50 | 135% |
Broadcom | BRCM | $57.44 | -10% | -$6.69 | -5% |
Broadvision | BVSN | $55.06 | 32% | $13.31 | 72% |
CDnow | CDNW | $16.00 | -6% | -$1.00 | -11% |
CheckPoint Software | CHKPF | $36.69 | -9% | -$3.69 | -20% |
Cisco | CSCO | $95.69 | -7% | -$7.25 | 3% |
CMG Info | CMGI | $141.00 | 20% | $23.50 | 165% |
CNET | CNET | $122.75 | -1% | -$1.25 | 138% |
Concentric | CNCX | $45.44 | 4% | $1.56 | 37% |
CyberCash | CYCH | $12.81 | -10% | -$1.38 | -15% |
Cyberian Outpost | COOL | $16.13 | 0% | -$0.06 | -41% |
Doubleclick | DCLK | $90.50 | -7% | -$6.94 | 103% |
E*TRADE | EGRP | $47.69 | 2% | $0.94 | 104% |
Earthlink Network | ELNK | $62.00 | -5% | -$3.00 | 9% |
eBay | EBAY | $117.06 | 24% | $22.85 | 46% |
Egghead.com | EGGS | $15.69 | -10% | -$1.75 | -25% |
Excite | XCIT | $108.56 | 6% | $6.19 | 158% |
Exodus | EXDS | $80.00 | -3% | -$2.88 | 25% |
GeoCities | GCTY | $97.38 | -1% | -$0.50 | 190% |
Go2Net | GNET | $62.13 | 16% | $8.63 | 251% |
Infoseek | SEEK | $67.31 | -6% | -$3.94 | 36% |
Inktomi | INKT | $61.75 | -6% | -$4.00 | -5% |
Infospace.com | INSP | $57.88 | 23% | $10.88 | 52% |
ISS Group | ISSX | $58.44 | -3% | -$1.56 | 6% |
Lycos | LCOS | $90.75 | -3% | -$3.25 | 63% |
Mindspring | MSPG | $85.88 | -7% | -$6.56 | 41% |
N2K | NTKI | $12.63 | -4% | -$0.50 | -3% |
Netscape | NSCP | $75.50 | -2% | -$1.88 | 24% |
Network Associates | NETA | $44.88 | -8% | -$4.13 | -32% |
Network Solutions | NSOL | $169.00 | 3% | $4.50 | 29% |
Onsale | ONSL | $34.06 | -1% | -$0.44 | -15% |
Open Market | OMKT | $12.63 | -5% | -$0.69 | 8% |
Preview Travel | PTVL | $21.31 | 6% | $1.19 | 16% |
PSINet | PSIX | $37.13 | 3% | $1.00 | 78% |
RealNetworks | RNWK | $83.13 | 19% | $13.50 | 132% |
Security Dynamics | SDTI | $16.88 | -12% | -$2.25 | -27% |
Security First Technologies | SONE | $70.13 | 23% | $13.13 | 130% |
Sportsline USA | SPLN | $50.50 | 18% | $7.75 | 224% |
USWeb | USWB | $37.00 | 5% | $1.88 | 40% |
Verio | VRIO | $31.00 | 11% | $3.00 | 39% |
Verisign | VRSN | $95.44 | -12% | -$13.06 | 61% |
VocalTec | VOCLF | $12.25 | 3% | $0.38 | 9% |
Xoom.com | XMCM | $52.88 | 5% | $2.38 | 60% |
Yahoo! | YHOO | $153.19 | 0% | $0.31 | 29% |
News behind the moves:
@Home (NASDAQ:ATHM) plans an Internet-via-TV service in the second quarter, causing ATHM shares to rise more than $7.25 to $109.125 per share. ATHM was one of our 1999 to watch and so far it’s been eye popping. ATHM up 7% today to $115 per share.
Note: As of March 1 we added 3 new stocks to ISDEX : Go2Net (NASDAQ:GNET), Infospace.com (NASDAQ:INSP) and Xoom.com (NASDAQ:XMCM).
Harmon’s Hotwatch ’99 – the 10 stocks to watch in the Internet
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