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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