RealNetworks Tops Gainers: The Hottest Internet Stocks, Still Climbing

It’s hard to tell if Wall Street’s latest infatuation with Internet stocks
has more to do with first date jitters or genuine affection. Ever since
Intel shocked the PC stock world with weaker than expected results,
institutional investors who bailed from silicon have found some solace in
“sizzle-thon,” and that means all roads lead to the Net.


But we suspect that a few of these big money players may be buying on
strength of brand and not weakness of value for some of the higher flyers
such as Amazon and Yahoo! It’s no wonder then that the top three in our
latest tally are RealNetworks (NASDAQ:RNWK), Network Solutions
(NASDAQ:NSOL), and Sportsline (NASDAQ:SPLN), each a leader or top two in
its category.


A lot of sideways movement, running to stand still for stocks like CyberCash
(NASDAQ:CYCH), Verisign (NASDAQ:VSGN), and Infoseek (NASDAQ:SEEK).


Somewhat surprisingly, CyberGuard (NASDAQ:CYBG) bottom feeds at near last
even as Internet security issues moved skyward, especially newbie ISS Group
(see ISR March 31).


CNET’s bottom rung position also offers cause for pause. In the end, we
think that with more than 450 employees the cash drain may be catching up
to the technology news innovator.


Hot & Not Internet Stocks












































































































































































































































































































































































































































































































ISDEX ®

 

31-Mar-98

% change

Point change

% change

Internet Stock Index

 

close

from

from

from

www.isdex.com

 

 

24-Mar-98

24-Mar-98

31-Dec-97

 

 

 

 

 

 

ISDEX Geometric Average

 

151.82

1.7%

2.59

52.0%

ISDEX Price Wtd. Composite

 

1,523.72

2.3%

33.78

46.3%

NASDAQ

 

1,835.68

1.3%

23.24

16.9%

DJIA

 

8,799.81

-1.2%

-104.63

11.3%

 

 

 

 

 

 

RealNetworks

RNWK

$29.00

29%

$6.56

109%

Network Solutions

NSOL

$37.13

27%

$8.00

183%

Sportsline USA

SPLN

$32.38

12%

$3.34

201%

Doubleclick

DCLK

$35.13

10%

$3.19

107%

Axent

AXNT

$30.50

10%

$2.72

77%

Open Market

OMKT

$20.63

9%

$1.66

114%

WavePhore

WAVO

$10.50

8%

$0.81

12%

PairGain

PAIR

$24.00

8%

$1.75

24%

Cylink

CYLK

$14.44

7%

$0.94

48%

Broadvision

BVSN

$17.88

7%

$1.13

175%

Yahoo!

YHOO

$92.44

6%

$5.63

33%

NewsEdge

NEWZ

$14.13

6%

$0.75

6%

Egghead.com

EGGS

$10.75

5%

$0.50

65%

Lycos

LCOS

$44.25

5%

$2.00

7%

Concentric

CNCX

$19.50

5%

$0.88

120%

Metricom

MCOM

$9.88

5%

$0.44

3%

Earthlink Network

ELNK

$56.44

5%

$2.44

119%

PSINet

PSIX

$11.13

4%

$0.44

117%

E*TRADE

EGRP

$24.94

4%

$0.88

8%

Intuit

INTU

$48.38

3%

$1.53

17%

CheckPoint Software

CHKPF

$45.69

3%

$1.31

12%

Excite

XCIT

$50.94

3%

$1.34

70%

Mecklermedia

MECK

$24.13

3%

$0.63

-3%

@Home Network

ATHM

$33.81

3%

$0.88

35%

Network Associates

NETA

$66.25

3%

$1.63

25%

N2K

NTKI

$29.88

2%

$0.50

104%

Amazon.Com

AMZN

$85.53

2%

$1.28

42%

IDT Corp

IDTC

$37.50

1%

$0.31

85%

Broadband Technologies

BBTK

$7.75

1%

$0.06

88%

America Online

AOL

$68.31

1%

$0.44

51%

CMG Info

CMGI

$57.94

1%

$0.31

92%

CyberCash

CYCH

$16.25

0%

$0.00

28%

VocalTec

VOCLF

$20.50

0%

$0.00

0%

Security Dynamics

SDTI

$41.13

0%

-$0.13

15%

Verisign

VRSN

$44.00

-1%

-$0.50

214%

USWeb

USWB

$22.13

-1%

-$0.28

136%

Spyglass

SPYG

$8.31

-1%

-$0.13

68%

Infoseek

SEEK

$18.06

-2%

-$0.44

68%

CheckFree

CKFR

$22.13

-3%

-$0.63

-18%

Onsale

ONSL

$31.00

-4%

-$1.25

72%

CDnow

CDNW

$24.00

-4%

-$0.97

50%

Mindspring

MSPG

$64.25

-4%

-$2.94

91%

Netscape

NSCP

$18.19

-5%

-$0.94

-25%

Secure Computing

SCUR

$13.38

-5%

-$0.75

13%

Security First Net Bank

SFNB

$8.63

-5%

-$0.50

19%

CKS Group

CKSG

$18.81

-7%

-$1.50

33%

Open Text

OTEXF

$18.13

-8%

-$1.50

36%

Versant Object Technologies

VSNT

$7.38

-8%

-$0.63

-47%

Cyberguard

CYBG

$9.50

-17%

-$1.94

69%

CNET

CNWK

$26.88

-18%

-$6.09

-9%

TOTAL

 

1,523.72

2%

33.16

46%

SIMPLE AVERAGE

 

30.47

2%

0.66

46%

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