| Internet issues rebounded from a mid-day sell off Thursday. Helping the
rebound was linux play, VA Linux. The stock opened at $30 and finished up
733% to 250.
internet.com's Internet Stock Index finished up 22.49, or 2.82 percent, to
819.10, the Nasdaq Composite climbed 7.63 to 3593.71 and the Dow Jones
industrial average gained 66.67 to 11134.79.
(LNUX)
soared shortly after its debut, gaining 220 to 250. Shares were priced at
$30 late Wednesday, ahead of the initial range of $11 to $13.
Amazon.com Inc. (AMZN)
jumped 14-7/16 to 103. The online retailer was rated a "buy" by J.P.
Morgan's Thomas Wyman who initiated coverage Thursday. Wyman set a $160
price target.
Online sports retailer, Fogdog Inc. (FOGD)
added 2-1/8 to 13-1/8. The company offered 6 million shares at $11 each,
raising $66 million.
24/7 Media (TFSM), gained 6 to 58-1/8, Real Networks Inc.
(RNWK)
surged 6-1/6 to 158-7/8, CMGI Inc. (CMGI)
advanced 8-11/16 to 197-3/4, and Internet Capital Group (ICGE)
flew 28-3/16 higher to 241-1/2.
Will that IPO soar to the moon--or fizzle back to earth? - - Medical ::
glorious day for investors in the initial public offering of VA Linux Systems, That sort of roller-coaster ride isnt unusual for an initial public offering,
http://medicaleconomics.modernmedicine.com/memag/ModernMedard/Article/detail/121244HOME |
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 Shop@AOL Launches Interactive Products
 Amazon, VA Linux Stir Up Mixed Net Sector |
