After a brief sprint out the gate as trading began, ISDEX lost its legs as
the overall market got weak knees. ISDEX closes at 299.51, off 3%. Today's
snapshot:
|
|
24-Feb-99 |
point change |
SEC Info - Guinness Atkinson Funds - N-30D - For 12/31/00::
Corporate profits will not be good this year as end-demand is weak. The ISDEX is reviewed quarterly by the steering committee to ensure that the list
http://www.secinfo.com/dRqWm.475z.htmHOME |
% change |
|
ISDEX |
299.51 |
-9.61 |
-3.11% |
|
NASDAQ |
2,339.38 |
-36.97 |
-1.56% |
|
DJIA |
9,399.67 |
-144.75 |
-1.52% |
Amazon.com (NASDAQ:AMZN) acquires a minority stake in
Drugstore.com. Amazon.com holds 46% of Drugstore.com's outstanding shares
as of December 31, 1998. Other investors include Kleiner Perkins (which
also backed Amazon), Maveron, LLC and Liberty Media.
Privately-held CommonPlaces, LLC, raises $6 million ramp up its
"collegiate" community hub concept. It expects to launch in summer, 1999.
Commonplaces is 50% owned by Network Event Theater (NASDAQ:NETS). There are
a few college hubs already in existence, so the battle has begun before
CommonPlaces has even put its gear on.
Open Market (NASDAQ:OMKT) and Vignette (NASDAQ:VIGN) team up to
integrate their leading products to offer Internet marketing management.
Vignette makes the popular StoryServer, which lets publishers on the Web
manage data, while Open Market makes the popular Transact commerce
software. We see this as a good fit that enables the melding of content and
commerce offerings.
iVillage sets its IPO pricing between $12 to $14 per share with the
goal of 3.65 million shares offered. We think iVillage could generate $20
million to $25 million revenue this year and therefore target its offer at
between 12x and 15x this year's revenue. iVillage focuses on providing news
and info to women.
 OzEmail Launches Personal Finance Site
 MDC Joins With Australian Org For Multimedia Awards
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