Internet Market Close Report for 1998.07.27

admin on Jan 5th 2009 edit

  27-Jul-98 point change % change
ISDEX 150.85 -8.29 -5.21%
NASDAQ 1,933.26 2.17 0.11%
DJIA 9,028.24 90.88 1.02%

  • Amazon.com (NASDAQ:AMZN) gets a "buy" rating from CS First Boston. We think Amazon may be on a holding pattern until music and video sales start coming in.

  • Network Solutions (NASDAQ:NSOL) gets a "strong buy" rating from Hambrecht & Quist based on softness in its stock and fall from highs, down 35%. We agree that NSOL looks attractive in our view and have always said it's the default ".com" domain registrar. Competition may be coming but inertia favors NSOL in our opinion.

    Internet Investment Symposium '98 @ Fall Internet World!

    Book now! New York City, Oct. 8-9 as Steve Harmon talks investments with some of the top names in the industry...CEOs of GeoCities, CMG Info, DoubleClick, venture capitalists doing the $ billion deals, and 3 of the top Internet stock analysts on Wall Street (Steve was one of them) selected by CBS MarketWatch!"






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