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Internet Stocks Recover to End Higher

Steve Harmon
By Steve Harmon

Internet stocks went on a hiccup rollercoaster ride Monday as the ISDEX once again starts the day mixed and closes
up.

Today’s snapshot:



























 
01-Mar-99
% change
point change

ISDEX
315.94
8.70
2.66%

NASDAQ
2,295.18
7.15
0.31%

DJIA
9,324.78
18.20
0.20%

  • Amazon.com (NASDAQ:AMZN) realizes some return on its 46% stake in startup Drugstore.com. The online phramacy inks a deal with Yahoo to provide its services to the popular portal.
  • CMGI (NASDAQ:CMGI) acquires Web traffic analyzer I/PRO for undisclosed terms. The move adds another layer to CMGI’s own portfolio of firms as well as the new startup it invested $100 million in headed by NBC exec Neil Braun.

  • Mindspring (NASDAQ:MSPG) acquires the subscribers of ISP Internet Connection USA for undisclosed terms. Another in a long line of acquisitions as Mindspring rolls up the consumer ISP space.

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