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ISDEX Jumps To New Highs

Steve Harmon
By Steve Harmon

ISDEX finds new highs as investor enthusiasm for the Internet leaves the Dow down and NASDAQ posting slight gains. Today’s snapshot:



























 
06-Apr-99
point change
% change

ISDEX
617.49
16.62
2.77%

NASDAQ
2,563.17
3.11
0.12%

DJIA
9,963.49
-43.84
-0.44%

  • CyberCash (NASDAQ:CYCH) raises $5 million in a private placement to market its new InstaBuy Wallet, a service that lets buyers buy with a click. I’m wondering how long the tired money will stay with CYCH as it finances itself with these placements.
  • InfoSpace.com (NASDAQ:INSP) announces a 2-for-1 split after the market closes today. The stock has a “buy” rating on it from Banc Boston Robertson Stephens.
  • Beyond.com (NASDAQ:BYND) opens a software store on Compaq’s Web site per an agreement from March. The site offers 5,000 software titles. The future of software looks like downloaded titles from a series of software networks like Beyond and Digital River (NASDAQ:DRIV).

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