Internet Market Close Report for 1999.01.29

January 9th, 2009
Consolidation speculation also continues to fuel Lycos (NASDAQ:LCOS) as well as other community sites. Our analysis January 6 (see Archives of Morning Report) saw this coming. It seems to have come very quickly.

Today's snapshot:

  29-Jan-99 point change % change
ISDEX 375.89 1.43 0.38%
NASDAQ 2,505.89 28.55 1.15%
DJIA 9,358.83 155.51 1.69%

  • Sportsline USA (NASDAQ:SPLN) reports $9.3 million fourth-quarter revenue with $10.1 million loss. Full year results are $30.55 million vs. $12 million for 1997. Losses for 1998 reach $35.5 million vs. $34.17 million loss for 1997.

  • Security Dynamics (NASDAQ:SDTI) posts $46.9 million revenue for 4Q98 vs. $41.1 million for 4Q97. EPS is $0.30 for 4Q98 vs. $0.10 EPS 4Q97. Full-year results are $171.3 million revenue vs. $140.6 million for 1997. Fully-diluted EPS is $0.69 for 1998 vs. $0.42 for 1997.




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