MECKLERMEDIA'S ISDEX STOCKS OUTPACE THE DOW;
ISDEX Established As Bellweather Indicator For Measuring Internet Companies' Market Performance
(WESTPORT, CT - January 14, 1998) -- Mecklermedia Corporation's (NASDAQ: MECK) Internet Stock Index (ISDEX), the leading pure play barometer that tracks the performance of more than 35 Internet stocks, posted a 49% gain for 1997, outpacing the Dow, NASDAQ and S&P.; The top 10 ISDEX stocks were up triple digits.
"On average, investors would have paid $15.22 per share for the lot, worth an average $22.64 at year's end, representing a 49% gain," said Steve Harmon, senior investment analyst of Internet Stock Report. "The ISDEX, Internet Stock Index, remains the most relevant index for Wall Street to watch."
"There are many stock indices that mix Internet with other sectors, such as multimedia or general telecommunications, whereas ISDEX was built from the ground-up as a barometer of the ups and downs of publicly traded companies whose fortunes are directly tied to the Internet," said Neil Weintraut, partner at 21st Century Internet Ventures. "Accordingly, ISDEX is our Internet stock weather indicator."
ISDEX is adding five new companies in 1998. The new ISDEX stocks include Sportsline USA (NASDAQ:SPLN), focusing on sports news and merchandising; RealNetworks (NASDAQ:RNWK), producing media streaming software; N2K (NASDAQ:NTKI), focused on Web-based music sales; Concentric Network (NASDAQ:CNCX), providing virtual private network services and USWeb (NASDAQ:USWB), a turnkey Web presence provider.
Mike McQuary, President & COO of MindSpring commented, "Mecklermedia's ISDEX is an excellent source for those who follow the Internet industry. I am a devoted follower of ISDEX, and rely upon ISDEX to keep me abreast of all the latest developments."
Internet Stock Report readership includes many notables in the PC and Internet industries: Microsoft's Bill Gates, Netscape's Marc Andreessen, Yahoo's Jerry Yang, Hummer Winblad's Ann Winblad, Lycos' Bob Davis, Kleiner Perkins' John Doerr, AOL's Ted Leonsis, and EDVenture Holdings' Esther Dyson.
Print, Web and other media interested in licensing Internet Stock Report (ISDEX) can contact Steve Harmon at 408-657-9600 or by email at [email protected].
Mecklermedia Corporation, based in Westport, Connecticut, is a leading provider of Internet information through its Internet World publication, its Internet World trade shows, and Internet.com at http://www.internet.com which provides real-time news and information resources for the Internet community.
| ISDEX ® | Ticker | 31-Dec-97 | % change | Point | 31-Dec-96 |
| Internet Stock Index | symbol | from | change | ||
| close | 31-Dec-96 | 31-Dec-96 to | or IPO * | ||
| or IPO * | 31-Dec-97 | ||||
| (sorted by most % gained) | |||||
| Yahoo! | YHOO | $69.25 | 511% | $57.92 | $11.33 |
| Mindspring | MSPG | $33.63 | 449% | $27.50 | $6.13 |
| Lycos | LCOS | $41.38 | 294% | $30.88 | $10.50 |
| VocalTec | VOCLF | $20.50 | 249% | $14.63 | $5.88 |
| Amazon.Com * | AMZN | $60.25 | 235% | $42.25 | $18.00 |
| Onsale * | ONSL | $18.00 | 200% | $12.00 | $6.00 |
| Excite | XCIT | $30.00 | 193% | $19.75 | $10.25 |
| America Online | AOL | $90.50 | 172% | $57.25 | $33.25 |
| @Home Network * | ATHM | $25.13 | 139% | $14.63 | $10.50 |
| E*TRADE | EGRP | $23.00 | 100% | $11.50 | $11.50 |
| Earthlink Network * | ELNK | $25.75 | 98% | $12.75 | $13.00 |
| Open Text | OTEXF | $13.38 | 95% | $6.50 | $6.88 |
| CheckPoint Software | CHKPF | $40.75 | 87% | $19.00 | $21.75 |
| Netcom | NETC | $24.00 | 85% | $11.00 | $13.00 |
| CMG Info | CMGI | $30.25 | 81% | $13.50 | $16.75 |
| Forefront | FFGI | $7.81 | 42% | $2.31 | $5.50 |
| Infoseek | SEEK | $10.75 | 39% | $3.00 | $7.75 |
| Mecklermedia | MECK | $24.88 | 26% | $5.13 | $19.75 |
| Security Dynamics | SDTI | $35.75 | 13% | $4.25 | $31.50 |
| CNET | CNWK | $29.50 | 2% | $0.50 | $29.00 |
| Trusted Information Systems | TISX | $10.00 | -7% | -$0.75 | $10.75 |
| Versant Object Technologies | VSNT | $13.81 | -26% | -$4.81 | $18.63 |
| Network Solutions * | NSOL | $13.13 | -27% | -$4.88 | $18.00 |
| Open Market | OMKT | $9.63 | -29% | -$3.88 | $13.50 |
| Individual | INDV | $4.25 | -29% | -$1.75 | $6.00 |
| Security First Net Bank | SFNB | $7.25 | -29% | -$3.00 | $10.25 |
| Raptor | RAPT | $13.25 | -34% | -$6.88 | $20.13 |
| CyberCash | CYCH | $12.69 | -45% | -$10.31 | $23.00 |
| CKS Group | CKSG | $14.13 | -49% | -$13.75 | $27.88 |
| PSINet | PSIX | $5.13 | -53% | -$5.75 | $10.88 |
| NetManage | NETM | $2.81 | -53% | -$3.19 | $6.00 |
| Netscape | NSCP | $24.38 | -57% | -$32.50 | $56.88 |
| Spyglass | SPYG | $4.94 | -61% | -$7.56 | $12.50 |
| Quarterdeck | QDEK | $1.63 | -61% | -$2.50 | $4.13 |
| Connect | CNKT | $0.84 | -86% | -$5.28 | $6.13 |
| TOTAL | 792.28 | 49% | 259.45 | 532.83 | |
| SIMPLE AVERAGE | 22.64 | 49% | 15.22 | ||
| vs. | |||||
| NASDAQ | 1,570.35 | 21.6% | 279.32 | 1,291.03 | |
| DJIA | 7,908.25 | 22.6% | 1,459.98 | 6,448.27 | |
| S&P 500 | 970.43 | 31.0% | 229.69 | 740.74 |
(* IPO in 1997)
Contact:
Dara Tyson
Mecklermedia Corporation
(203) 341-2972
[email protected]
Bob Miko
Mecklermedia Corporation
(203) 341-2842
[email protected]
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