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To: Eric who wrote (20346)	3/4/1999 5:53:00 PM
From: tonyt	Read Replies (2) \| Respond to of 27307

Portals slide; Verio stock bucks Net downdraft By Bambi Francisco, CBS MarketWatch Last Update: 5:28 PM ET Mar 4, 1999 Internet Daily Net headlines NEW YORK (CBS.MW) -- Most Internet stocks ended lower Thursday, despite a strong day in technology stocks fueled in part by the big deal struck between IBM and Dell. "There is a disconnect between the Net stocks and the rest of the technology sector" said James Glickenhaus of investment banking firm Glickenhaus & Co. "This is a telling sign that Internet issues have perhaps reached a top for the time being." Verio soars on AOL deal Shares of Verio (VRIO) jumped 4 or 12.3 percent to 36 1/2. America Online (AOL) lost 13/16 at 86 1/4. See full story In light of the Verio deal, other Web-enabling companies such as Exodus (EXDS) rose 1 1/16 at 79 and US Web (USWB) lost 5/16 to 36 11/16. Yahoo! (YHOO) fell 1 15/16 to 151 1/2. The company held a meeting with analysts in San Francisco on Thursday. After the close, shares of Yahoo! were up one dollar on Instinet. PageNet (PAGE) rose 19/32 or 14.6 percent to 4 21/32 on news it's in a pact with Yahoo! to distribute the portal's services to its pager customers. See press release. Lycos (LCOS) dropped 1 5/8 to 87 3/8. Excite (XCIT) gained 2 3/8 to 109. The Goldman Sachs Internet Index edged up 0.4 percent while the Amex Internet Index gained 1.3 percent. Among the day's biggest movers: E-Bay (EBAY) added 7 5/16 at 130 13/16, its third big gain in as many days after analysts at BancBoston Robertson Stephens reiterated their "buy" rating on the stock. The online auctioneer's stock split 3-for-1 after Monday's trading. Amazon.com (AMZN) fell 3 3/8 at 120 1/8.