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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?

To: .com who wrote (2444)	4/6/1999 8:22:00 PM
From: Jenne	Read Replies (1) \| Respond to of 5843

Sweet Sounds from RealNetworks, TCI Music By David Shabelman Staff Reporter 4/6/99 5:32 PM ET SAN FRANCISCO -- Are you listening? A number of stocks made noise today, but few louder than RealNetworks (RNWK:Nasdaq) and TCI Music (TUNE:Nasdaq). RealNetworks closed up 40 15/16, or 27%, at 195 7/16. The streaming media company entered into a business agreement with Globix (GBIX:Nasdaq) that benefited both companies. Globix, which manages, produces and broadcasts live and on-demand content for the Internet and Intranets, will team with RealNetworks to sell RealNetworks products and services. Globix closed up 11 11/16, or 33%, at 47 9/16. Also, Donaldson Lufkin & Jenrette initiated coverage of RealNetworks with a buy rating and set a 12-month target price of $250 a share. They were dancing in the halls of TCI Music after Liberty Media (LMGA:NYSE) offered to sell its Internet and interactive television assets in exchange for TCI stock. TCI Music closed up 21 3/16, or 253%, at 29 9/16. Liberty Media, which is a subsidiary of AT&T (T:NYSE), owns 86% of TCI Music. The assets it will sell include equity investments in priceline.com (PCLN:Nasdaq), iVillage (IVIL:Nasdaq), Sportsline USA (SPLN:Nasdaq) and drugstore.com. Taking a Break A couple of stocks that have been on fire of late saw profit-taking today. Among the day's losers was Yahoo! (YHOO:Nasdaq), which has been on a tear since announcing it was buying broadcast.com (BCST:Nasdaq). The company will report earnings on Wednesday. It closed down 4 1/4, or 2%, at 214 7/8. Also, Amazon.com (AMZN:Nasdaq), on fire since establishing an online auction site, closed down 3 5/8, or 2%, at 182 7/8. Among the winners was Sun Microsystems (SUNW:Nasdaq), which closed up 10 5/8, or 8%, at 140 5/8. The company, which will split 2-for-1 on Thursday, introduced products that will run with Microsoft operating systems. Also, LSI Logic (LSI:NYSE) closed up 3 1/2, or 11%, at 36 after receiving a strong buy rating from Soundview Technology Group. Also benefiting from an analysts' rating was Double-Click (DCLK:Nasdaq). C.E. Unterberg Towbin initiated coverage of the stock with a strong buy and a 150 price target. It closed up 25 7/16, or 27%, at 121.

To: .com who wrote (2444)	4/7/1999 6:18:00 AM
From: LABMAN	Read Replies (1) \| Respond to of 5843

from steve harmon Home - Yahoo! - Help THE INTERNET STOCK REPORT - Apr 7 6:12am MOTLEY FOOL \| THESTREET.COM \| INDIVIDUAL INVESTOR \| ISDEX \| ONLINE INVESTOR \| FINANCE HOME Help Morning Report \| Market Close \| Internet Stock Index \| Related News Morning Report Wed Apr 07 ISDEX: Top & Not Internet Stocks Show Strong Week By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" ISDEX is up more in the past week alone than the Dow has done all year. And the 50-strong Internet Stock Index is almost on par in a week with what NASDAQ has done all year. Hoochie mama. Leader of the pack attack since March 30 is RealNetworks (NASDAQ:RNWK - news) which ran on the Yahoo-Broadcast.com deal. The logic says if Broadcast.com went who's next? Real has two attractive pieces for a possible buyer: leading streaming software servers/clients with tens of millions of downloads; and 2) one of the largest audio-video sites on the Web. Note to Steve Case, here's a way to save the investment banker deal fee: I estimate Real's real value could be close to $7 billion. Here's how: the software side at $3 billion and the portal side at $4 billion. But you know who could be a better buyer, or a hungrier one? Intel. In one swoop it enters the chip-sapping multimedia Internet market and has sexy, cool content. Probably not a buyer though, too conservative of a player. Let's see hot and not stocks: ISDEX ® 06-Apr-99 % change The Internet Stock Index close from www.isdex.com 30-Mar-99 ISDEX 617.49 13.6% NASDAQ 2,563.17 3.3% DJIA 9,963.49 0.5% RealNetworks RNWK $195.44 58% Beyond.com BYND $31.50 42% Broadcast.com BCST $156.38 38% Concentric CNCX $97.00 31% ETRADE EGRP $76.00 31% Doubleclick DCLK $121.00 31% Infospace.com INSP $106.25 30% GeoCities GCTY $139.50 26% CMG Info CMGI $229.63 25% Yahoo! YHOO $214.88 25% Lycos LCOS $108.81 24% Security First Technologies SONE $89.00 23% Earthlink Network ELNK $72.56 21% Verisign VRSN $161.13 20% Mindspring MSPG $105.38 20% Preview Travel PTVL $20.94 18% CNET CNET $110.63 17% Broadcom BRCM $70.88 17% America Online AOL $167.50 16% Exodus EXDS $160.00 14% Amazon.Com AMZN $182.88 11% eBay EBAY $152.00 11% Infoseek SEEK $84.06 10% Sportsline USA SPLN $51.38 9% iVillage IVIL $101.63 9% Network Solutions NSOL $115.50 9% Excite XCIT $149.94 8% Xoom.com XMCM $75.56 8% Open Market OMKT $14.00 7% @Home Network ATHM $162.13 6% Cisco CSCO $115.25 5% PSINet PSIX $45.13 3% Go2Net GNET $134.44 2% 24/7 Media TFSM $48.31 2% Prodigy PRGY $39.25 1% Inktomi INKT $89.63 0% Onsale ONSL $33.38 0% CyberCash CYCH $14.63 -2% Cyberian Outpost COOL $19.06 -3% Broadvision BVSN $61.75 -3% VocalTec VOCLF $10.69 -3% CDnow CDNW $16.06 -4% USWeb USWB $40.13 -5% Egghead.com EGGS $17.25 -5% Security Dynamics SDTI $16.88 -6% ISS Group ISSX $69.75 -6% Verio VRIO $42.00 -9% Network Associates NETA $21.94 -25% CheckPoint Software CHKPF $30.13 -29% Axent AXNT $8.75 -73% News behind the moves: 99.03.30 - AXENT (NASDAQ:AXNT - news) shares lose 25% to $24.0625 per share as the security firm announces a $50 million stock acquisition of UK-based PassGo, which makes products that control access to Webs. While AXNT gets a downgrade from several research analysts based on the in-process research and development charge of up to 30% of the purchase price. But I believe the buy helps position AXENT in two ways: in Europe and in offering more security solutions. Short-term earnings hit for longer term possible gain. Who says logic has anything to do with stock movement? 99.03.30 - Beyond.com (NASDAQ:BYND - news) completes the acquisition of software ESD effort Buydirect.com for $123 million stock. BYND finally starts to move on the deal which I think could add $15 million to $20 million to Beyond's revenue if not this year then 2000. 99.04.01 - ISS Group (NASDAQ:ISSX - news) a leading Internet security software maker, announces a 2-for-1 stock split. The firm came under fire from a Barron's article March 28 that played up growing competition from larger rivals. Security is getting more competitive as companies seek solution providers in all areas of security and want more services to support them I believe. 99.04.01 - Looksmart, a privately-held Internet guide, raises $60 million from a series of venture and capital sources. At the same time (and probably due in part to the success of iVillage's IPO) Looksmart says it's now focused on being a "women's portal." Part of that comes from its 61% female users already on the service. Post-money valuation was about $400 million. I expect Looksmart to be looking smarter if it gets an IPO off soon. 99.04.05 - Yahoo (NASDAQ:YHOO - news) shares gain 22% to $219.125 per share as the portal network inks a deal with startup Online Anywhere to bring Yahoo Everywhere to non-Web platforms such as PDAs. Yahoo's move signals the built-in leverage it has with its reach in a multiplier effect with acquisitions GeoCities and Broadcast.com. It also shows the cross-platform ability some Web brands have to move into information and communications mediums in general. I recall in January when many observers thought a media firm would acquire Yahoo that I posited that Yahoo may acquire a media firm. Accolades: "Fresh and provocative" -CBS Marketwatch, who named Steve Harmon one of the top Internet stock analysts and only independent one honored "I am a huge fan of Steve Harmon's analysis" -Kleiner Perkins' John Doerr Blip us with an e-mail to stocktalk@internet.com on what you think about any Internet stock or investment you've seen or heard about to. Send us your rants, raves or ramblings and they may be included in this column in a special feedback edition every week. Throughout the trading day be sure to check Internet Stock Report's index of leading Web companies, the ISDEX, Internet Stock Index, for a roundup of how Internet stocks fare minute to minute. Archives: [ Thu Mar 25 \| Wed Mar 24 \| Tue Mar 23 \| Mon Mar 22 \| more ] Enter one or more ticker symbols, or you may look up the symbol by company name. Please see the ISDEX ® disclaimer. © 1999 internet.com LLC. registered trademark of internet.com LLC, used by permission © 1999 internet.com LLC Copyright © 1999 Yahoo! All Rights Reserved. Quote Technology by TIBCO, a Reuters company. Yahoo! Quotes is a service of Reuters NewMedia Inc. Data is provided for informational purposes only, and is not intended for trading purposes. Yahoo and Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Questions or Comments?