Organic IPO Leads Nasdaq's Rise
(URL: )
By Sandy Portnoy
Computer Reseller News
New York
6:37 PM EST Thu. Feb. 10, 2000
Tech stocks, led by Organic Inc.'s initial public offering, helped the Nasdaq close Thursday up 122 points to 4,486.
Meanwhile, the Dow Jones Industrial Average shed 56 points to close at 10,644.
Shares of Organic were up 100 percent Thursday after the company launched its initial public offering.
Opening at $20 per share, the San Francisco-based company saw its shares soar $22.50 to $42.50 in early-afternoon trading, before closing up $19.94 to $39.94.
AppNet Inc. added $18.63 to close at $70, a 36 percent jump, after the company had better-than-expected earnings. Reporting after market close Wednesday, AppNet said it earned $1.7 million, or 5 cents per share, 1 cent above analysts' predictions.
Chase Hambrecht & Quist raised the price target to $90 per share, while Credit Suisse First Boston upped its target to $100.
Also gaining ground, Keane Inc. rose $5.06 to $27.56, a 23 percent climb, after announcing a share repurchase plan; Primix Solutions Inc. rose $2.31 to $14, a 20 percent increase; 3Com Corp. jumped $5.69 to $65.19, a 10 percent increase; Cabletron Systems Inc. rose $3.25 to $36, a 10 percent rise, after announcing plans to establish four independent operating companies; and Symantec Corp. was up $5.25 to $69.13, a 10 percent jump.
On the flip side, Buy.com Inc., which rose 93 percent at its IPO debut Tuesday fell $1.50 to $26, a 5 percent slip; Interliant Inc. was down $8.25 to $45, a 15 percent slide; and US Interactive Inc. dropped $4.94 to $44.63, a 10 percent fall, after announcing a secondary public offering of approximately 5 million shares.CRN
Integrated Distribution
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
ARW | ARROW ELECTRONICS | $23.19 | $22.94 | 1% | $26.50 | $13.18 | $2,226 |
AVNT | AVANT CORP | $18.81 | $18.13 | 4% | $25.25 | $10.50 | $725 |
CDWC | CDW COMPUTER CENTERS | $69.00 | $66.25 | 4% | $80.00 | $27.93 | $2,982 |
HS | CHS ELECTRONICS | $1.19 | $1.13 | 6% | $16.56 | $0.43 | $71 |
CMPC | COMPUCOM SYSTEM | $5.06 | $4.75 | 7% | $5.62 | $2.75 | $241 |
CPU | COMPUSA INC | $9.63 | $9.69 | -1% | $14.18 | $4.87 | $892 |
ENPT | EN POINTE TECH | $41.25 | $40.31 | 2% | $42.50 | $5.00 | $251 |
ICO | INACOM CORP | $4.00 | $4.13 | -3% | $17.75 | $3.87 | $183 |
IM | INGRAM MICRO | $11.13 | $11.50 | -3% | $33.87 | $10.00 | $787 |
MSEL | MERISEL INC | $1.94 | $1.84 | 5% | $3.18 | $1.12 | $156 |
MICA | MICROAGE INC | $3.47 | $3.50 | -1% | $16.81 | $2.00 | $71 |
MTMC | MICROS TO MAINFRAMES | $6.63 | $6.97 | -5% | $12.12 | $2.50 | $32 |
PMRY | POMEROY COMPUTER | $16.88 | $16.97 | -1% | $23.12 | $9.56 | $199 |
SVTG | SAVOIR TECHNOLOGY GRP | $6.97 | $6.97 | 0% | $12.43 | $4.31 | $91 |
SECX | SED INTL HOLDINGS | $1.69 | $1.84 | -8% | $4.50 | $1.50 | $12 |
TECD | TECH DATA CORP | $22.31 | $22.50 | -1% | $44.68 | $14.50 | $1,163 |
PIOS | PIONEER STD ELECTR | $14.25 | $14.19 | 0% | $15.37 | $6.25 | $386 |
| Index | 1099.38 | 1087.39 | 1.10 |
E-Services
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
RAZF | RAZORFISH INC | $45.75 | $46.50 | -2% | $52.12 | $8.00 | $1,914 |
SAPE | SAPIENT CORP | $89.63 | $88.50 | 1% | $151.18 | $23.87 | $5,031 |
SCNT | SCIENT CORP | $89.50 | $88.00 | 2% | $102.25 | $10.00 | $72,104 |
USWB | USWEB CORP | $33.75 | $33.44 | 1% | $58.50 | $17.00 | $2,896 |
VIAN | VIANT CORP | $104.00 | $104.19 | -0% | $127.12 | $16.00 | $2,337 |
CMGI | CMGI INC | $117.81 | $120.50 | -2% | $163.50 | $20.50 | $270,078 |
ICGE | INTERNET CAPITAL GROUP | $128.00 | $126.25 | 1% | $212.00 | $6.00 | $33,315 |
APNT | APPNET INC | $70.00 | $51.38 | 36% | $67.25 | $8.62 | $2,275 |
ACOM | AGENCY.COM LTD | $43.75 | $45.13 | -3% | $98.00 | $26.00 | $1,470 |
PXCM | PROXICOM INC | $110.00 | $107.25 | 3% | $135.00 | $13.00 | $2,873 |
CYSV | CYSIVE INC | $92.50 | $95.00 | -3% | $103.25 | $17.00 | $1,033 |
CIRC | CIRCLE.COM | $11.00 | $11.50 | -4% | $21.68 | $9.00 | $244 |
USIT | US INTERACTIVE | $44.63 | $49.56 | -10% | $92.00 | $9.75 | $865 |
IIXL | IXL ENTERPRISES | $43.88 | $45.25 | -3% | $58.75 | $12.00 | $2,836 |
PMIX | PRIMIX SOLUTION | $14.00 | $11.69 | 20% | $13.25 | $1.93 | $204 |
ANSR | ANSWERTHINK CON | $33.81 | $34.75 | -3% | $40.37 | $9.25 | $1,414 |
VERT | VERTICALNET INC | $222.50 | $226.94 | -2% | $289.56 | $8.00 | $7,922 |
TANN | TANNING TECHNOL | $62.00 | $67.25 | -8% | $71.12 | $12.75 | $1,252 |
BUYX | BUY.COM | $26.44 | $27.50 | -4% | $33.00 | $13.00 | $3,413 |
| Index | 4106.30 | 4101.23 | 0.12 |
Software
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
NOVL | NOVELL INC | $38.75 | $36.88 | 5% | $42.43 | $16.06 | $12,656 |
ADBE | ADOBE SYSTEMS | $91.25 | $87.56 | 4% | $87.75 | $18.84 | $10,968 |
ADSK | AUTODESK INC | $38.13 | $38.06 | 0% | $44.37 | $17.00 | $2,349 |
CORL | COREL CORP | $17.88 | $18.50 | -3% | $44.50 | $2.00 | $1,122 |
RHAT | RED HAT INC | $87.06 | $89.50 | -3% | $151.31 | $7.00 | $5,989 |
IFMX | INFORMIX CORP | $15.81 | $15.75 | 0% | $16.50 | $6.03 | $3,184 |
INTU | INTUIT INC | $63.75 | $65.25 | -2% | $90.00 | $22.50 | $12,622 |
MSFT | MICROSOFT CORP | $106.00 | $104.00 | 2% | $119.93 | $71.99 | $546,696 |
SYBS | SYBASE INC | $24.06 | $24.19 | -1% | $25.00 | $5.31 | $1,962 |
SYMC | SYMANTEC CORP | $69.13 | $62.88 | 10% | $69.31 | $12.50 | $4,019 |
BVSN | BROADVISION INC | $176.63 | $170.06 | 4% | $193.00 | $11.29 | $13,993 |
VIGN | VIGNETTE CORP | $205.63 | $210.19 | -2% | $248.50 | $9.50 | $11,551 |
ALLR | ALLAIRE CORP | $135.00 | $135.00 | 0% | $188.25 | $39.87 | $1,768 |
EXDS | EXODUS COMMUNIC | $120.38 | $121.00 | -1% | $144.75 | $9.04 | $20,518 |
DRIV | DIGITAL RIVER | $30.19 | $30.00 | 1% | $57.93 | $18.25 | $626 |
OMKT | OPEN MARKET | $53.50 | $50.13 | 7% | $62.00 | $11.18 | $2,346 |
DIGX | DIGEX INC | $90.81 | $96.00 | -5% | $103.75 | $14.62 | $1,044 |
| Index | 1307.36 | 1284.31 | 1.79 |
ASP'S
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
USIX | USINTERNETWORKING | $49.88 | $51.25 | -3% | $70.87 | $9.54 | $3,040 |
BWAY | BREAKAWAY SOLUT | $107.25 | $105.00 | 2% | $130.50 | $14.00 | $1,868 |
INIT | INTERLIANT INC | $45.00 | $53.25 | -15% | $55.50 | $9.25 | $1,965 |
FTRL | FUTURELINK CORP | $22.50 | $22.75 | -1% | $33.25 | $14.37 | $207 |
| Index | 1416.05 | 1497.50 | -5.44 |
Infrastructure
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
COMS | 3COM CORP | $65.19 | $59.50 | 10% | $60.68 | $20.00 | $22,316 |
AOL | AMERICA ONLINE | $58.38 | $57.75 | 1% | $95.81 | $35.50 | $130,049 |
T | AT&T CORP | $49.13 | $48.81 | 1% | $63.41 | $41.50 | $156,697 |
CS | CABLETRON SYSTEMS | $34.75 | $32.75 | 6% | $32.93 | $7.18 | $6,333 |
CSCO | CISCO SYSTEMS | $135.94 | $128.81 | 6% | $135.00 | $45.81 | $465,507 |
LU | LUCENT TECHNOLOGI | $53.00 | $53.06 | -0% | $84.18 | $47.00 | $166,615 |
INTC | INTEL CORP | $107.63 | $104.63 | 3% | $110.06 | $50.12 | $359,957 |
MOT | MOTOROLA INC | $155.50 | $153.56 | 1% | $161.37 | $63.31 | $110,027 |
APCC | AMER POWER CONVERSION | $30.75 | $29.75 | 3% | $32.50 | $13.09 | $5,922 |
BOCI | BOCA RESEARCH | $7.75 | $7.25 | 7% | $11.12 | $3.06 | $89 |
IOM | IOMEGA CORP | $4.06 | $4.00 | 2% | $7.43 | $2.87 | $1,096 |
LXK | LEXMARK INTL | $114.31 | $112.94 | 1% | $118.87 | $42.09 | $14,601 |
MXTR | MAXTOR CORP | $6.88 | $6.94 | -1% | $17.87 | $4.25 | $778 |
DSS | QUANTUM CORP | $10.44 | $10.19 | 2% | $22.25 | $8.00 | $1,720 |
SEG | SEAGATE TECHNOLOGY | $47.56 | $45.50 | 5% | $48.81 | $25.12 | $10,266 |
TEK | TEKTRONIX INC | $41.44 | $41.56 | -0% | $42.81 | $17.56 | $1,958 |
WDC | WESTERN DIGITAL | $4.81 | $5.00 | -4% | $14.50 | $2.75 | $541 |
AMD | ADVANCED MICRO DEV | $42.50 | $42.06 | 1% | $45.12 | $14.56 | $6,256 |
WCOM | MCI WORLDCOM | $49.81 | $48.13 | 4% | $64.51 | $40.62 | $141,138 |
NN | NEWBRIDGE NETWORKS | $35.00 | $34.00 | 3% | $39.50 | $14.00 | $6,344 |
PCOR | PCORDER.COM INC | $44.50 | $41.75 | 7% | $94.00 | $21.00 | $262 |
YHOO | YAHOO INC | $365.00 | $362.31 | 1% | $500.12 | $110.00 | $96,083 |
XRX | XEROX CORP | $20.63 | $21.63 | -5% | $63.93 | $19.00 | $13,700 |
| Index | 1718.19 | 1669.72 | 2.90 |
Enterprise
Ticker | Company | 2/10/00 Close | 2/9/00 Close | Pct. Change | 52Week High | 52Week Low | Market Cap (MIL) |
CSC | COMPUTER SCIENCES | $87.06 | $87.50 | -1% | $94.93 | $52.37 | $13,970 |
EDS | ELECTRONIC DATA | $74.38 | $72.88 | 2% | $76.68 | $44.12 | $35,014 |
CA | COMPUTER ASSOC INTL | $68.63 | $70.25 | -2% | $79.43 | $32.12 | $36,991 |
CPQ | COMPAQ COMPUTER | $26.25 | $26.38 | -0% | $47.93 | $18.25 | $44,625 |
DELL | DELL COMPUTER CORP | $38.78 | $35.56 | 9% | $55.00 | $31.37 | $99,480 |
GTW | GATEWAY INC | $58.25 | $56.88 | 2% | $84.00 | $28.37 | $18,438 |
HWP | HEWLETT-PACKARD | $125.88 | $124.00 | 2% | $129.00 | $63.37 | $126,650 |
IBM | INTL BUSINESS MACHINES | $119.13 | $117.38 | 1% | $139.18 | $80.87 | $214,473 |
SUNW | SUN MICROSYSTEMS | $94.63 | $91.56 | 3% | $93.50 | $23.12 | $147,781 |
SAP | SAP AKTIENGESELLSCHAFT | $70.88 | $72.38 | -2% | $73.87 | $23.75 | $3,088 |
BAANF | BAAN CO NV | $7.44 | $7.38 | 1% | $17.81 | $6.43 | $1,476 |
PSFT | PEOPLESOFT INC | $24.00 | $25.19 | -5% | $27.75 | $11.50 | $6,443 |
ORCL | ORACLE CORP | $62.31 | $59.94 | 4% | $62.59 | $10.50 | $175,581 |
AAPL | APPLE COMPUTER INC | $113.50 | $112.63 | 1% | $121.50 | $32.00 | $18,349 |
CATP | CAMBRIDGE TECHNOLOGY PTNRS | $16.81 | $17.94 | -6% | $32.25 | $10.62 | $1,016 |
KEA | KEANE INC | $27.56 | $22.50 | 23% | $35.00 | $17.25 | $1,972 |
FISV | FISERV INC | $36.19 | $35.00 | 3% | $40.75 | $24.12 | $4,438 |
WHIT | WHITTMAN-HART INC | $40.75 | $40.50 | 1% | $81.12 | $17.00 | $2,306 |
PER | PEROT SYSTEMS | $22.56 | $23.06 | -2% | $85.75 | $15.31 | $2,073 |
UIS | UNISYS CORP | $31.56 | $32.00 | -1% | $49.68 | $20.93 | $9,781 |
| Index | 1928.66 | 1878.31 | 2.68 |
Market Capitalization Leaders (Mil)
MICROSOFT CORP | $546,696 |
CISCO SYSTEMS | $465,507 |
INTEL CORP | $359,957 |
CMGI INC | $270,078 |
INTL BUSINESS MACHINES | $214,473 |
ORACLE CORP | $175,581 |
LUCENT TECHNOLOGI | $166,615 |
AT&T CORP | $156,697 |
SUN MICROSYSTEMS | $147,781 |
MCI WORLDCOM | $141,138 |
AMERICA ONLINE | $130,049 |
HEWLETT-PACKARD | $126,650 |
MOTOROLA INC | $110,027 |
