Top ISDEX Gainers For 2000
Amazingly, only one ISDEX company America Online has gained in trading over the past three months, and that by only 2.2 percent through Monday.
With the market straining to find the bottom in recent weeks, the number of ISDEX stocks posting gains in the past month rose to 13. For all of this year, a dozen ISDEX stocks have gone up in value. The list is comprised mostly of infrastructure, security and Internet services companies.
Heres a look at the top ISDEX gainers this year:
1. Check Point Software
2. Juniper Networks
3. Inktomi, up 33
percent. The market leader in caching server and search engine software last
month reported its first profitable quarter. The market continues to treat
INKT like a critical Internet infrastructure player and rightly so.
4. Verio, up 25
percent. It took a doubling in price over the past month to get Web hosting
company Verio's stock into the plus column, and that was due primarily to
the purchase of VRIO by Asian communications giant NTT Communications for $5
billion. The deal, announced in early May, values VRIO in the range of $70
per share. VRIO closed Monday at $57.69.
5. Network Solutions , up 64 percent. Since reaching an all-time high of $284 per
share on March 8 in the wake of a deal with Telecom Italia, CHKP has slumped
by 42.6 percent. But its early-year run-up, helped in great part by a series
of hacker attacks on major Web sites, gave it plenty of padding.
, up 49 percent. The maker of Internet backbone routers blew
away Wall Street estimates in April, posting its second straight profitable
quarter.
, up 16 percent. Shares of NSOL have gotten two big boosts since
January. First, the company's acquisition by security software vendor
VeriSign for $21 billion, announced in early March, and then late last month
after NSOL reported a tripling of earnings in Q1.
