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January 19, 2005 Investor Alert Issued

SoftNet Technology , Check Point Software Technologies, Ltd. , PMC-Sierra, Inc. and Chinadotcom Corp. .

Aggressive stock traders and investors, have a look at SoftNet Technology . SoftNet announced Tuesday that its wholly owned subsidiary WholesaleByUs (WBU) is expanding product Distribution. The expansion will be funneled through Froogle.com and Overstock.com. The company further stated that "WBU will be selling through the Froogle.com portal here in the United States and in the United Kingdom. Froogle.com will redirect all searches for products listed through the froogle.com search engine to the WBU website."

STTC traded volume Tuesday of 1,613,693 and is currently trading at around 21 cents a share.

Check Point Software Technologies, Ltd.

After the bell Tuesday, Internet security solutions provider, Check Point Software Technologies, Ltd., reported fourth-quarter net income of $76.4 million or $0.30 per share, compared to $65.3 million or $0.26 per share in the year-ago quarter. Total revenue was $143 million in the fourth quarter, up from $115.3 million last year.

CHKP closed Tuesday's regular trading session at $22.97 on volume of 5.29 million shares.

PMC-Sierra, Inc.

Broadband communications provider, PMC-Sierra, Inc., announced Tuesday it has completed redemption of the remaining balance of its outstanding 3.75% Convertible Subordinated Notes due August 15, 2006. The company said about $68.1 million aggregate principal amount of the notes was redeemed for about $70.2 million in cash, which included about $1.1 million in accrued interest. PMC said holders of the notes did not elect to convert their notes into its common stock.

PMCS closed Tuesday's regular trading session at $9.78 on volume of 3 million shares.

Chinadotcom Corp.

Pivotal Corp., a software unit of Chinadotcom Corp., and New Home Technologies, a building industry technology consortium, said that they would jointly market products and services to homebuilders under an alliance agreement. The companies said that their alliance program aims to accelerate adoption of sales marketing, service warranty and options management solutions by the homebuilding industry. Also, the companies would share industry and technology expertise and identify customer integration projects.

CHINA closed Tuesday's regular trading session at $3.94 on volume of 804,080 shares.

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The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, is here after referred to as "the company." The company received compensation for this newsletter service for STTC (Public Company). The compensation is twenty-four hundred dollars from a non-affiliated third party Equity Alliance. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

The company reserves the right to trade in securities mentioned herein, and may make purchases or sales in such securities featured within our newsletter reports. The information contained in this publication is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. All statements of opinions, if any, (Our Summary) are those of the company.

The company relies exclusively on information gathered on the Public Company, such as public filings, press releases and its web sites. Investors should use the information contained in this publication as a starting point for conducting additional research on the Public Company in order to allow the investor to form his or her own opinion regarding the Public Company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the Public Company that this newsletter is providing service for should be reviewed is speculative and a high-risk and may result in the loss of some or all of any investment made in the client. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended.

The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.


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Tags: ,FinancialServices:InvestmentOpinion ,NASDAQ01,NASDAQ01,NASDAQ01,NASDAQ01,NASDAQ01,NASDAQ01,FL,SARASOTA, FL
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