Published:
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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