ISDEX & Market Moves
Snapshot
| 23-Jan-98 | % change | point change | |
|---|---|---|---|
| ISDEX Average | 106.55 | -0.55% | -0.59 |
| ISDEX Composite | 855.31 | 0.00% | 0.00 |
| NASDAQ | 1,575.93 | -0.04% | -0.58 |
| DJIA | 7,700.74 | -0.39% | -30.14 |
- Infoseek (NASDAQ:SEEK) seeks capital, plans to sell 2.5 million to 3 million shares of common to be used for general corporate purposes, capital expenditures, and working capital. Infoseek posts $34.6 million revenue for 1997, up 129%. Fourth quarter revenue is $12.5 million, a 105% increase while net loss reaches $24.6 million, $0.93 per share annual net loss, 4Q net loss of $4.1 million, $0.15 per share.
- CheckPoint Software (NASDAQ:CHKPF) exceeds analyst expectations with $82.9 million 1997 revenue vs. $31.9 million for 1996. Net income is $40.2 million for the year or $1.23 per share vs. $15.2 million or $0.29 per share in 1996. Fully-diluted earnings per share are $1.07 for 1997 and $0.43 for 1996.