graphic
Markets & Stocks
Monday's hot stocks
October 25, 1999: 1:42 p.m. ET

Pokemon craze lifts Topps; Digital Island up on merger announcement
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - Merger news sent stock in Internet content provider soaring Monday while Pokemon frenzy elevated shares in a firm best known for Bazooka bubble gum.
In the session's higher flyer, stock in Digital Island (ISLD), a provider of Internet content to businesses, rose 45 percent after saying it will merge with Sandpiper Networks, a privately held Internet content delivery firm.
     Under the deal, Sandpiper shareholders get 1.07 shares of Digital Island for each Sandpiper share.
Stock in San Francisco-based Digital Island rose 10-3/8 to 33-3/8.
Proving that children's fads can move markets, shares of Topps Co. Inc. (TOPP) rose 21 percent after it said sales of its Pokemon trading cards could range from $80 million to $100 million for the fiscal year ending Feb. 26.
     Stock in New York based Topps, which created Bazooka bubble gum in 1947, climbed 1-3/4 to 10-1/4. More than 8 million shares changed hands, making Topps the third-most traded Nasdaq listing.
Shares of Sunrise Technologies (SNRS) continued to gain following Friday's announcement that it expects a Food and Drug Administration panel to grant pre-market approval for its vision-correcting laser system.
     Further, the company said Monday that a "world-renowned ophthalmologist," Dr. Charles D. Kelman, underwent Sunrise's procedure for correcting farsightedness.
     Stock in Fremont, Calif.-based Sunrise rose 1-15/16, or 23 percent, to 7-31/32.
Shares of the Scandinavia Co. (SCF) rose 13 percent after it announced a deal to integrate Inktomi's (INKT) scaleable software technology with a Scandinavia subsidiary.
     Shares of Cayman Islands.-based Scandinavia rose. 6-1/4 to 53-3/4.
Shares of U.S. Interactive Inc. (USIT) gained 16 percent after Hambrecht & Quist upgraded the Internet strategy consulting firm to "buy-focus list" from "buy."
     Stock in King of Prussia, Pa.-based U.S. Interactive rose 3-1/2 to 25.
Shares of MidAmerican Energy Holdings (MEC) climbed 23 percent after Warren Buffett's Berkshire Hathaway (BRK.A) offered to buy the utility for $35.05 per share, a 29 percent premium over Friday's closing price.
     Stock in Des Moines, Iowa-based MidAmerican jumped 6-1/4 to 33-1/2.
     Martha Stewart Living Omnimedia (MSO) which gained strongly in its debut last week, gave up some ground Monday.
     Stock in New York-based Martha Stewart fell 3-3/16, or 9 percent, to 31-7/8.
Shares of Trump Hotels & Casino Resorts (DJT) rose 11 percent after the casino operator said third-quarter earnings beat analysts' expectations.
     The casino operator, whose chairman is real estate developer Donald Trump, said net income rose to $14.0 million, or 63 cents per share, from $5.3 million, or 24 cents per share, in the year-ago period.
     Shares of Atlantic City, N.J.-based Trump Hotels and Casino jumped 7/16 to 4-7/16. Back to top

  RELATED STORIES

Wall St. extends loss - Oct. 25, 1999

  RELATED SITES

View the latest market update via Netshow

See how your mutual funds are doing

Need investing advice? Try Quicken.com on fn

Track your stocks


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.