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CNNfn market movers
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April 8, 1999: 11:37 a.m. ET
Check Point checks in and GeoCities comes back; HNC goes soft
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NEW YORK (CNNfn) - Investors grabbed for some software and Internet companies, but shied away from others and swore off herbal tea.
Check Point Software (CHKP) checked in on the upswing, rising 4-3/4 to 31-1/2, after the security software maker said it expects strong results that will meet its first-quarter forecast.
GeoCities (GCTY) was back on track after dipping earlier in the week. The stock was up 6-1/2 at 139-1/2 after it reported a smaller-than-expected first-quarter operating loss Wednesday.
Forward Air Corp. (FWRD) took off after the provider of transportation services to airlines and air cargo carriers said it expects first-quarter earnings to beat analysts' estimates. The company was up 2-3/4 to 16-1/4.
Spyglass Inc. (SPYG) continuing its winning ways. One day after announcing a three-year, $20 million deal with Microsoft Corp. (MSFT), the Internet service company said it is buying privately held Navitel Communications Inc. Spyglass was up 4-1/2 to 18-1/8.
Sharper Image Corp. (SHRP), one of several retailers reporting sales figures Thursday, was up 1-7/8 to 12-3/8 after saying same-store sales were up in March.
Office Depot Inc. (ODP) also was rising, rising 1-13/16 to 23-9/16 after announcing a one-year marketing deal with America Online (AOL).
And Wind River Systems Inc. (WIND) breezed up 2 to 13-7/8, even though the software maker warned that first quarter revenue would be lower than expected. The company also said it is acquiring certain assets of its partner, Xact Inc.
Somebody dial 911
HNC Software Inc. (HNCS) was soft in all the wrong places, dropping 13-1/32 to 14-3/16, or roughly 48 percent, after announcing first-quarter revenue will come in about 10 percent lower than expectations.
Health-care provider Humana Inc. (HUM) looked anything but healthy as shares dropped 6-1/8 to 10-1/16. The company warned first- quarter earnings will be less than expected because of higher medical costs.
The news wasn't good for Goody's Family Clothing Inc. (GDYS) after the company said it expects first-quarter sales to fall well below year-ago levels. Shares fell 3-3/32 to 8-7/8.
The folks at Celestial Seasonings Inc. (CTEA) probably could use a belt of something a little stronger than tea. The herbal tea maker saw its shares slip 2-3/4 to 18 after its expected fiscal second-quarter earnings came in below analysts' expectations.
And speaking of health, or the lack of it, Curative Health Services Inc. (CURE), dropped 2-3/4 to 9 after the provider of specialized wound-treatment centers for hospitals said it was ordered to turn over documents to federal investigators. The company said it had little information about the probe. 
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