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Monday's hot stocks
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January 31, 2000: 2:53 p.m. ET
Audible Inc continues to do well after Amazon deal, but software security firm's shares tumble
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NEW YORK (CNNfn) - Shares of Audible Inc., an Internet audio content provider, surged on Monday after announcing a deal with online retailer Amazon.com.
Audible Inc. (ADBL: Research, Estimates) rose 8 percent after Amazon.com (AMZN: Research, Estimates) named it as its exclusive provider of Internet audio services and also said it will take a 5 percent stake in the company.
In midday trading Monday, Wayne-based Audible's shares rose 1-7/8 to 15-5/8.
OSI Systems Inc (OSIS: Research, Estimates). soared 35 percent in midday trading Monday. The Hawthorne-Calif.-based software security developer Friday unveiled a new line of high-speed equipment to be produced by OSI subsidiary UDT Sensors. Shares were up 2-1/2 to 9-1/2 Monday.
Brio Technology Inc. (BRYO: Research, Estimates) tumbled 16 percent Monday despite the Palo-Alto, Calif.- developer of Web-site tracking software's announcement Monday that DrugEmporium.com would use its software for real-time analysis of its e-business activity. DrugEmporium.com plans to use Brio software to track information about sales and customers.
Brio's shares were down 6 to 32-3/16.
Century Business Services (CBIZ: Research, Estimates) fell 39 percent after warning that its fourth-quarter earnings will be significantly lower than expected.
The provider of accounting and tax services said it expects results ranging from a loss of 2 cents a share and a gain of 2 cents a share, well below the 13 cents per share expected by analysts surveyed by earnings tracker First Call.
Furthermore, Merrill Lynch downgraded Century Business to "long-term accumulate" from "long-term buy." The Cleveland-based firm fell 3-1/32 to 3-29/32
Qiao Xing Universal Telephone Inc. (XING: Research, Estimates) jumped 25 percent after the Chinese telecommunications-equipment maker said the government exempted it from the People's Republic of China's enterprise income taxes for the next three years. Qiao Xing Universal rose 7-7/8 to 39-3/4.
Interwave Communications International (IWAV: Research, Estimates) which rose strongly in its first day of trading Friday, faltered Monday.
The Bermuda-based wireless-communications-systems provider fell 5-1/8, or 14 percent, to 31-1/4. But later recovered, up 3/8, or 1 percent to 37-1/4
Baker Hughes Inc. (BHI: Research, Estimates), which provides products and services for oil drillers, gained 15 percent. On Monday, Max L. Lukens resigned as chief executive officer. Goldman Sachs upgraded Baker Hughes to "market outperform" from "market perform."
Baker Hughes board has reportedly been dissatisfied with the company's recent stock market performance. Houston-based Baker Hughes rose 3-3/16 to 24.
ZymeTx Inc. (ZMTX: Research, Estimates), a viral disease management company, gained 13 percent after reporting a 453 percent increase in sales for the fourth quarter and a narrower loss of 16 cents per share. Oklahoma-based ZymeTx jumped ½, or 21 percent, to 2-7/8.
Meditrust Corp. (MT: Research, Estimates) plunged 40 percent after Morgan Stanely Dean Witter downgraded the company to "under-perform" from "market perform."
The downgrade followed news that the real estate investment trust will implement a reorganization plan to improve its financial condition. Needham, Mass.-based Meditrust fell 2-3/8 to 3-5/8. 
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