Expect the following technology stocks to be among Wednesday's most actively traded issues: dr.koop.com, Engage Technologies and Vicinity.
Maybe dr.koop.com shares will finally get moving again Wednesday after the online healthcare network said it was forming an employee health and e-commerce company with behavioral health Web site lifescape.com.
Financial terms of the deal were not disclosed.
The alliance will form the Benefit Internet Group, which will create and market a portal product, AtWorkCafe.
Employers will license the AtWorkCafe and can personalize it to provide their workers with access to health information, news and e-commerce.
Employees can purchase car, pet, homeowners or disability insurance through the site.
Its shares closed off 7/16 to 8 1/2 ahead of the announcement.
Engage beat estimates by 6 cents a share according to a correction by First Call Corp. The company posted a loss in its second quarter of $27.4 million, or 52 cents a share, on sales of $12.8 million.
It also announced a 2-for-1 stock split.
First Call consensus had originally expected the online marketing firm to lose 49 cents a share in the quarter. That was an error, according to Engage's Investor Relations department, who had it fixed Wednesday morning.
Its shares closed off 2 7/16 to 176 5/8 ahead of the earnings report.
The $12.8 million in sales marks a 377 percent improvement from the year-ago quarter when it lost $5 million, or 15 cents a share, on sales of $2.7 million.
First Call consensus predicts it will lose $1.94 a share in the fiscal year.
Company officials said the stock split will take place on April 3 for all shareholders of record on March 20.
Vicinity posted a wider-than-expected loss in its second quarter, losing $4.1 million, or 70 cents a share, on sales of $3.3 million.
First Call consensus expected Vicinity to lose only 26 cents a share in the quarter.
Its shares closed up 13 3/4, or 22 percent, to an all-time high of 74 7/8 ahead of the earnings report.
The provider of Internet-based marketing infrastructure services got off to terrific start last month in its initial public offering.
The $3.3 million in sales marks a 133 percent improvement from the year-ago period when it lost $1.1 million, or 30 cents a share, on sales of $1.4 million.
"Our impressive growth this quarter provides further evidence that traditional retailers recognize that Vicinity provides a critical marketing solution that helps drive consumers from their Web sites into their brick and mortar stores," said CEO Emerick Woods in a prepared release.
Company officials said it added more than 100 customers from the year-ago quarter for a total of 197 clients.
First Call consensus expects it to post a loss of 79 cents a share in the fiscal year.