Stock Watch: Input Software Soars On Demo

Shares of Input Software (NASDAQ:INPT) were up 59 percent in intraday trading Thursday, based on news that the company has successfully demonstrated its DynamicInput online customer service software.

The stock price jumped from Wednesday’s close of $8.43 to a high of $13.38 Thursday, on volume of 189,000 shares. Input Software has been developing document imaging software since the mid-1980s, and has recently focused its efforts on making complex documents available via the Web. Its stock has traded in the $5 to $10 range for the last several years, with $13.38 being the highest share price sale since 1996.

DynamicInput is an XML-based software product that Input says will allow companies to personalize real time, two-way communications with its customers over the Web. The company says it will make it easier and quicker to complete complex business transactions — such as loan applications, complex product purchases, mutual fund purchases, and insurance claims — over the Web.

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