'Hocus Pocus 2' Review Wi-Fi 6 Router With Built-In VPN Sleep Trackers Capital One Claim Deadline Watch Tesla AI Day Student Loan Forgiveness Best Meal Delivery Services Vitamins for Flu Season
Want CNET to notify you of price drops and the latest stories?
No, thank you

Midday Markets: Nets pop while market fizzles

A few Net stocks flared up at midday on Friday. The Nasdaq slipped 26 to 2,515 and the @Net dropped 6 to 310. The Dow Jones industrial average lost 49 to 10,816.

Blue chips were pushed to the side at midday as investors snatched up a handful of smaller stocks. To illustrate, the Standard & Poor's 500, comprised solely of large capitalization companies, slipped 8 to 1,330 while the small cap laden Russell 2000 index edged up 0.04 to 448.

EToys Inc. (Nasdaq: ETYS) slipped 6 9/16 to 70 in second day, cast aside like an old toy for a new, shiny bauble.

Hauppage Digital Inc. (Nasdaq: HAUP) gained 4 27/64 to 16 59/64 after a BusinessWeek column said that the company was teaming with an Internet streaming media programmer.

Healtheon Corp. (Nasdaq: HLTH) rose 6 1/16 to 106 11/16 after merging with the revenue-poor WebMD.

Modem Media Poppe Tyson Inc. (Nasdaq: MMPT) climbed 2 3/4 to 27 after BusinessWeek, citing unnamed sources, said that its said were headed back to $45 a share.

Priceline.com Inc. (Nasdaq: PCLN) added 4 to 138 3/8 after Donaldson Lufkin & Jenrette began coverage with a "buy" rating.

USWeb Corp. (Nasdaq: USWB) rose 5/8 to 27 1/8 after Dain Rauscher boosted its opinion to "strong buy" from "buy."

Dell Computer Corp. (Nasdaq: DELL) dropped 1 17/64 to 36 36/64 and International Business Machines Corp. (NYSE: IBM) dropped 3 3/16 to 229 11/16 and Gateway Inc. (NYSE: GTW) declined 1/8 to 61 1/8.

Intel Corp. (Nasdaq: INTC) dipped 11/16 to 57and Advanced Micro Devices Inc. (NYSE: AMD) lost 3/16 to 20 3/16.

Among software makers, Microsoft Corp. (Nasdaq: MSFT) dropped 5/8 to 77 13/16 and Computer Associates International Inc. (NYSE: CA) lost 1/4 to 45 1/2 after extending its bid for Platinum.