Time to key up that broken record again. Nasdaq up, Nasdaq up, Nasdaq up. Is everyone rich yet?
The Nasdaq added another 87.75, or 1.9%, to close at another record of 4784.44. Internet stocks were in rally mode as well.
TheStreet.com New Tech 30 closed up 51.32, or 6.6%, at 833.43.
TheStreet.com Internet Sector
index ended up 16.67, or 1.4%, at 1199.53.
B2B stocks soared as well. And
index added 4 27/32, or 6.2%, to 83 1/8 on the strength of online brokerages.
in an earlier
column, a stock that ran up 43 5/8, or 23%, at 231 7/8 (if you see him, make him buy you a drink). And we chronicled some of the companies that were appearing at the
Robertson Stephens Tech 2000 Conference
in an earlier
There were a number of other big movers, including
, which closed up 5 7/8, or 4.1%, at 149 1/4, though it traded as high as 155 7/16. The online auction site also said today it was teaming up with
, which will allow sellers to take credit-card payments over the Internet.
Online brokerages had another strong day.
analyst Gregory Smith put out positive notes on both
, writing that like the rest of the online brokerage industry, both were experiencing "blockbuster" quarters. Ameritrade closed up 2 7/16, or 13%, at 21 1/8, while DLJ Direct closed up 2 1/4, or 21%, at 13 3/8. Chase H&Q has not done underwriting for either firm.
closed down 8 1/4, or 9.3%, at 80 9/16.
The Wall Street Journal
reported that both
were distancing themselves from DoubleClick, due in part to concerns about how DoubleClick is handling privacy partners.
finished up 8 7/16, or 15%, at 64 3/8. The name-your-price service said it would create a new company to expand its service to Australia and New Zealand. It took off late in the day after
reported that a research note on priceline indicated that its airline business was going to become profitable earlier than expected.
closed down 1, or 5%, at 19. The online travel agency said it would take a one-time reserve of $4 million to $6 million in the current quarter due to fraudulent transactions by criminals who used stolen cards to purchase travel online.