Skip to main content

It's Friday, and following this week's tech-sector rally, some traders may be looking to take hard-earned profits and go on a weekend shopping spree. Others, however, could be looking to take the money and run after this morning's bombing on Wall Street.

In early trading,

TheStreet.com Internet Sector

index was down .30 at 1177.20.

TheStreet.com New Tech 30 was up 0.97, or 0.1%, at 692.16.

Speaking of buying things, retail sales came out this

morning. Upward revisions to December sales appear to be offsetting lower-than-expected numbers for January.

Otherwise, a dearth of news in the sector was keeping traders cautious.

Clinton's

trying to get involved in the Internet security mess, hastily calling together an Internet security summit for next week. Internet security stocks were mixed today after huge run-ups in the past few sessions. This sector could be among the most vulnerable for traders booking profits.

ISS Group

undefined

was down 3 3/16, or 3%, at 89 3/8.

SonicWall

(SNWL)

was down 8, or 8%, at 91;

WatchGuard

undefined

was down 1 1/8, or 2%, to 48 7/8;

Axent

undefined

was off 13/16, or 3%, at 27 1/8;

VeriSign

(VRSN)

was down 6 11/16, or 3%, at 213 1/16;

Check Point Software

(CHKP)

was down 5 1/8, or 3%, at 175 1/8;

Tumbleweed Communications

(TMWD)

was off 4 1/8, or 5%, at 74; and

RSA Security

undefined

was up 2 9/16, or 4%, at 67 1/8.

Digital Island

(ISLD)

, however, was up 1 1/16, or 1%, at 110 1/16 and

Network Associates

undefined

was also up 3 1/16, or 11%, at 31.

And one of yesterday's hottest stocks,

Network Solutions

(NSOL)

, was at it again. The domain registrar was up 24 1/2, or 8%, at 316 13/16 after gaining 14% yesterday following its earnings report.

Finally,

StarMedia Network

(STRM)

, the Internet portal for Spanish and Portugese-language audiences, was up 7 1/4, or 15%, at 54 1/2, though it traded as high as 61. The company was mentioned as a possible takeover target by some Internet heavyweights in this week's

Inside Wall Street Column

in

Business Week

, including

America Online

(AOL)

,

Yahoo!

(YHOO)

and

Microsoft

(MSFT)

.