Abby Joseph Cohen has jumped on the James Cramer bandwagon, in effect telling investors to take some money off the table, something Cramer has been harping on for a couple of weeks.

Goldman's

influential analyst cut her recommended exposure to equities by 5% to 65%, and upped her exposure to cash by that same 5%. Her balanced aggressive portfolio now is made up of 65% equities, 27% fixed-income, 5% cash and 3% commodities. After a back-and-forth start, Internet stocks were beginning to see some selling in reaction to the changes. (And Cramer's

buying the weakness.)

TheStreet.com Internet Sector

index was down 19.05, or 1.51%, to 1241.92.

TheStreet.com New Tech 30 was down 5.3, or 0.7%, to 812.20.

Among stocks in the news,

eBay

(EBAY) - Get Report

was down 7/16, or 0.18%, to 239 3/8. The stock has flourished since reports surfaced about a potential partnership or merger with

Yahoo!

(YHOO)

. Today,

PaineWebber

upped its price target to 285 from 225 by the end of the year.

PaineWebber analyst Sara Farley wrote that several new initiatives should expand eBay's reach significantly, in particular its

Billpoint

online payment service, which she wrote "has the potential to become a significant part of eBay's business over the next several years." PaineWebber has not done underwriting for eBay.

Farley did not touch on a potential partnership with Yahoo!, as did a note from

William Blair & Company

analyst David Ricci. Ricci wrote that if a partnership did not materialize, eBay stock "may be at risk." Ricci also noted that following release of first-quarter earnings next month, eBay will face declining seasonality after peaking in the first quarter, and that last year, eBay's stock peaked in April and declined steadily until August. Blair & Company has not done underwriting for eBay.

Yahoo! was down 5, or 2.5%, to 195 3/4. The company said today it was teaming with

Shutterfly

to offer an online digital photo service. The service will allow users to upload photos, create photo albums and order high-quality digital prints.

Elsewhere,

About.com

(BOUT) - Get Report

was up 1 13/16, or 2%, to 90 1/4 after announcing late yesterday that it was buying

Sombasa Media

, a privately held online direct media company. About.com will issue 400,000 shares of stock for Sombasa, placing value of the deal at $35.4 million.

Efficient Networks

(EFNT)

was down 12 9/16, or 7%, to 159 after it said it would

acquire Internet security products developer

NetScreen Technologies

in a stock deal valued at $905 million. The maker of high-speed digital subscriber line technology will issue 5.28 million shares of stock for all of NetScreen's stock and options.

Autoweb.com

(AWEB)

advanced 1 1/2, or 18%, to 9 11/16 after the online auto dealer said it would post better-than-expected results for the first quarter. Autoweb said it expects that revenue for the quarter will be between $14 million and $15 million, 5% to 10% above original estimates. And first-quarter losses are expected to be at least 25% below the company's original estimates, basically because the company was thrifty and hired less staff than anticipated.

Akamai Technologies

(AKAM) - Get Report

was down 3 5/8, or 1.7%, to 205 1/16. The company said today that

Morgan Stanley Dean Witter

had approved a partial early release of lockup agreements for 1.94 million shares of stock. The same group of investors agreed to extend through Aug. 24 lockup on the 7.6 million shares that were not part of the early release. Morgan Stanley also approved partial early release of approximately 300,000 shares held by certain nonmanagement stockholders of the company in exchange for their agreement to extend through July 25 their existing lockup on approximately 5.7 million shares that are not part of the early release. Both partial releases will be effective before the market opens tomorrow.

Separately, Akamai said it had entered into an agreement with

CacheFlow

(CFLO)

on a strategic alliance to integrate caching and content-delivery technologies designed to accelerate and optimize Web performance. CacheFlow was down 2, or 1.6%, to 120.

Juniper Networks

(JNPR) - Get Report

was one of the leading point gainers on the

Nasdaq

, up 16 1/2, or 6%, at 292 15/16 in anticipation of the company's announcment that it will introduce a new high-performance router.