LONDON -- The London market was not sure whether it was on foot or horseback this morning. Investors weren't sure what to do as the market was leaning toward consolidation after a couple days of modest gains. The

FTSE 100

was lately struggling to maintain a rise of 31.2 points at 6240.5.

There is of course one sector that rises above any inertia -- tech. As the

Nasdaq's

record-breaking run continues, the clamor for tech shows no signs of abating, with the

TechMARK

index up 87 points, or 1.77%, at 5016.9. In order of merit, some of the winners were

Baltimore Technology

, up another 18.75 pounds to 138.00 pounds and

Atlantic Telecom

up 140p to 12.45 pounds.

Interactive Investor International

attracted fresh support in the wake of Thursday's sparkling debut and jumped 39p more to 377.5, while

Psion

moved up 468p more to 65.10 pounds.

Mortgage bank

Halifax

was slow to respond to its results, but is now powering ahead to stand 73p higher at 625. The other banks attracted selective support, with

Barclays

(BCS) - Get Report

up 12p at 16.09 pounds and

Bank of Scotland

33p higher to 579.

Media stocks are back in fashion this morning after pausing for breath for a couple of days.

Pearson

rose above 22 pounds before easing back to stand 35p higher at 21.35 pounds. This follows Thursday's recommendation from

ABN Amro

, reiterating an overweight stance.

The fizz has gone out of soft-drinks-to-chocolate maker

Cadbury Schweppes

, for the time being at least, with shares slipping 4p to 373. Cadbury has risen sharply since unveiling a super set of results earlier in the week.

The Continent's stock markets were mixed, with some issues helped along by merger speculation. The

Xetra Dax

in Frankfurt was up 45.09, or .59%, to 7625.62 and the

CAC 40

in Paris was down 16.14, or 0.26%, to 6138.82.

Leading the gainers in Frankfurt was automaker

BMW

, 1.94 euros higher at 27.14, even though the company denied it was considering a takeover bid from

Ford

(F) - Get Report

. Other auto shares were mixed with

Volkswagen

(VLKAY)

up 1.13 euros at 46.84 and

DaimlerChrysler

(DCX)

down 0.21 euros at 65.48.

Investors were looking at financial issues, but on a case-by-case basis.

Commerzbank

(CRZBY)

was up 0.29 euros to 40.04,

Deutsche Bank

(DTBKY)

was down 0.14 euros at 80.25 and

Dresdner Bank

near unchanged at 50.50 euros.

Telecoms were climbing higher, with

Deutsche Telekom

(DT) - Get Report

up 1.15 euros at 88.15 and

France Telecom

(FTE)

up 2.30 euros at 167.50.

Not all blue-chip tech stocks were higher. Software maker

SAP

(SAP) - Get Report

was up 4.50 euros at 883.50, but

Epcos

(EPC) - Get Report

was down 12 euros to 133.