Tanking Tech Stocks, Trading Troubles and More

It was a week heavy on tech news and, for one stock, light on the clothes.
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Tech and lingerie combined this week for an interesting five days at

TheStreet.com

.

TheStreet.com

covered the

NationsBanc Montgomery Securities Technology Week

like no one else, with more than 15 stories from the conference. True to form, the attention-grabbing sector produced some interesting company news, such as

Preview Travel

(PTVL)

,

Network Associates

(NETA)

,

eBay

(EBAY) - Get Report

and

Advanced Micro Devices

(AMD) - Get Report

, to name just a few.

At the same time, strange events on and off Wall Street also caught

TSC's

attention. Whether it was the grossly pandering

Victoria's Secret

fashion show in support of

Intimate Brands

(IBI)

or the ongoing tech trouble at

E*Trade

(EGRP)

,

TheStreet.com

produced a variety of notable stories this week. If you've missed a few, take a tour of some of the examples listed below.

Updates from the Monty Tech Conference

TSC's

technology staff chased down several stories a day from the Montgomery conference, with contributions from

Spencer Ante

,

Joe Bousquin

,

Marcy Burstiner

,

Suzanne Galante

,

Cory Johnson

and

Medora Lee

. As investors grappled with helium-filled Internet stocks and worries about a tech top, these stories offered insight into company presentations, comments from money managers and a substantial dose of color commentary.

Preview Travel, 8x8 Give Their Spiels

:

http://www.thestreet.com/tech/siliconvalley/701643.html

It's a Broadband Affair

:

http://www.thestreet.com/tech/siliconvalley/710188.html

Tech Sees a Blue Mood Rising

:

http://www.thestreet.com/tech/siliconvalley/713842.html

Or check out the complete coverage at:

NationsBanc Montgomery Securities Technology Week '99

:

http://www.thestreet.com/tech/siliconvalley/691712.html

Victoria's Secret Is a New Way to Market

Amid the lusty hype surrounding the Victoria's Secret's fashion show/Web simulcast on Wednesday, retail reporter

Suzanne Kapner

examined how parent company Intimate Brands is using busty models to sell more than lingerie. It turns out the fashion show is just one way IBI is trying to market its stock to retail investors.

Stock Symbol Is Victoria's Secret No More

:

http://www.thestreet.com/stocks/retail/710543.html

E*Trade Tech Troubles

Trading trouble is nothing new at online brokers, as

TSC's

coverage over the months has shown. But when a broker that touts its technology suffers trading problems because of a software glitch for three days in a row, everybody notices.

TSC

covered E*Trade's problems, caught up with its chief financial officer at the Monty tech conference and looked at the bigger picture.

E*Trade Gets More Attention Than It Bargained For

:

http://www.thestreet.com/stocks/trading/714183.html

Also, check out

Montgomery Tech Week: E*Trade Won't Eat Crow

http://www.thestreet.com/tech/siliconvalley/713855.html

Net Stocks Raising Benchmarks

As Internet stocks creep into the indices used to size up mutual fund performance, fund managers' traditional stock-picking techniques are being tested. Fund maven

Alison Moore

looked at how diversified-fund managers are being pushed to take a hard look at stocks they might otherwise consider too volatile and high-priced.

It's Getting Harder to Beat the Benchmarks Without Net Stocks

:

http://www.thestreet.com/funds/funds/713779.html

Time Warner, AT&T Deal Gravy for the Cable Giant

Time Warner

(TWX)

and

AT&T

(T) - Get Report

announced an agreement Monday to deliver AT&T-branded telephone service through Time Warner's cable television lines. Media/entertainment reporter

Alex Berenson

examined how the deal is easy money for Time Warner.

For Time Warner, Easy Money in AT&T Deal

:

http://www.thestreet.com/stocks/media/701865.html

Short Capitulation in Biotech

Short interest has been tumbling marketwide, but the shorts have been even quicker to get out of biotech. Biotech writer

Jesse Eisinger

explored what's behind their behavior and what it means for the sector.

Buoyant Biotechs Have Shorts Running to Cover

:

http://www.thestreet.com/stocks/biotech/712604.html

Tech Takes a Dive

As the tech sector tanked Thursday, markets writer

Aaron Task

put it in perspective in the Market Roundup. And it's not as if tech was the only thing to watch during trading -- the

Federal Reserve

weighed in on interest rates, the major indices lost ground and some investors sniffed out a place to make money.

Tech Collapse Reflects Growing Unease on Wall Street

:

http://www.thestreet.com/markets/marketroundup/714179.html

The Upside of Capitol Gridlock

When the impeachment squabble eventually gives way to a budgetary squabble, it won't be a headache for everybody. Reporter

David Gaffen

explains how a standoff in the

House

will be good for the bond market because the national debt will continue to be repaid.

Gridlock in D.C. is OK for Treasuries

:

http://www.thestreet.com/markets/marketfeatures/702775.html