AOL Down Despite Chase H&Q's Comments

AOL

(AOL)

was down 9.3% in late morning.

Chase H&Q

reiterated its buy rating, saying the recent selloff in the stock represents a buying opportunity. Other Internet stocks were down as well.

Amazon.com

(AMZN) - Get Report

was down 13.5%,

eBay

(EBAY) - Get Report

was off 14.7% and

Yahoo!

(YHOO)

was down 8.3%.

TheStreet.com Internet Index

(DOT)

was down 7.5%.