eDisasters? iNsanity? Nope. Just a Quiet Friday.
TheStreet.com Internet Sector
index was pretty even, off 3.06 to 720.16.
index was down, off 1.81 to 108.37.
index, however, was last seen with a bar of soap and a towel because it was taking a bath, off 1.36, or 2.7%, to 63.57.
The biggest losers in the sector were
, off 1 1/4, or 4.5%, to 26 7/16;
, off 1 5/16, or 4.6%, to 25 15/16; and
National Discount Brokers
, off 13/16, or 3.0%, to 26 3/16.
Much of the sector's stumble is due to the news that
to neutral from outperform. Schwab, something of a bellwether among the e-financiers, led the losers with a fall of 2 11/16, or 7.5%, to 33 1/16.
Most of the Net's heavy-hitters were off early, fueling speculation that today is the day for profit-taking, especially after
phenomenal run-up early in the week. Yahoo! has given back a bit of that gain, falling 3 11/16 to 186. Bellwethers
were both off. The former was down 1 1/2 to 117, while the latter was off 2 to 85 1/16.
fell 2 5/8, or 2.3%, to 110 3/8.
Overall, there's little news to report. Aside from Schwab's cut, the only other news before the bell comes from online retailer
, which promoted
to CFO. Preview was off 1 3/4, or 4.7%, to 35.