This morning's in-line
Consumer Price Index
report inspired a rally in the stock market and among Internet stocks, but follow-through in the tech sector has been anything but inspiring.
TheStreet.com Internet Sector
index was recently up 14.83, or 2.2%, at 684.69. The DOT peaked at 692.23 about the same time as the
was posting a 200-point gain at midmorning. The market backed off with
speaking this afternoon, though his prepared text had not included any market-moving comments.
While much of the earnings focus in the sector is on
, which reports Wednesday, a couple of high-profile Net companies are scheduled to report after the close today.
was up 6 3/8, or 6.7%, at 101 15/16 in advance of its report. Gains reflect expectations that the company will report a profit for the first time. The estimate from
First Call/Thomson Financial
is for a 4-cent gain.
, which is expected to report a loss of 1 cent, according to First Call, was up 2, or 5.2%, at 40 5/8. Ahead of the announcement, Excite@Home said that it was adding both
as retailers that would sell its high-speed Internet service.
Also on the docket,
, which is expected to report a loss of 12 cents a share, was up 8 1/4, or 3.6%, at 237.
Among other stocks,
was among the top-performing stocks today, recently up 3 5/8, or 12%, at 33 3/8.
raised its price target on the company to 50 from 40 after Liquid Audio reported Monday a third-quarter loss of 28 cents a share, excluding charges, which was narrower than the three-analyst estimate of a 34-cent loss. It also reported revenue of $1.8 million, compared with $1 million a year ago.
was up 1 1/8, or 8.6%, at 14 3/16. The company said that it had partnered with
to sell computer and electronic products through the