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Stocks Weaker On Market Selloff
Published by: cfz 2008-12-01

The see-saw market sawed some value off today from the big boards to the web boards as ISDEX drops 5% to 499.02. A few notable risers occur in the security software sector, the lepers of Net stocks lately.

  • Network Associates (NASDAQ:NETA), the candidate for pasteurization by acquisition, continues to try to climb. Reminds me of the TV commercial "help, I've fallen and I can't get up." NETA shares rise $2 to $19 1/16 per share on news of a government contract for its intrusion-detection technology. So maybe it's starting to get back up from the disappointing second-quarter results when it reported about 1/10th the revenue in the quarter vs. Q298. On the positive side, its products continue to receive acclaim.

  • Axent (NASDAQ:AXNT) Raptor firewall gets a blue ribbon award from Network World for its comprehensive features. AXNT shares climb to $15 3/16, up $1/2.

    ^XAU: Components for PHLX GOLD AND SILVER SECTOR IND - Yahoo! Finance::
    Yahoo! Finance is a leading financial destination, providing consumers with a broad range of comprehensive Market Overview. Market Stats. Stocks
    http://finance.yahoo.com/q/cp?s=^XAU
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    Australian shares close lower on Telstra sell-off, ex-dividend stocks ::
    (Updating to include prices, dealers comments) said energy stocks such as Woodside weighed on the market from weaker crude oil prices on Friday.
    http://www.forbes.com/markets/feeds/afx/2005/09/05/afx2205824.html
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