Retek, CheckFree Boost B2B HOLDR

Strong fundamental news in the B2B
group Tuesday lifted the B2B HOLDR while the rest of tech-focused
exchange-traded funds had a good day.

The B2B HOLDR
(
BHH |
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rose 10.5%, the
day’s largest
gain among the U.S.-focused exchange-traded
funds
.

The basket of business-to-business
Nets got  help from news-triggered price gains among the components. Retek
(
RETK |
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reported Q4 revenue rose 181% to $32.0 million. Excluding non-cash items, the
software company realized a loss of eight cents a share vs. 18 cents in the
fourth quarter of 1999. The stock surged 16.7%.

After the close, online billing
services provider CheckFree
(
CKFR |
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PowerRating)
Dec. 31 second quarter showed an operating loss of
six cents a share, a penny better than estimates, according to First
Call/Thomson Financial. Revenue increased 48% to $107.7 million.

Among the other B2B Internet HOLDR
stocks, Commerce One
(
CMRC |
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advanced 19.4%, Ariba
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ARBA |
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13.5%.
FreeMarkets
(
FMKT |
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failed to benefit from the group strength. The stock
lost 18.7% after the company posted strong Q4 results but failed to repeat its
common practice of raising future guidance.

Internet Infrastructure HOLDR
(
IIH |
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PowerRating)

added 6.0%, the Biotech HOLDR
(
BBH |
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4.4%, the Dow Jones Internet iShares
(
IYV |
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4.2%, the Nasdaq 100 Tracking Stock
(
QQQ |
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3.5%, the Broadband HOLDR
(
BDH |
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PowerRating)

3..3%.

The top field of all charts in this
commentary uses a logarithmic price scale and displays a 50-day price average in
red. In the second field, a
blue relative strength line represents the displayed security’s price
performance relative to the S&P 500. The third field displays vertical daily
volume bars in black with a 50-day moving average in blue for volume.