NEW YORK (CNNfn) - A smidgen of upbeat news for the Internet sector spurred a new round of buying of the pre-eminent stocks there Tuesday.
Getting two thumbs up from investors was MovieFone (MOFN), soaring 3-1/4 to 15-1/15, or 27 percent, after the telephone-based movie listing and ticketing services provider announced it expects a 30 percent gain in usage in 1998.
The company also partnered with three large theater chains that are expected to add another 1,000 screens -- a gain of 40 percent -- to the total number MovieFone services.
Network Solutions (NSOL) exploded up 8-1/2 to 115-1/2 after the Internet domain-name registrar announced a marketing pact with top portal provider Yahoo! (YHOO). Shares of Yahoo! were up 3-7/8 to 195-1/8.
Meanwhile, rival portal Infoseek (SEEK) shot up 5-3/4 to 46-15/16 after Merrill Lynch upgraded that stock in the wake of announcing the new "Go" network with partner Walt Disney (DIS). Shares of Dow issue Disney rose 1/2 to 31-1/8.
And America Online (AOL) rallied 3 to 93-1/4 after announcing a joint venture to develop Spanish and Portuguese language online services for Latin American consumers.
Elsewhere in the sector, Amazon.com (AMZN) rose 7-13/16 to 230-1/16, Net investor CMG Services (CMGI) gained 4-3/4 to 70-3/4, and search engine developer Inktomi (INKT) gained 4-3/8 to 129-3/4.
Two recent initial public offerings in the Internet sector also were on the uptick, with theglobe.com (TGLO) tacking on 2-51/6 to 32-15/16 and Xoom.com (XMCM) gaining 1-7/8 to 23-5/8.
One fruit vendor was slipping on bananas, while a rival weathered a market storm as they tallied the impact on their bottom lines of Hurricane Mitch in Central America last October.
And Fresh Del Monte Produce (FDP) tumbled 2-3/16 to 17-15/16 after saying late Monday it will post weaker-than-expected fourth-quarter results because an expected rise in banana prices hasn't appeared.
But Dole Foods (DOL) was unchanged at 29-3/8 after announcing it will report a fourth-quarter loss and take a $100 million charge due to the effects of Hurricane Mitch.
For a look at the day's market action, and a glimpse at more hot stocks, such as Caterpillar (CAT), Owens Corning (OWC), Eastman Chemical (EWC), General Electric (GE), Sun Microsystems (SUNW), Oracle (ORCL), Cisco (CSCO), and WorldCom (WCOM), click here.