At market close on Friday, the Triple-I Technology Index was up 10 points (1%) to 882.7.
Emitch (EMI) was amongst an army of entrants defending Triple-I territory. It's shares were on the ricochet in the day's trade -- up 12.6 percent to $1.16 by midday from the previous day's $1.03. They fell slightly to $1.14 in afternoon's trade and bounced back up to $1.18 by the end of trade.
Internet security company Securenet (SNX) saw its shares going great guns in the morning - up 6.75 percent to $8.86 from Thursday's close price of $8.30. They are still out of shape, however, in comparison to their value of $13.8 at the beginning of the week.
Also manning the Triple-I Index fort was Austar (AUN) whose shares were back in favour and up 7.36 percent to $7.73. It maintained this frontline figure but fell slightly to $7.70 by the end of the day.
ERG Ltd (ERG), Kerry Packer's Ecorp (ECP), Netcomm (NTC) and Etrade (ETR) were also in position at the Triple-I Index battle stations, reversing the previous days' downward trend by 4.72 percent, 4.14 percent, 3.23 percent 3.13 percent and respectively at midday.
Eisa, however, was biting the bullet. In afternoon's trading it was down 22.80 percent to $2.02 from Thursday's $2.60. It continued to wave the white flag for most of the remainder of the day, finally surrendering at $2.10.
Amongst the walking wounded were Realestate (REA) and Sanity.com (SDC). Realestate, down 4.43 percent to $0.43 at midday, plummeted even further $0.40 -- ending the day at an all-time low of $0.39.
Sanity.com's shares fell 8.21 percent to $1.29 from the previous day's $1.40. It kept its head down for the most of the day before hitting the deck at $1.15.
Further afield, Health Com (HCN) was looking healthier than many others, up 11.54 percent to $2.90. However, it still hadn't recuperated its high of $4.70 at the end of last month.
Will Australian investors come out of their bunkers? Find out from Inter@ctive Investor next week.
The ZDNET Triple-I Australian Technology Index tracks 36 Australian companies selected by ZDNet Australia's editors to act as indicators of the new economy in Australia. More information on new economy stocks, including free live quotes, breaking news & analysis, personal portfolio setup, individual stock tracking, charts and ASX announcements, can be found at www.zdnet.com.au/investor
