THE REAL MOST ACTIVE Mild Loss Leaves Nasdaq With 3rd Down Week.(B)

Byline: CRAIG SHAW

The Nasdaq ended a seesaw session down 0.1% Friday as a soft forecast from chip gear maker Applied Materials hurt sentiment. Volume rose. For the week, the index dipped 1.6%, its third down week in a row.

Columbia Sportswear gapped down 6.88, or 16.2%, to 35.52, closing below its 200-day moving average for the first time since Oct. 10. More than 4.8 million shares changed hands, the most in over a year. The firm beat fourth-quarter earnings estimates but gave a cautious second-half outlook. It said retailers were taking a conservative stance on orders due to the murky economic climate. Websense tanked 5.35, or 25%, to 15.71 on massive trade. The Web monitoring software maker met fourth-quarter views but forecast first-quarter profit at or below targets. It sees profit of 13-14 cents a share on sales of $18.6 million-$18.8 million vs. analysts' 14 cents and $19.2 million. Wells Fargo Securities cut the stock to hold from buy. Gilead Sciences fell 1.74 to 34.90 on fast turnover. The biotech said its fourth-quarter profit fell as sharply higher sales of HIV drug Viread failed ...