THE REAL MOST ACTIVE Afternoon Selling Dampens Nasdaq's Early Gains.(B)

Byline: KEN HOOVER

The Nasdaq managed to hold onto a 0.2% gain Friday as an afternoon sell-off sent the Dow Jones industrials and the S&P 500 lower. But the tech-heavy Nasdaq 100 slid 0.3%.

World Acceptance was the star of the day, rising 2.41 to 22.30. It broke out of a tight, seven-week base on seven times the average volume. There was no discernible news. The Greenville, S.C., company makes small loans to people who generally can't get credit and operates out of 470 offices, mostly in the South. Its Earnings Per Share Rating is 93 and Relative Strength Rating is 84. The firm has met or beaten views the past eight quarters.

Westlake Village, Calif., sneaker maker K-Swiss went to an all-time high, although the afternoon swoon sent the stock into the lower half of its daily range. It rose 1.55 to 25.65. The company completed a 2-for-1 stock split Friday. Its last split was June 24, 2002.

Last quarter, K-Swiss reported earnings of 40 cents a share, while analysts were expecting only 25. Analysts see a 77% jump next quarter.

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