DEBORAH MARCHINI, CNN ANCHOR: Shares of DoubleClick are expected to open sharply lower this morning. To find out why, we go to the Nasdaq Marketsite and Sasha Salama. What can you tell us, Sasha?</s>SASHA SALAMA, CNN CORRESPONDENT: That's right, Deb. Good morning. Shares of DoubleClick expected to take about a 10-percent hit. They are down in pre-market trade on news that both the Federal Trade Commission and the state of New York have opened investigations into DoubleClick. DoubleClick is the online advertising agency that puts those banner ads on Web sites when you surf the Web. Well, the news here is that the FTC and New York State are looking into whether DoubleClick actually deceived consumers through its consumer tracking practices. The controversy started last month when DoubleClick announced that it would actually start tracking the moves of the Internet users that click on its ads on Web sites and actually combine that information with people's names and addresses. Now, some Wall Street analysts say that this controversy is way overblown and that this investigation is routine. Nonetheless, DoubleClick didn't come clean to the fact that this was happening until yesterday. That was eight days after the online ad agency was notified by the FTC that it was going to be under investigation. So we'll be watching DCLK. We're also watching a few companies that are due out with results today. They include telecom equipment maker Ciena. The Street is expecting 6 cents a share from Ciena after the close today, CIEN. Also after the close, Novell, the business software management company. Wall Street expecting 13 cents from Novell. And also, optical equipment maker Sycamore, SCMR, is out with results. That stock had a huge run-up ahead of the results today. Nasdaq 100 futures right now are up 8. That's not much to write home about, but if it holds, we may see some small advances here at the Nasdaq when trading gets underway -- Deborah.</s>MARCHINI: All right, Sasha. Thanks a lot.
DoubleClick Shares Expected to Open Sharply Lower On News of FTC Investigation