fadeOut and fadeIn IE bugs

fadeOut and fadeIn IE bugs

Hi there. I have a table with thumbnail images with a fade effect on
hover. Firefox and Safari render the effect well, but IE is deleting
every image i hover over until the last one in the row. I am using the
latest jQuery download.
you can view the IE bug example here: http://roychavez.com/idc/port/commercial/index.html
this is the script that I am executing.
<script type="text/javascript" src="../../html/jquery-1.3.2.js"></
script>
<script>
$(document).ready(function(){
$("td:img").hover(function(){$(this).fadeOut(50);$(this).fadeIn
(500);});
});
</script>
any obvious suggestions?
thanks!
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