Google in February began offering a low-cost suite of online software that includes e-mail, calendaring, and word processing. With Postini, Google will be able to address security, too. Once again, Google appears to be challenging Microsoft's dominance on the desktop by offering a low-cost alternative that's up and running quickly with no hardware to provision; no software to buy, install, and configure; and no expensive IT administrators to maintain it.
Google's stock price rose to a new high of $548.74 after the announcement, then fell back to $544.47, up 1.9%.
Overall, the Disruptive Technology Portfolio grew 3%, while the S&P 500 fell 0.4%. Sixteen stocks ended the week up and 12 declined.
| Disruptive Technology Portfolio | ||||
| Stock Price 6/20/07 |
% Change Weekly |
% Change Year To Date |
||
| AAPL | Apple Computer | $121.55 | 2.3% | 43.3% |
| BIDU | Baidu.com, Inc. | $152.40 | 12.3% | 35.2% |
| BBBB | Blackboard | $41.15 | -1.8% | 37.0% |
| BRCM | Broadcom | $29.95 | -1.7% | -7.3% |
| CNQR | Concur Technologies | $22.05 | 9.8% | 37.5% |
| CRM | salesforce.com | $44.88 | -7.9% | 23.1% |
| CTSH | Cognizant Technology | $76.56 | -3.0% | -0.8% |
| DRIV | Digital River | $50.53 | 0.9% | -9.4% |
| EBAY | Ebay | $31.12 | -6.3% | 3.5% |
| GOOG | Google Inc. | $509.97 | 2.3% | 10.7% |
| INFY | Infosys | $51.70 | 4.9% | -5.2% |
| KNXA | Kenexa | $36.47 | -4.4% | 9.7% |
| MFE | McAfee | $34.75 | -3.7% | 22.4% |
| MRVL | Marvell | $17.36 | 11.5% | -9.5% |
| NOVL | Novell | $7.91 | 7.5% | 27.6% |
| NSR | Neustar | $27.79 | -4.7% | -14.3% |
| NVDA | Nvidia Corp. | $39.86 | 16.9% | 7.7% |
| RHT | Red Hat | $23.80 | 3.7% | 3.5% |
| RIMM | Research in Motion | $168.59 | 2.4% | 31.9% |
| RNOW | RightNow Tech | $16.24 | 1.6% | -5.7% |
| TLEO | Taleo | $21.25 | 7.3% | 55.4% |
| TIBX | TIBCO, Inc. | $8.70 | -2.1% | -7.8% |
| TXN | Texas Instruments | $36.75 | 5.0% | 27.6% |
| ULTI | Ultimate Software | $28.19 | 0.5% | 21.2% |
| VRSN | Verisign | $28.94 | -1.7% | 20.3% |
| WIND | Wind River | $11.05 | 7.1% | 7.8% |
| WIT | Wipro | $15.79 | -2.5% | -2.2% |
| YHOO | Yahoo! Inc. | $27.66 | -2.5% | 8.3% |
| DTP Index Value | $288.61 | 2.2% | 15.9% | |
| SPX | S&P 500 | $1,512.84 | -1.1% | 6.7% |
© 2007 Credit Suisse. Important disclosure information about potential conflicts of interest regarding the companies referenced above may be obtained at csfb.com/researchdisclosures, or by E-mailing [email protected] or calling 1-877-291-2683.
Disruptive Technology Portfolio