Credit Suisse Disruptive Technology Portfolio Mover Of The Week: Tibco

An index of companies shaking up traditional business models.

InformationWeek Staff, Contributor

January 26, 2007

4 Min Read
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Enterprise software provider Tibco Software led the Disruptive Technology Portfolio's decline last week as investors became worried about signs of weakening in corporate tech spending.

Questions were raised when SAP and McAfee both issued warnings earlier in the month that revenue and earnings for their respective December quarters would come in below forecasts. Those announcements got investors worrying that businesses may not be spending as much on IT as people had previously thought they would. The majority of Tibco's sales come from large companies, with government sales being the remainder. IT spending concerns sent the company's stock price down more than 7% in the week.

The Disruptive Technology Portfolio fell 0.4% last week, compared with the S&P 500, which was up 0.7%. Overall, 11 DTP stocks advanced while 18 declined.

Disruptive Technology Portfolio

Stock Price1/24/07

% ChangeWeekly

% ChangeYear To Date

AAPL

Apple Computer

$86.70

-8.7%

2.2%

BIDU

Baidu.com, Inc.

$124.90

-0.5%

10.8%

BBBB

Blackboard

$28.90

-2.9%

-3.8%

BRCM

Broadcom

$30.69

-1.9%

-5.0%

CNQR

Concur Technologies

$15.08

-3.1%

-6.0%

CRM

salesforce.com

$42.42

-0.5%

16.4%

CTSH

Cognizant Technology

$84.33

2.6%

9.3%

DRIV

Digital River

$51.85

0.1%

-7.1%

EBAY

Ebay

$30.00

0.2%

-0.2%

GOOG

Google Inc.

$499.07

0.4%

8.4%

INFY

Infosys

$58.32

1.6%

6.9%

KNXA

Kenexa

$35.06

7.4%

5.4%

MFE

McAfee

$28.33

-1.6%

-0.2%

MRVL

Marvell

$19.35

-1.3%

0.8%

NOVL

Novell

$7.02

3.2%

13.2%

NSR

Neustar

$31.25

0.5%

-3.7%

NVDA

Nvidia Corp.

$32.88

-4.8%

-11.2%

RHT

Red Hat

$22.05

-1.9%

-4.1%

RIMM

Research in Motion

$127.73

-0.3%

0.0%

RNOW

RightNow Tech

$15.25

-4.7%

-11.4%

TLEO

Taleo

$13.79

2.6%

0.9%

TIBX

TIBCO, Inc.

$8.94

-7.1%

-5.3%

TXN

Texas Instruments

$30.00

3.0%

4.2%

ULTI

Ultimate Software

$24.41

-0.1%

4.9%

VRSN

Verisign

$23.53

-3.0%

-2.2%

WEBX

WebEx Communications

$36.04

4.3%

3.3%

WIND

Wind River

$9.94

-2.5%

-3.0%

WIT

Wipro

$17.34

-2.3%

7.4%

YHOO

Yahoo! Inc.

$28.94

-0.4%

13.3%

DTP Index Value

$259.44

-0.4%

4.2%

SPX

S&P 500

$1,440.13

0.7%

1.5%

© 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.

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