Credit Suisse Disruptive Technology Portfolio Mover Of The Week: Wipro
An index of companies shaking up traditional business models.

By InformationWeek March 3, 2007

URL: http://www.informationweek.com/story/showArticle.jhtml?articleID=197700858

Last week was rocky for the Disruptive Technology Portfolio, which fell 4.3% by mid-week. As of Wednesday, only four stocks were in positive territory, while 25 had declined, with 11 of those falling more than 5%.

Indian IT services provider Wipro had the largest weekly decline in the index, falling 13%. Its shares were affected by a broader sell-off on Tuesday as well as problems specific to India's stock market. The Bombay Stock Exchange's Sensex index lost 5.4% in the week because of concerns that actions the government was taking to tame inflation would negatively affect the economy.

The S&P 500 fell 3.5%. These results weren't altogether surprising, given Tuesday's almost 3.5% drop in the S&P, which was triggered in part by changes to speculative trading rules in China combined with weakening business indicators. It was the 22nd-largest one-day drop in the S&P in the last 20 years and the largest since March 2003.

Disruptive Technology Portfolio

 

 

Stock Price
2/28/07

% Change
Weekly

% Change
Year To Date

AAPL

Apple Computer

$84.61

-5.1%

-0.3%

BIDU

Baidu.com, Inc.

$106.74

-0.3%

-5.3%

BBBB

Blackboard

$33.36

0.7%

11.1%

BRCM

Broadcom

$34.09

-3.9%

5.5%

CNQR

Concur Technologies

$16.17

-5.3%

0.8%

CRM

salesforce.com

$43.24

-9.9%

18.6%

CTSH

Cognizant Technology

$90.20

-4.6%

16.9%

DRIV

Digital River

$55.39

-3.9%

-0.7%

EBAY

Ebay

$32.06

-4.3%

6.6%

GOOG

Google Inc.

$449.54

-5.5%

-2.4%

INFY

Infosys

$54.26

-9.3%

-0.5%

KNXA

Kenexa

$33.69

-6.3%

1.3%

MFE

McAfee

$30.12

-0.4%

6.1%

MRVL

Marvell

$20.52

2.8%

6.9%

NOVL

Novell

$6.62

-5.4%

6.8%

NSR

Neustar

$32.00

-1.5%

-1.4%

NVDA

Nvidia Corp.

$31.00

-4.7%

-16.2%

RHT

Red Hat

$22.45

-6.3%

-2.4%

RIMM

Research in Motion

$140.62

-1.0%

10.1%

RNOW

RightNow Tech

$16.67

0.5%

-3.2%

TLEO

Taleo

$16.00

1.3%

17.0%

TIBX

TIBCO, Inc.

$9.05

-1.3%

-4.1%

TXN

Texas Instruments

$30.96

-0.1%

7.5%

ULTI

Ultimate Software

$26.64

-3.0%

14.5%

VRSN

Verisign

$25.30

-3.8%

5.2%

WEBX

WebEx Communications

$43.43

-9.0%

24.5%

WIND

Wind River

$10.40

-6.1%

1.5%

WIT

Wipro

$15.86

-13.1%

-1.8%

YHOO

Yahoo! Inc.

$30.86

-2.5%

20.8%

 

DTP Index Value

$255.75

-4.3%

2.7%

SPX

S&P 500

$1,406.82

-3.5%

-0.8%

Credit Suisse Disruptive Technology Portfolio

The technology industry has always been driven by innovative and radical ideas, people, and companies. While the last few years have been more about consolidation and rationalization, it's clear that exciting and new disruptive technologies are alive and well. InformationWeek and Credit Suisse have launched the Disruptive Technology Portfolio to track the emergence of companies that are changing the world. Included in this portfolio are companies that are leaders in emerging markets such as wireless, on-demand services, the Internet, and Linux.

________________________________________

Results for Wednesday, February 28, 2007

Wipro Gets Hit From All Sides

Last week was rocky for the Disruptive Technology Portfolio, which fell 4.3% by mid-week. As of Wednesday, only four stocks were in positive territory, while 25 had declined, with 11 of those falling more than 5%.

Indian IT services provider Wipro had the largest weekly decline in the index, falling 13%. Its shares were affected by a broader sell-off on Tuesday as well as problems specific to India's stock market. The Bombay Stock Exchange's Sensex index lost 5.4% in the week because of concerns that actions the government was taking to tame inflation would negatively affect the economy.

The S&P 500 fell 3.5%. These results weren't altogether surprising, given Tuesday's almost 3.5% drop in the S&P, which was triggered in part by changes to speculative trading rules in China combined with weakening business indicators. It was the 22nd-largest one-day drop in the S&P in the last 20 years and the largest since March 2003.

© 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 equity.research@csfb.com or calling 1-877-291-2683.