Credit Suisse Disruptive Technology Portfolio Mover Of The Week: Broadcom - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Business & Finance

Credit Suisse Disruptive Technology Portfolio Mover Of The Week: Broadcom

Stock price slides despite patent truce with Qualcomm.

Chipmaker Broadcom posted one of the biggest stock-price declines last week of all the Disruptive Technology Portfolio companies. The company's 6.4% slide happened despite news that Broadcom and Qualcomm were dismissing patent and trade-secret misappropriation claims against each other in lawsuits pending in San Diego. This is clearly positive for Broadcom, even if it only modestly reduces legal spending.

Investors continue to be wary of Broadcom's exposure to Motorola, which recently said that its March quarter sales won't meet expectations. As a major supplier of Bluetooth chips for Motorola's Razr phones, Broadcom could feel effects from that company's weakness. In addition, sales of Gigabit Ethernet chips have been slow recently, providing further reason for caution about Broadcom.

Overall, the DTP declined 0.8% in the week; the S&P 500 grew 3.2%. Twenty-three stocks ended the week in negative territory; only six were up.

Disruptive Technology Portfolio
    Stock Price
3/28/07
% Change
Weekly
% Change
Year To Date
AAPL Apple Computer $93.24 -0.7% 9.9%
BIDU Baidu.com, Inc. $99.25 -1.7% -11.9%
BBBB Blackboard $33.86 -4.7% 12.7%
BRCM Broadcom $31.27 -6.4% -3.2%
CNQR Concur Technologies $17.22 -1.0% 7.4%
CRM salesforce.com $42.95 -1.2% 17.8%
CTSH Cognizant Technology $90.36 -2.8% 17.1%
DRIV Digital River $55.38 0.9% -0.7%
EBAY Ebay $33.11 3.0% 10.1%
GOOG Google Inc. $461.88 1.2% 0.3%
INFY Infosys $50.46 -6.7% -7.5%
KNXA Kenexa $30.93 -1.2% -7.0%
MFE McAfee $29.39 -1.3% 3.6%
MRVL Marvell $17.09 -5.4% -10.9%
NOVL Novell $7.18 -0.1% 15.8%
NSR Neustar $28.52 -3.5% -12.1%
NVDA Nvidia Corp. $29.21 -2.5% -21.1%
RHT Red Hat $23.52 -1.3% 2.3%
RIMM Research in Motion $135.91 0.7% 6.4%
RNOW RightNow Tech $16.49 0.7% -4.2%
TLEO Taleo $16.33 -0.5% 19.5%
TIBX TIBCO, Inc. $9.01 -2.0% -4.6%
TXN Texas Instruments $30.70 -3.2% 6.6%
ULTI Ultimate Software $26.03 -1.1% 11.9%
VRSN Verisign $24.99 -2.3% 3.9%
WEBX WebEx Communications $56.61 -0.6% 62.3%
WIND Wind River $9.94 -2.4% -3.0%
WIT Wipro $16.14 -2.6% -0.1%
YHOO Yahoo! Inc. $31.41 0.4% 23.0%
  DTP Index Value $256.83 -0.8% 3.2%
SPX S&P 500 $1,417.23 -1.2% -0.1%

© 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.

View the most recent results of the
Disruptive Technology Portfolio

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2020 State of DevOps Report
2020 State of DevOps Report
Download this report today to learn more about the key tools and technologies being utilized, and how organizations deal with the cultural and process changes that DevOps brings. The report also examines the barriers organizations face, as well as the rewards from DevOps including faster application delivery, higher quality products, and quicker recovery from errors in production.
Slideshows
10 Top Cloud Computing Startups
Cynthia Harvey, Freelance Journalist, InformationWeek,  8/3/2020
Commentary
Adding Fuel to the MSP vs. In-house IT Debate
Andrew Froehlich, President & Lead Network Architect, West Gate Networks,  8/6/2020
Commentary
How Enterprises Can Adopt Video Game Cloud Strategy
Joao-Pierre S. Ruth, Senior Writer,  7/28/2020
Register for InformationWeek Newsletters
Video
Current Issue
Enterprise Automation: Do More with Less
In this IT Trend Report, we highlight the benefits of automation and the various tools as enterprises navigate turbulent times, try to do more with less, keep their operations running, and stay on track with digital modernizations.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll