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

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Credit Suisse Disruptive Technology Portfolio Mover Of The Week: McAfee

An index of companies shaking up traditional business models.

Almost every stock in the Credit Suisse Disruptive Technology Portfolio tumbled last week, but security software firm McAfee was hit especially hard following news that the SEC is investigating its stock option practices.

McAfee is the latest IT vendor to become ensnared in the growing stock option scandal. At issue is whether companies boosted the value of options by manipulating the dates on which they were granted, thereby increasing compensation for recipients--often senior executives. The controversy took off after analysis revealed that some companies were much more adept at granting options when their stock was low. Some tech vendors are involved in the scandal, including Broadcom, Comverse Technology, Intuit, Juniper, Mercury, and RSA Security. Many McAfee investors proved unwilling to await the results of an investigation, and the company's shares fell almost 8%.

Overall, the Disruptive Technology Portfolio was down last week, falling 3.2%.

Disruptive Technology Portfolio
    Stock Price
6/14/06
% Change
Weekly
% Change
Year To Date
AAPL Apple Computer $57.61 -1.6% -19.9%
ATYT ATI Technologies $14.66 -5.9% -13.7%
BIDU Baidu.com, Inc. $79.40 -9.4% 26.2%
BBBB Blackboard $23.63 -8.8% -18.5%
BRCM Broadcom $30.60 2.0% -2.7%
CNQR Concur Technologies $13.32 -4.9% 3.3%
CRM salesforce.com $25.37 -6.1% -20.8%
CTSH Cognizant Technology $59.05 -3.3% 17.5%
DRIV Digital River $39.16 -0.2% 31.7%
EBAY Ebay $30.66 -3.9% -29.1%
GOOG Google Inc. $384.39 -0.5% -7.3%
INFY Infosys $65.98 -4.8% -18.4%
KNXA Kenexa $26.90 -3.7% 27.5%
MFE McAfee $22.30 -7.7% -17.8%
MRVL Marvell $48.73 2.1% -13.1%
NOVL Novell $5.85 -1.3% -33.7%
NSR Neustar $28.77 -9.4% -5.6%
NVDA Nvidia Corp. $20.44 -6.3% 11.8%
RHAT Red Hat $25.25 -5.1% -7.4%
RIMM Research in Motion $62.67 -3.5% -5.1%
RNOW RightNow Tech $14.58 0.1% -21.0%
TLEO Taleo $11.18 -8.7% -15.8%
TIBX TIBCO, Inc. $7.00 -1.7% -6.3%
TXN Texas Instruments $28.90 -5.9% -9.9%
ULTI Ultimate Software $21.27 -4.9% 11.5%
VRSN Verisign $21.58 -4.5% -1.5%
WEBX WebEx Communications $28.68 -7.0% 32.6%
WIND Wind River $9.29 2.7% -37.1%
WIT Wipro $10.78 -5.0% -9.8%
YHOO Yahoo! Inc. $29.62 -3.0% -24.4%
  DTP Index Value 206.95 -3.2% -6.3%
SPX S&P 500 1,230.04 -2.1% -1.5%

© 2006 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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Disruptive Technology Portfolio

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