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    Virtualization Vendors Defy Market Plunge

    in Channel News and Analysis
    DATE: 2008-10-28 | By Kathleen A. Martin


    Article Rating:starstarstarstarstar / 2
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    Only VMware and Citrix Systems saw their stocks rises as other technology vendor's fell with the rest of the market in Monday's brisk sell off.

    Technology stocks took another beating Monday as global markets continued to bend under the pressure of the economic downturn.

    Over the last week, technology stocks fell into the red. The only exceptions were the virtualization vendors--VMware, Citrix Systems and EMC--which in the past two days have climed where others have fell.

    The following are closing prices of technology stocks for Monday, Oct. 26.

    Leading Technology Vendor Stocks

    Company

    10/24

    10/26

    Difference

    Adobe Systems (ADBE) 23.89 23.68

    -0.9%

    Adtran (ADTN) 14.37 13.84

    -6.4%

    Alcatel-Lucent (ALU) 2.03 1.52

    -20.1%

    AMD 3.03 2.94

    -28.0%

    Apple (AAPL) 96.38 92.09

    -1.0%

    Arrow Electronics (ARW) 16.07 16.18

    -11.4%

    Resource Library:
    Avnet (AVT) 14.97 15.10

    -12.5%

    BMC Software (BMC) 22.99 22.06

    -2.5%

    CA 14.65 14.37

    -9.7%

    Canon (CAJ) 27.42 24.04

    -11.9%

    Check Point (CHKP) 18.20 17.51

    -3.1%

    Cisco Systems (CSCO) 16.31 16.09

    -8.9%

    Citrix Systems (CTSX) 21.63 21.80

    1.6%

    Data Domain (DDUP) 16.40 16.14

    -0.5%

    Dell 11.50 11.74

    -11.8%

    EMC 9.93 10.01

    2.5%

    FalconStor (FALC) 3.23 3.07

    --

    Foundry Networks (FDRY) 12.67 12.39

    -27.4%

    Google (GOOG) 339.29 329.49

    -8.9%

    HP (HPQ) 32.44 31.18

    -18.3%

    IBM 82.07 79.66

    -9.6%

    Ingram Micro (IM) 12.72 11.86

    -0.1%

    Intel (INTC) 14.28 14.25

    -7.9%

    Juniper Networks (JNPR) 16.50 16.82

    -8.2%

    Lexmark (LXK) 25.18 25.43

    -10.8%

    McAfee (MFE) 27.30 26.72

    -9.0%

    Microsoft (MFST) 21.96 21.18

    -8.2%

    Motorola (MOT) 5.01 5.05

    -10.9%

    NetApp (NTAP) 12.20 11.79

    -7.1%

    Nokia (NOK) 15.44 14.74

    -8.3%

    Nortel Networks (NT) 1.23 1.06

    -22.2%

    Novell (NOVL) 4.11 3.83

    -13.8%

    Oracle (ORCL) 16.20 15.77

    -4.8%

    Polycom (PLCM) 19.51 18.59

    -3.1%

    Rackspace (RAX) 4.97 4.79

    -5.5%

    Red Hat (RHT) 11.37 10.57

    -12.3%

    Research in Motion (RIMM) 44.96 42.66

    -23.8%

    Salesforce.com (CRM) 26.68 25.31

    -15.5%

    SAP 32.57 30.22

    -9.0%

    ScanSource (SCSC) 18.53 17.76

    -10.0%

    Seagate Technology (STX) 7.04 6.69

    -19.9%

    Sun Microsystems (JAVA) 4.48 4.44

    -19.7%

    Sybase (SY) 24.36 23.17

    -3.6%

    Symantec (SYMC) 13.68 13.65

    -10.7%

    Synnex (SNX) 15.11 14.50

    -8.7%

    Tech Data (TECD) 20.32 19.58

    -7.4%

    VeriSign (VRSN) 19.66 18.42

    -15.0%

    VMWare (VMW) 22.13 23.18

    7.0%

    Websense (WBSN) 16.70 16.11

    -11.2%

    Xerox (XRX) 7.45 7.02

    -11.2%





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