By Category By Month Recent Posts
Consumer Internet IPOs Consumer Internet M&A Enterprise Internet IPOs Enterprise Internet M&A

« Is Microsoft Becoming IBM? | Main | Internet Stocks Update: March/Q1 »


Software Stocks Update: March/Q1

The Software Stock Index was off 2.9% in March compared to the NASDAQ's 2.6% loss.  The average stock was also off 2.7% with small caps slightly outperforming big caps.  This month's worst performning sectors were PC Games (-15.1%) thanks to weakness at Electronic Arts, E-Learning (-11.6%) thanks to the continued implosion of SKillsoft, and Content Management (-10.6%) thanks to no one in particular.  The best performing sectors were Financial Services (+18.8%) thanks to the Sunguard deal, Digital Media (+8.1%) thanks to Adobe and Operating Systems (+7.7%) thanks a small recovery by Red Hat.  For all of Q1, Software stocks were down 10.2% compared to the NASDAQ's 8.1% which is consistent with the conventional wisdom that Q1 is typically the hardest quarter for software stocks.

For a detailed breakdown of all the stock statistics including a record of all of the M&A in the space, click here to download an Excel spreadsheet with the data and click here to get Microsoft's automatic stock quote downloading plug-in for Excel if you don't already have it.

April 6, 2005 in Software, Stocks | Permalink


Legal Disclaimer

The thoughts and opinions on this blog are mine and mine alone and not affiliated in any way with Inductive Capital LP, San Andreas Capital LLC, or any other company I am involved with. Nothing written in this blog should be considered investment, tax, legal,financial or any other kind of advice. These writings, misinformed as they may be, are just my personal opinions.