TECHNOLOGY SHARES.(Brief Article)

Economist (US), The, April, 2000

Volatile share prices have caused big swings in the market capitalisation of technology companies. On April 17th Cisco, an Internet-router firm, was the most valuable technology company (worth $455 billion), ahead of Intel, a chip maker, ($411 billion). Earlier this month, Cisco was briefly the world's most valuable firm, topping General Electric--as, before that, was Microsoft, now third in our chart.

IBM is virtually an "old-economy" stock by comparison with newcomers such as Qualcomm, a wireless products firm.