Software Stock Update: July 05

The Software Stock Index was up a relatively weak 4.4% in June compared to the NASDAQ's 6.2% overall gain.  The average stock was actually up 6.1% indicating the small caps had a much better month than big caps.  This month's best performning sectors were Business Intelligence (20.7%) thanks to strong Q2 earnings especially from Microstrategy and Applix, Operating Systems (13.6%) thanks to a mild recovery at RedHat, and Healthcare Applications (9.9%).  The worst performing sectors were Wireless Applications (-5.3%) thanks almost exclusively to Infospace's implosion, and Operations Management (+4.1%) thanks to a weak month for  Motive and Intraware  which both gave up almost all of some strong gains they had in June.

For a detailed breakdown of all the stock statistics including a record of all of the M&A in the space, click to here 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.