TCS Daily

The Glassman Technology Top Thirty, Building the New Economy

By James K. Glassman - February 23, 2000 12:00 AM

What are the thirty greatest technology companies in the United States? Attempting to answer that question is sort of like A&E's Biography picking the greatest people of the Millennium. It's guaranteed to start an argument.

Well, I'm game for that argument. I've compiled my list based on my own highly-subjective criteria and my determination to help technology investors understand and profit from the stock market. I'll be up front and tell you that my list of America's thirty greatest techs - The Glassman Tech Top 30 (GTTT) - is not the product of a computer program. I did not use a mathematical formula to identify the magic 30.

Instead, I looked at the companies driving innovations, not just in technology itself, but in using that technology to serve consumers. Almost every firm in my GTTT is a leader in its space, and most are delivering rapid earnings growth, but not all of them are. When investing in technology, sometimes I buy for love, not reason. For example, has never made a nickel and will not make a profit this year. Still, I believe that they've created a better customer experience than any other e-commerce company, and they've established a powerful brand, both of which make me bullish on their future.

While I've included tech giants like IBM and Intel in my GTTT, other names on the list are not so famous. For example, you may not be familiar with Proxicom, but perhaps you should be. Proxicom designs and builds websites for a growing number of blue-chip companies, including GE and Mobil Oil. However e-commerce develops, whether its b2c (business-to-consumer) or b2b (business-to-business) or whatever the next e-buzzword is, Proxicom provides essential services to a growing market.

You also may not know Digex, but investors who've gotten to know this website management company have been glad they did. As a matter of fact, we've selected Digex for this week's GTTT company profile, so you can click here to learn more.

Of course, I don't just root for the underdogs. I've also included plenty of big companies with deservedly high valuations in my Top 30. Microsoft, Cisco, and Dell certainly belong on anyone's list of the top techs.

Okay, enough with the introduction. I give you my selections for the greatest technology companies in the USA - the Glassman Tech Top 30. Click here for the GTTT!

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