Stock Market Prices of the G6 Electronics IP Providers
Measured at the ends of Q1 2010, Q4 2009 and Q1 2009, Table 3 below shows that the combined G6 (total) stock price in Q1 2010 underperformed the NASDAQ Composite sequentially (1.38% vs. 5.68%). But the combined G6 (total) stock price in Q1 2010 outperformed NASDAQ by plenty year-over-year (107% vs. 57%). (All of the G6 firms are listed on the NASDAQ).
Relative to Q1 last year, the ARM, MOSYS, RAMBUS and VIRAGE LOGIC stock prices in Q1 this year each enjoyed over triple-digit percentage rises, with ARM leading the percentage parade at +146%. On the other hand, CEVA's 60% YOY rise barely nosed out the NASDAQ's rise of 57%, while MIPS at 52% was just a tad behind the YOY NASDAQ percentage rise.
Sequentially (Q1 10 vs. Q4 09), only the stock prices of ARM at +24% and VIRAGE LOGIC at +43% did better than the NASDAQ's miserly 5.7% rise, with CEVA and RAMBUS actually enduring negative stock price performances as of March 31, 2010 compared to December 31, 2009.
Recent Market Caps:
Table 4: A look at the closing Market Caps of five of the G6 Electronics IP Vendors on May 5, 2010, compared to February 5, 2010.
In just two months, the G5 picked up $676,380,000 in Market Capitalization, or 23.5%, while the overall NASDAQ Composite index gained 12.2% during the same two months.
The writer would like to acknowledge the sources of data and information for this Electronics IP Commentary for June 2010: Vendor News Releases; Hoover's; Yahoo! Finance; Google Finance; The SIA; and The EDA Consortium. Ongoing support by the team at IBSystems, Inc., including but not limited to Sanjay Gangal, Adam Heller, David Heller, Jon Heller, Nitai Fraenkel, and Sumit Singhal, is also appreciated.
About the Author of this June 2010 Electronics IP Commentary:
Since 1996, Dr. Russ Henke has been president of HENKE ASSOCIATES, a San Francisco Bay Area high-tech business & management consulting firm. The number of client companies for Henke Associates now numbers more than forty. During his corporate career, Henke operated sequentially on "both sides" of MCAE/MCAD and EDA, as a user and as a vendor. He's a veteran corporate executive from Cincinnati Milacron, SDRC, Schlumberger Applicon, Gould Electronics, ATP, and Mentor Graphics. Henke is a Fellow of the Society of Manufacturing Engineers (SME) and served on the SME International Board of Directors. Henke was also a board member of SDRC, PDA, ATP, and the MacNeal Schwendler Corporation. He is also a member of the IEEE and a Life Fellow of ASME International. In April 2006, Dr. Henke received the 2006 Lifetime Achievement Award from the CAD Society, presented by CAD Society president Jeff Rowe at COFES2006 in Scottsdale, AZ. In February 2007, Henke became affiliated with Cyon Research's select group of experts on business and technology issues as a Senior Analyst. This Cyon Research connection aids and supplements Henke's ongoing, independent consulting practice (HENKE ASSOCIATES). Dr. Henke is also a contributing editor of the EDACafé EDA WEEKLY, and he has published seven monthly articles since November 2009; URL's available,
Since May 2003 HENKE ASSOCIATES has now published a total of eighty-nine (89) independent COMMENTARY articles on MCAD, PLM, EDA and Electronics IP on IBSystems' MCADCafé and EDACafé. Further information on HENKE ASSOCIATES, and URL's for past Commentaries, are available at http://www.henkeassociates.net. March 31, 2010 marked the 14th Anniversary of the founding of HENKE ASSOCIATES.
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