Of these 34 US Communication Equipment Companies, 27 of them also had their common stocks trading on each of the following three dates:
- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 7, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 27 largest US Communication Equipment Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a huge 48% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly less than five years since March 6, 2009, the average stock prices of these same 27 largest US Communication Equipment Companies have increased by a spectacular 658% through February 7, 2014, led by Oxnard, CA-based CalAmp's incredibly off-the-charts 7,285% stock price growth. Three other companies had stock market price increases above 1,600%.....San Jose, CA-based 8x8 (up 2,048%), Plymouth, MN-based Clearfield (up 1,954%) and Aurora, IL-based Westell Technologies (up 1,659%).
Clearly, the investors in and employees of a clear majority of these 27 largest US Communication Equipment Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.
Below here are the stock market prices of each of these 27 largest US Communication Equipment Companies having their stocks trading on February 7, 2014, on March 6, 2009, and also on December 31, 2007:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Communication Equipment Company | HQs | 2-7-14 | 3-6-09 | 12-31-07 | 2-7-14 | 3-6-09 | |
| CalAmp | Oxnard | CA | 28.80 | 0.39 | 2.78 | 7285% | -86% |
| 8x8 Inc | San Jose | CA | 9.88 | 0.46 | 0.89 | 2048% | -48% |
| Clearfield | Plymouth | MN | 23.00 | 1.12 | 1.01 | 1954% | 11% |
| Westell Technologies | Aurora | IL | 4.08 | 0.23 | 1.44 | 1659% | -84% |
| Zhone Technologies | Oakland | CA | 3.90 | 0.65 | 5.85 | 500% | -89% |
| Numerex | Atlanta | GA | 13.70 | 2.34 | 8.25 | 484% | -72% |
| JDS Uniphase | Milpitas | CA | 13.27 | 2.28 | 13.30 | 482% | -83% |
| Loral Space & Communications | New York | NY | 76.34 | 13.38 | 34.25 | 471% | -61% |
| Frequency Electronics | Mitchel Field | NY | 11.77 | 2.18 | 9.65 | 440% | -77% |
| Motorola Solutions | Schaumburg | IL | 64.60 | 12.70 | 16.04 | 409% | -21% |
| Arris Enterprises | Suwanee | GA | 26.05 | 6.37 | 9.98 | 309% | -36% |
| Ciena Corp | Hanover | MD | 22.73 | 6.11 | 34.11 | 272% | -82% |
| ViaSat | Carlsbad | CA | 59.60 | 16.51 | 34.43 | 261% | -52% |
| Netgear | San Jose | CA | 32.47 | 10.11 | 35.67 | 221% | -72% |
| EchoStar | Englewood | CO | 47.17 | 14.69 | 18.83 | 221% | -22% |
| KVH Industries | Middletown | RI | 13.21 | 4.90 | 8.06 | 170% | -39% |
| Sonus Networks | Westford | MA | 3.05 | 1.19 | 5.83 | 156% | -80% |
| Harris Corp | Melbourne | FL | 70.92 | 31.41 | 62.68 | 126% | -50% |
| QUALCOMM | San Diego | CA | 74.41 | 33.63 | 39.35 | 121% | -15% |
| ShoreTel | Sunnyvale | CA | 7.91 | 4.15 | 13.97 | 91% | -70% |
| ADTRAN | Huntsville | AL | 25.20 | 14.14 | 21.38 | 78% | -34% |
| Communications Systems | Minnetonka | MN | 11.72 | 7.01 | 11.87 | 67% | -41% |
| Infinera Corp | Sunnyvale | CA | 8.51 | 5.95 | 14.84 | 43% | -60% |
| Harmonic | San Jose | CA | 6.46 | 4.59 | 10.48 | 41% | -56% |
| Comtech Telecommunications | Melville | NY | 30.04 | 36.03 | 54.01 | -17% | -33% |
| Aviat Networks | Santa Clara | CA | 2.01 | 3.45 | 16.70 | -42% | -79% |
| TeleCommunication Systems | Annapolis | MD | 2.16 | 8.04 | 3.56 | -73% | 126% |
| Average % Change all 27 | 658% | -48% |
And in the chart below are the stock market prices on February 7, 2014 and on the close of the first trading date of the 7 additional US Communication Equipment Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:
| Closing | ||||||||
| Month | Price | |||||||
| Of | On | |||||||
| Market | First | First | ||||||
| Price | Trading | Trading | % | |||||
| Communication Equipment Company | HQs | 2-7-14 | Date | Date | Change | |||
| Parametric Sound | Poway | CA | 14.99 | Mar 2012 | 4.25 | 253% | ||
| Barracuda Networks | Campbell | CA | 32.20 | Nov 2013 | 21.55 | 49% | ||
| Mavenir Systems | Richardson | TX | 12.94 | Nov 2013 | 9.55 | 35% | ||
| CommScope Holding | Hickory | NC | 18.21 | Oct 2013 | 14.99 | 21% | ||
| Vocera Communications | San Jose | CA | 16.26 | Mar 2012 | 21.03 | -23% | ||
| Calix | Petaluma | CA | 8.18 | Mar 2010 | 15.10 | -46% | ||
| Envivio | South San Francisco | CA | 3.69 | Apr 2012 | 8.49 | -57% | ||
| Average % Increase all 7 | 33% |
Of the 34 US Communication Equipment Companies with Market Capitalizations above $100 mil, 16 of them, or nearly half of them, are headquartered in California.
With the massive and continuing US technology turnaround during both the Obama Administration and California Governor Brown's Administration, coupled with the fact that many key employees in the Technology Sector have their compensation heavily common stock based, it is easy for me to see why California's Current Budget Net Financial Position substantially surprised nearly everyone very positively on the upside.
