Of these 79 US Application Software Companies, 36 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 36 largest US Application Software Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a huge 54% 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 36 US Application Software Companies have increased by a very robust 338% through February 7, 2014. And all 36 of them had stock price increases.
Below here are the stock market prices of each of these 36 largest US Application Software 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 | |||
| Application Software Company | HQs | 2-7-14 | 3-6-09 | 12-31-07 | 2-7-14 | 3-6-09 | |
| Monotype Imaging Holdings | Woburn | MA | 28.47 | 2.43 | 15.17 | 1072% | -84% |
| Insight Enterprises | Tempe | AZ | 20.49 | 2.10 | 18.24 | 876% | -88% |
| PROS Holdings | Houston | TX | 36.92 | 3.79 | 19.62 | 874% | -81% |
| Catamaran | Lisle | IL | 48.26 | 5.01 | 3.63 | 864% | 38% |
| Manhattan Associates | Atlanta | GA | 33.13 | 3.53 | 6.59 | 839% | -46% |
| Salesforce.com | San Francisco | CA | 61.55 | 7.52 | 15.67 | 719% | -52% |
| CommVault Systems | Oceanport | NJ | 66.52 | 10.51 | 21.18 | 533% | -50% |
| ICG Group | Radnor | PA | 19.68 | 3.45 | 11.74 | 470% | -71% |
| Zix | Dallas | TX | 4.52 | 0.91 | 4.60 | 397% | -80% |
| inContact | Salt Lake City | UT | 8.54 | 1.75 | 4.50 | 388% | -61% |
| Stamps.com | El Segundo | CA | 39.59 | 8.15 | 12.18 | 386% | -33% |
| Red Hat | Raleigh | NC | 56.99 | 13.43 | 20.84 | 324% | -36% |
| NIC Inc | Olathe | KS | 18.98 | 4.48 | 8.44 | 324% | -47% |
| Accelrys | San Diego | CA | 12.50 | 3.24 | 7.53 | 286% | -57% |
| Cadence Design Systems | San Jose | CA | 14.01 | 3.70 | 17.01 | 279% | -78% |
| Adobe Systems | San Jose | CA | 62.88 | 17.16 | 42.73 | 266% | -60% |
| MICROS Systems | Columbia | MD | 54.57 | 15.03 | 35.08 | 263% | -57% |
| Synchronoss Technologies | Bridgewater | NJ | 32.21 | 9.06 | 35.44 | 256% | -74% |
| RealNetworks | Seattle | WA | 7.16 | 2.02 | 6.09 | 254% | -67% |
| Agilysys | Alpharetta | GA | 13.23 | 3.97 | 15.12 | 233% | -74% |
| Aware | Bedford | MA | 6.43 | 1.99 | 4.20 | 223% | -53% |
| American Software | Atlanta | GA | 10.00 | 3.17 | 8.50 | 215% | -63% |
| Intuit | Mountain View | CA | 71.45 | 23.23 | 31.61 | 208% | -27% |
| Guidance Software | Pasadena | CA | 9.47 | 3.09 | 13.96 | 206% | -78% |
| MSCI | New York | NY | 40.28 | 13.42 | 38.40 | 200% | -65% |
| SeaChange Intl | Acton | MA | 11.56 | 4.32 | 7.23 | 168% | -40% |
| Synaptics | San Jose | CA | 58.13 | 21.84 | 27.44 | 166% | -20% |
| Oracle | Redwood City | CA | 37.19 | 14.47 | 22.58 | 157% | -36% |
| Progress Software | Bedford | MA | 24.05 | 10.03 | 22.45 | 140% | -55% |
| Advent Software | San Francisco | CA | 29.62 | 13.04 | 27.05 | 127% | -52% |
| Unwired Planet | Reno | NV | 1.56 | 0.76 | 2.60 | 107% | -71% |
| Nuance Communications | Burlington | MA | 15.72 | 7.99 | 18.68 | 97% | -57% |
| Actuate | San Mateo | CA | 5.83 | 3.03 | 7.77 | 92% | -61% |
| Compuware | Detroit | MI | 10.04 | 5.79 | 8.88 | 73% | -35% |
| Diebold | North Canton | OH | 32.71 | 19.92 | 28.98 | 64% | -31% |
| DTS Inc | Calabasas | CA | 19.52 | 15.35 | 25.57 | 27% | -40% |
| Average % Change all 36 | 338% | -54% |
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 43 additional US Application Software 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 | % | |||||
| Application Software Company | HQs | 2-7-14 | Date | Date | Change | |||
| Finjan Holdings | New York | NY | 8.77 | Jun 2013 | 1.03 | 751% | ||
| SPS Commerce | Minneapolis | MN | 65.90 | Apr 2010 | 13.60 | 385% | ||
| ePlus | Herndon | VA | 57.04 | Sep 2008 | 13.47 | 323% | ||
| Ellie Mae | Pleasanton | CA | 25.02 | Apr 2011 | 6.77 | 270% | ||
| BroadSoft | Gaithersburg | MD | 29.69 | Jun 2010 | 8.30 | 258% | ||
| SolarWinds | Austin | TX | 43.36 | May 2009 | 13.75 | 215% | ||
| Cornerstone OnDemand | Santa Monica | CA | 55.40 | Mar 2011 | 19.07 | 191% | ||
| Proofpoint | Sunnyvale | CA | 39.62 | Apr 2012 | 14.08 | 181% | ||
| Demandware | Burlington | MA | 62.41 | Mar 2012 | 23.59 | 165% | ||
| LifeLock | Tempe | AZ | 21.83 | Oct 2012 | 8.36 | 161% | ||
| Fortinet | Sunnyvale | CA | 21.51 | Nov 2009 | 8.31 | 159% | ||
| Imperva | Redwood Shores | CA | 59.08 | Nov 2011 | 24.00 | 146% | ||
| ChannelAdvisor | Morrisville | NC | 41.52 | May 2013 | 18.44 | 125% | ||
| Splunk | San Francisco | CA | 79.88 | Apr 2012 | 35.48 | 125% | ||
| SciQuest | Cary | NC | 26.95 | Sep 2010 | 12.27 | 120% | ||
| Qualys | Redwood City | CA | 28.39 | Sep 2012 | 14.16 | 100% | ||
| FireEye | Milpitas | CA | 70.73 | Sep 2013 | 36.00 | 96% | ||
| Workday | Pleasanton | CA | 92.56 | Oct 2012 | 48.69 | 90% | ||
| Marketo | San Mateo | CA | 42.34 | May 2013 | 23.10 | 83% | ||
| Tableau Software | Seattle | WA | 89.97 | May 2013 | 50.75 | 77% | ||
| Responsys | San Bruno | CA | 27.00 | Apr 2011 | 15.40 | 75% | ||
| E2open | Foster City | CA | 23.43 | Jul 2012 | 13.60 | 72% | ||
| LogMein | Woburn | MA | 32.24 | Jul 2009 | 20.02 | 61% | ||
| Benefitfocus | Charleston | SC | 66.25 | Sep 2013 | 42.50 | 56% | ||
| Exa | Burlington | MA | 15.00 | Jun 2012 | 9.80 | 53% | ||
| QAD Inc | Santa Barbara | CA | 17.47 | Dec 2010 | 11.50 | 52% | ||
| The KEYW Holding Co | Hanover | MD | 17.11 | Oct 2010 | 11.38 | 50% | ||
| Vringo | New York | NY | 4.19 | Jul 2010 | 2.81 | 49% | ||
| RealPage | Carrollton | TX | 20.91 | Aug 2010 | 14.52 | 44% | ||
| Textura | Deerfield | IL | 27.66 | Jun 2013 | 20.91 | 32% | ||
| Rally Software Development | Boulder | CO | 23.02 | Apr 2013 | 17.81 | 29% | ||
| Cvent | McLean | VA | 37.46 | Aug 2013 | 32.92 | 14% | ||
| RingCentral | San Mateo | CA | 20.26 | Sep 2013 | 18.20 | 11% | ||
| Endurance Intl Group | Burlington | MA | 12.33 | Oct 2013 | 11.25 | 10% | ||
| Mitek Systems | San Diego | CA | 5.53 | Jan 2011 | 6.00 | -8% | ||
| Mattersight | Chicago | IL | 5.84 | Jan 2011 | 7.00 | -17% | ||
| Covisint | Detroit | MI | 9.44 | Sep 2013 | 12.31 | -23% | ||
| Brightcove | Boston | MA | 9.46 | Feb 2012 | 14.30 | -34% | ||
| Marin Software | San Francisco | CA | 9.87 | Mar 2013 | 16.26 | -39% | ||
| Liquid Holdings Group | New York | NY | 4.59 | Jul 2013 | 7.64 | -40% | ||
| Jive Software | Palo Alto | CA | 8.73 | Dec 2011 | 15.05 | -42% | ||
| Rosetta Stone | Arlington | VA | 11.30 | Apr 2009 | 25.12 | -55% | ||
| Bazaarvoice | Austin | TX | 7.10 | Feb 2012 | 16.51 | -57% | ||
| Average 26 Months % Change for all 43 | 100% |
These 43 largest US Application Software Companies with their common stocks first trading subsequent to December 31, 2007 experienced an average stock price appreciation of precisely 100% for the very short 26 average months that their common stocks have been trading.
Clearly, the investors in and employees of a clear majority of these 79 largest US Application Software 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.
Of these 79 largest US Application Software Companies, 29 of them are headquartered in California, then there is a drop down to 10 of them in Massachusetts, and then another drop down to 5 and below spread all around the US in both Blue and Red States.
The more I study the outstanding stock performance of the many technology and biotechnology companies during the Obama Administration, it is easy to see why the economies of both California and Massachusetts are now so robust. Both Governors of these two States have played pivotal roles in the substantial enhancement of their State economies.
Further, so many fine nontechnology companies are heavy users of technology which is necessary to make their companies best of breed.
Clearly, technology is driving all aspects of the US economy. The US is fortunate to be so overwhelmingly dominant in its technology versus the rest of the world. Frankly, I would put more weight on the country's technological dominance than on its military dominance.
But there is a very significant problem here that the US Congress has refused to address. This US technological dominance is leaving most US citizens way behind the curve here, and especially many in the US middle classes and nearly all in the US lower economic classes. They aren't sharing in the fruits of this US technological dominance. This US technological dominance is contributing much to the massive and ever-expanding US Income and Wealth Inequality.
