Saturday, March 21, 2015

All San Francisco/Silicon Companies Stock Market Prices Up 697% Since March 6, 2009 vs Up 544% Only 4 1/2 Months Ago ..... Do You Think the San Francisco/Silicon Valley Area Companies Might Like Ben Bernanke and Janet Yellen?

Former US Fed Chair Ben Bernanke will be delivering a key economic presentation at the University of Southern Indiana in Evansville, Indiana on March 23, 2015.  It is open to the public and free of charge.

Thus, as a backdrop for this upcoming speech and continuing a much deserved tribute to Bernanke's key role in helping the US avoid a Deep, Prolonged Financial Depression, I think it would be helpful to update just what has been going on with Stock Market Prices for Companies in each US State since March 6, 2009, the lowest point for the overall US Stock Market resulting from the aftershocks of the horrific late 2008 US Financial Meltdown, through the most recent date March 20, 2015......a roughly six year period of time.

Long-term Audited Earnings From Continuing Operations Under US Generally Accepted Accounting Principles (GAAP) drive Long-Term Changes in Stock Market Prices.  These Company Earnings crashed with the late 2008 US Financial Meltdown and thus the linked Stock Market Prices of the related Companies also crashed.

But since the 2008 US Financial Meltdown, these Earnings have been consistently exceptional and thus the Stock Market Prices of the related Companies have also consistently exploded upwardly in the past six years.

This is the dilemma faced by the current US Fed ..... raise US interest rates or continue former US Fed Chair Ben Bernanke's economic policies which have continued to spur Company Earnings and thus also Company Stock Market Prices. 

I think the current US Fed should tweak Bernanke's economic policies some to try to more effectively deal with income and wealth inequality, but why in the world would you want to alter them significantly since they have been so incredibly successful?

And the US Congress, and frankly also US Companies,  just have to do a much better job addressing income and wealth inequality.

San Francisco/Silicon Valley Area Companies stock market prices have been on absolute fire in the past 4 1/2 months.  They experienced spectacular average stock market price growth of 697% for the 6 years since March 6, 2009 through the most recent date March 20, 2015.  This average growth since March 6, 2009 was a substantially lower but still very impressive 544% only 4 1/2 months ago.

Below here are the 193 San Francisco/Silicon Valley Area Headquartered Companies with Stock Market Caps now of at least $100 mil and which have had their common stocks trading from December 31, 2007, or early in 2008 for companies first going public then, through the most recent date March 20, 2015, or the date the Companies were sold, if they were sold since the beginning of 2014.





Market Market Market





Price Price Price






% % %






Change Change Change


Market Market Market 3-6-09 12-31-07 12-31-07


Price Price Price to to to
California Company HQs 3-20-15 3-6-09 12-31-07 3-20-15 3-6-09 3-20-15


$s $s $s


San Francisco/Silicon Valley Area







…..Technology







Sanmina San Jose SF      24.90        1.20      10.92 1975% -89% 128%
PDF Solutions San Jose SF      18.26        0.99        9.01 1744% -89% 103%
Seagate Technology Cupertino SF      56.51        3.11      25.50 1717% -88% 122%
8x8 Inc San Jose SF        8.17        0.46        0.89 1676% -48% 818%
iGATE Fremont SF      43.67        2.56        7.95 1606% -68% 449%
Nanometrics Milpitas SF      18.37        1.11        9.86 1555% -89% 86%
Pixelworks San Jose SF        5.06        0.37        2.28 1268% -84% 122%
Integrated Silicon Solution Milpitas SF      18.86        1.38        6.62 1267% -79% 185%
NetSuite San Mateo SF      95.93        8.15      39.18 1077% -79% 145%
Netflix Los Gatos SF     428.30      38.18      26.62 1022% 43% 1509%
SanDisk Milpitas SF      87.07        7.79      33.17 1018% -77% 162%
Alliance Fiber Optic Products Sunnyvale SF      17.41        1.58        5.05 1004% -69% 245%
Glu Mobile San Francisco SF        4.95        0.46        5.22 976% -91% -5%
Finisar Sunnyvale SF      23.24        2.24      11.60 938% -81% 100%
Cepheid Sunnyvale SF      58.39        5.64        8.50 935% -34% 587%
Apple Cupertino SF     125.90      12.19      28.30 933% -57% 345%
Mattson Technology Fremont SF        3.99        0.42        8.56 850% -95% -53%
Salesforce.com San Francisco SF      67.69        7.52      15.67 800% -52% 332%
VeriFone Systems San Jose SF      36.08        4.02      23.25 798% -83% 55%
Aruba Networks Sunnyvale SF      24.46        2.76      14.91 786% -81% 64%
Fair Isaac San Jose SF      88.05      10.09      32.15 773% -69% 174%
Ultra Clean Holdings Hayward SF        7.80        0.97      12.20 704% -92% -36%
Super Micro Computer San Jose SF      37.16        4.84        7.67 668% -37% 384%
Cavium San Jose SF      73.81      10.59      23.02 597% -54% 221%
Affymetrix Santa Clara SF      12.87        1.89      23.14 581% -92% -44%
Fairchild Semiconductor San Jose SF      19.13        2.89      14.43 562% -80% 33%
Flextronics San Jose SF      12.28        1.94      12.06 533% -84% 2%
JDS Uniphase Milpitas SF      13.90        2.28      13.30 510% -83% 5%
Callidus Software Pleasanton SF      14.26        2.43        5.17 487% -53% 176%
Saba Software Redwood Shores SF        8.82        1.51        5.14 484% -71% 72%
Brocade Communication Syst San Jose SF      12.37        2.16        7.34 473% -71% 69%
SYNNEX Fremont SF      78.57      13.87      19.60 466% -29% 301%
Equinix Redwood City SF     238.95      42.95     101.07 456% -58% 136%
eBay Inc San Jose SF      57.93      10.43      33.19 455% -69% 75%
TIBCO Software Palo Alto SF      24.03        4.66        8.00 416% -42% 200%
Electronics for Imaging Fremont SF      42.06        8.20      22.48 413% -64% 87%
Integrated Device Technology San Jose SF      21.53        4.21      11.31 411% -63% 90%
Autodesk San Rafael SF      60.98      12.02      49.76 407% -76% 23%
Cadence Design Systems San Jose SF      18.66        3.70      17.01 404% -78% 10%
Agilent Technologies Santa Clara SF      42.21        9.05      26.27 367% -66% 61%
Omnicell Mountain View SF      33.82        7.31      26.93 363% -73% 26%
Coherent Santa Clara SF      67.33      14.74      31.57 357% -53% 113%
Adobe Systems San Jose SF      77.36      17.16      42.73 351% -60% 81%
Monolithic Power Systems San Jose SF      56.12      12.91      11.11 335% 16% 405%
Intuit Mountain View SF     100.43      23.23      31.61 332% -27% 218%
LSI Corp San Jose SF      11.14        2.64        9.00 322% -71% 24%
Riverbed Technology San Francisco SF      20.90        4.97      13.37 321% -63% 56%
Trimble Navigation Sunnyvale SF      25.92        6.22      12.68 317% -51% 104%
VMware Palo Alto SF      82.82      19.89      84.99 316% -77% -3%
CEVA Inc Mountain View SF      21.74        5.23      12.21 316% -57% 78%
Move Inc San Jose SF      20.95        5.04        9.80 316% -49% 114%
Lam Research Fremont SF      79.23      19.29      43.23 311% -55% 83%
Tessera Technologies San Jose SF      43.54      10.70      41.60 307% -74% 5%
KLA-Tencor Milpitas SF      63.54      15.63      48.16 307% -68% 32%
Quantum San Jose SF        1.66        0.41        2.69 305% -85% -38%
Check Point Software Redwood City SF      85.12      21.04      21.10 305% 0% 303%
OmniVision Technologies Santa Clara SF      26.06        6.65      15.65 292% -58% 67%
Oplink Communications Fremont SF      24.23        6.24      15.35 288% -59% 58%
Synaptics San Jose SF      84.54      21.84      27.44 287% -20% 208%
Informatica Redwood City SF      44.57      11.64      18.02 283% -35% 147%
Electronic Arts Redwood City SF      57.28      15.31      58.41 274% -74% -2%
Google Mountain View SF     564.95     154.44     346.09 266% -55% 63%
Yahoo! Sunnyvale SF      45.04      13.05      23.26 245% -44% 94%
Silicon Image Sunnyvale SF        7.28        2.11        4.52 245% -53% 61%
Advent Software San Francisco SF      44.18      13.04      27.05 239% -52% 63%
Netgear San Jose SF      33.01      10.11      35.67 227% -72% -7%
Immersion Corp San Jose SF        8.50        2.62      12.95 224% -80% -34%
Infinera Corp Sunnyvale SF      19.12        5.95      14.84 221% -60% 29%
Maxim Integrated Products San Jose SF      36.19      11.49      26.48 215% -57% 37%
Power Integrations San Jose SF      57.52      18.40      34.43 213% -47% 67%
Oracle Redwood City SF      44.41      14.47      22.58 207% -36% 97%
NetApp Sunnyvale SF      37.32      12.90      24.96 189% -48% 50%
Atmel Corp San Jose SF        8.97        3.11        4.32 188% -28% 108%
NVIDIA Santa Clara SF      23.47        8.39      24.67 180% -66% -5%
Applied Materials Santa Clara SF      24.12        8.70      17.76 177% -51% 36%
Pericom Semiconductor Milpitas SF      16.07        5.86      18.70 174% -69% -14%
PLX Technology Sunnyvale SF        6.50        2.39        9.30 172% -74% -30%
Extreme Networks San Jose SF        3.33        1.23        3.54 171% -65% -6%
Synopsys Mountain View SF      47.13      17.53      25.93 169% -32% 82%
Silicon Graphics Fremont SF        9.38        3.51      10.00 167% -65% -6%
DSP Group San Jose SF      11.50        4.42      12.20 160% -64% -6%
GSI Technology Sunnyvale SF        5.80        2.25        2.55 158% -12% 127%
Intel Santa Clara SF      31.31      12.41      26.66 152% -53% 17%
QuickLogic Sunnyvale SF        1.86        0.75        3.30 148% -77% -44%
Micrel San Jose SF      15.63        6.49        8.45 141% -23% 85%
Xilinx San Jose SF      42.27      17.82      21.87 137% -19% 93%
Altera San Jose SF      36.95      15.77      19.68 134% -20% 88%
Linear Technology Milpitas SF      48.53      21.60      30.32 125% -29% 60%
Actuate San Mateo SF        6.60        3.03        7.77 118% -61% -15%
Cisco Systems San Jose SF      28.44      14.18      27.07 101% -48% 5%
Exar Corp Fremont SF      10.69        5.36        7.97 99% -33% 34%
Polycom San Jose SF      13.42        6.76      13.89 99% -51% -3%
Marvell Technology Santa Clara SF      15.72        8.06      13.98 95% -42% 12%
Symantec Mountain View SF      24.38      12.93      16.14 89% -20% 51%
Ultratech San Jose SF      18.79      10.03      11.34 87% -12% 66%
Juniper Networks Sunnyvale SF      23.68      12.67      33.20 87% -62% -29%
IXYS Corp Milpitas SF      12.12        6.52        8.02 86% -19% 51%
PMC-Sierra Sunnyvale SF        9.75        5.35        6.54 82% -18% 49%
Procera Networks Fremont SF        9.76        5.50      14.00 77% -61% -30%
Supertex Sunnyvale SF      32.98      18.67      31.29 77% -40% 5%
Harmonic San Jose SF        7.63        4.59      10.48 66% -56% -27%
Intevac Santa Clara SF        6.56        3.97      14.54 65% -73% -55%
Rambus Sunnyvale SF      12.74        7.84      20.94 63% -63% -39%
ShoreTel Sunnyvale SF        6.72        4.15      13.97 62% -70% -52%
Applied Micro Circuits Sunnyvale SF        5.49        3.47        8.74 58% -60% -37%
Intersil Milpitas SF      15.04        9.99      24.48 51% -59% -39%
Rovi Corp Santa Clara SF      22.20      15.13      18.33 47% -17% 21%
MoSys Santa Clara SF        1.94        1.36        4.85 43% -72% -60%
SunPower Corp San Jose SF      32.87      23.39      37.17 41% -37% -12%
Dolby Laboratories San Francisco SF      39.25      29.13      49.72 35% -41% -21%
Advanced Micro Devices Sunnyvale SF        2.80        2.14        7.50 31% -71% -63%
Oclaro San Jose SF        1.85        1.46      11.90 27% -88% -84%
Hewlett-Packard Palo Alto SF      33.28      26.98      50.48 23% -47% -34%
Sigma Designs Milpitas SF        7.88      15.10      55.20 -48% -73% -86%









Average % Change all 114 Technology




416% -57% 91%







…..Health Care






Jazz Pharmaceuticals Palo Alto SF     189.01        0.62      14.70 30,385% -96% 1186%
Pharmacyclics Sunnyvale SF     257.85        0.86        1.45 29,886% -41% 17683%
Medivation San Francisco SF     135.56        7.64        7.20 1674% 6% 1783%
BioMarin Pharmaceutical San Rafael SF     125.17      10.22      35.40 1125% -71% 254%
DepoMed Newark SF      24.12        2.12        3.26 1038% -35% 640%
BioTime Alameda SF        4.97        0.48        0.48 935% 0% 935%
The Cooper Companies Pleasanton SF     187.44      18.33      38.00 923% -52% 393%
Align Technology San Jose SF      57.18        6.41      16.68 792% -62% 243%
SciClone Pharmaceuticals Foster City SF        8.72        1.08        2.06 707% -48% 323%
Cerus Concord SF        4.29        0.71        6.51 504% -89% -34%
Sangamo Biosciences Richmond SF      17.63        2.99      13.02 490% -77% 35%
McKesson San Francisco SF     229.94      39.38      65.51 484% -40% 251%
Natus Medical San Carlos SF      38.98        6.69      19.35 483% -65% 101%
Corcept Therapeutics Menlo Park SF        5.60        1.00        3.09 460% -68% 81%
Intermune Brisbane SF      73.89      13.63      13.33 442% 2% 454%
Intuitive Surgical Sunnyvale SF     509.03      95.89     323.00 431% -70% 58%
Gilead Sciences Foster City SF     102.29      22.01      23.01 365% -4% 345%
Dynavax Technologies Berkeley SF      22.62        5.50      51.10 311% -89% -56%
Threshold Pharmaceuticals South San Francisco SF        4.42        1.08        3.18 309% -66% 39%
Abaxis Union City SF      65.61      16.14      35.86 307% -55% 83%
Varian Medical Systems Palo Alto SF      94.51      27.73      52.16 241% -47% 81%
Nektar Therapeutics San Francisco SF      12.02        4.21        6.71 186% -37% 79%
Bio-Rad Laboratories Hercules SF     134.98      54.97     103.62 146% -47% 30%
Cutera Brisbane SF      14.04        5.75      15.70 144% -63% -11%
Accuray Sunnyvale SF        8.99        4.09      15.22 120% -73% -41%
Thoratec Pleasanton SF      40.14      20.97      18.19 91% 15% 121%
Sunesis Pharmaceuticals South San Francisco SF        2.60        1.50      11.94 73% -87% -78%
Genomic Health Redwood City SF      32.14      19.57      22.64 64% -14% 42%
Theravance South San Francisco SF      17.03      12.15      19.50 40% -38% -13%
DURECT Cupertino SF        1.68        1.54        6.43 9% -76% -74%
Geron Menlo Park SF        3.98        3.87        5.68 3% -32% -30%
VIVUS Mountain View SF        2.97        3.10        5.18 -4% -40% -43%
Rigel Pharmaceuticals South San Francisco SF        3.45        4.40      25.39 -22% -83% -86%
Exelixis South San Francisco SF        2.82        4.34        8.63 -35% -50% -67%
Cytokinetics South San Francisco SF        7.76      12.36      28.38 -37% -56% -73%
XOMA Berkeley SF        3.99        8.55      50.85 -53% -83% -92%
Xenoport Santa Clara SF        8.38      18.09      55.88 -54% -68% -85%









Average % Change all 37 Health Care




1,972% -51% 661%








…..Finance






KKR Financial Holdings San Francisco SF      11.54        0.48      14.05 2304% -97% -18%
SVB Financial Group Santa Clara SF     125.88      12.06      50.40 944% -76% 150%
Wells Fargo San Francisco SF      56.01        8.61      30.19 551% -71% 86%
Bridge Capital Holdings San Jose SF      26.62        4.34      21.48 513% -80% 24%
Visa San Francisco SF      67.41      12.55      14.13 437% -11% 377%
Prologis San Francisco SF      44.39        9.72      57.56 357% -83% -23%
Essex Property Trust Palo Alto SF     240.55      55.19      97.49 336% -43% 147%
Franklin Resources San Mateo SF      53.35      12.89      38.14 314% -66% 40%
Hercules Technology Growth Capital Palo Alto SF      13.98        3.62      12.42 286% -71% 13%
FNB Bancorp South San Francisco SF      28.40        8.19      17.04 247% -52% 67%
BRE Properties San Francisco SF      61.00      18.28      40.53 234% -55% 51%
Bank of Marin Bancorp Novato SF      51.31      17.80      29.25 188% -39% 75%
Kennedy-Wilson Holdings Beverly Hills SF      26.15        9.44        9.10 177% 4% 187%
Charles Schwab San Francisco SF      30.01      11.36      25.55 164% -56% 17%
Digital Realty Trust San Francisco SF      68.28      26.33      38.37 159% -31% 78%
Heritage Commerce San Jose SF        9.03        3.92      18.39 130% -79% -51%
JMP Group San Francisco SF        8.75        4.15        8.48 111% -51% 3%
Exchange Bank Santa Rosa SF      79.00      40.00     112.00 98% -64% -29%
Redwood Trust Mill Valley SF      18.83      12.45      34.24 51% -64% -45%
Westamerica San Rafael SF      44.58      34.36      44.55 30% -23% 0%
eHealth Mountain View SF      10.24      13.32      32.11 -23% -59% -68%









Average % Change all 21 Financial




362% -56% 51%








…..Services






Williams-Sonoma San Francisco SF      78.70        7.60      25.90 936% -71% 204%
CAI Intl San Francisco SF      24.47        2.63      10.52 830% -75% 133%
Core-Mark Holding South San Francisco SF      65.24        8.45      14.36 672% -41% 354%
Jamba Inc Emeryville SF      15.01        2.00      18.50 651% 0% -19%
Ross Stores Pleasanton SF     107.42      14.73      12.79 630% 15% 740%
Shutterfly Inc Redwood City SF      48.49        7.72      25.62 528% -70% 89%
The Gap San Francisco SF      43.16        9.85      21.28 338% -54% 103%
Robert Half Intl Menlo Park SF      62.95      14.41      27.04 337% -47% 133%
Exponent Menlo Park SF      88.51      24.33      27.04 264% -10% 227%
ARC Document Solutions Walnut Creek SF        8.80        2.86      16.48 208% -83% -47%
Safeway Pleasanton SF      35.10      17.53      34.21 100% -49% 3%
TiVo Inc Alviso SF      10.61        6.50        8.34 63% -22% 27%
URS Corp San Francisco SF      54.20      33.82      54.33 60% -38% 0%
Bebe Stores Brisbane SF        3.53        4.82      12.86 -27% -63% -73%









Average % Change all 14 Services




399% -43% 134%








…..Other Sectors






Adept Technology Pleasanton SF        6.40        1.89        7.95 239% -76% -19%
Landec Menlo Park SF      14.10        4.45      13.40 217% -67% 5%
Simpson Manufacturing Pleasanton SF      37.63      13.92      26.59 170% -48% 42%
Clorox Oakland SF     111.89      46.78      65.17 139% -28% 72%
Chevron San Ramon SF     107.03      58.27      93.33 84% -38% 15%
LeapFrog Enterprises Emeryville SF        2.24        1.26        6.73 78% -81% -67%
Central Garden & Pet Walnut Creek SF      10.28        6.30        5.76 63% 9% 78%









Average % Change all 7 Other




141% -47% 18%








Average % Change all 193 San Fran Bay & Silicon Valley Calif Area Companies

697% -54% 196%