Five months ago we introduced the MoPR 500, an “index” of mobility industry stocks. We selected companies across a broad swath of the mobility industry, and “buying” one share of each, we assembled a list of stocks we could purchase for $500; hence the MoPR 500. We were inspired to create this index by forecasts of the stock market’s impending doom. Certainly a lot of what was forecasted as played out. But five months later, how are our mobility stocks doing?
We began at the close of market October 3, 2008 with an index value of $500.49. At Friday’s market close (March 6, 2009) the MoPR 500 was valued at $358.82, a loss of 28.31 percent.
For some context, at the close of the market on October 3, the Dow Jones Industrial Average (DJIA) was valued at $10,325.38. On March 6 the DJIA was valued at $6,626.94, or a loss of 35.82 percent. As we watched the ups and mostly downs of the market these past five months, we observed that our mobility index usually though modestly outperformed the DJIA.
Of our 27 mobility stocks, 26 went down in value. Standing alone was Broadcom (NASDAQ: BCRM). On October 3, a share of Broadcom was worth $16.63, and last Friday it closed at $16.97. Only a 2.04 percent gain, but in this volatile market, who wouldn’t take that? For the most part, Broadcom has traded consistently over $16 per share over the past five months. Perhaps part of the stock’s appeal is that Broadcom recently introduced multimedia chipset technology for mobile phones.
The next four best performing stocks in the top of the of MoPR 500 are:
Sybase (NYSE: SY), purchased for $28.76 and trading last at $26.48 for a loss of 7.93 percent.
Syniverse (NYSE: SVR), purchased for $16.11 and trading last at $14.14 for a loss of 12.23 percent.
Verizon (NYSE: VZ), purchased for $31.24 and trading last at $27.28 for a loss of 12.68 percent.
Neustar (NYSE: NSR), purchased for $18.83 and trading last at $15.63 for a loss of 16.99 percent.
It’s sad when three of the best five performers have double digit losses, but these losses are about half the average loss for the index and about a third of the loss of the DJIA.
Four of the five worst performing stocks comprising the bottom of the MoPR 500 cost about $3.00 per share. At such a low initial value, every cent lost makes the stock drop more percentage-wise. The sole exception was Clearwire, purchased for $9.92 per share. Clearwire is in the midst of a much-watched consumer WiMax service roll out.
The five worst performing stocks of the MoPR 500 are:
Powerwave (NASDAQ: PWAV), purchased for $3.32 and trading last at $0.25 for a loss of 92.50 percent.
Nortel Networks (NYSE: NT), purchased for $2.08 and trading last at $0.32 for a loss of 84.62 percent.
UTStarcom (NASDAQ: UTSI), purchased for $2.88 and trading last at $0.70 for a loss of 75.69 percent.
Clearwire (NASDAQ: CLWR), purchased for $9.92 and trading last at $2.82 for a loss of 71.57 percent.
Alcatel Lucent (NYSE: ALU), purchased for $3.54 and trading last at $1.16 for a loss of 67.23 percent.
You’ve watched the debates and heard the ads, and time is running out to decide and cast your ballot: Who is the best mobility PR agency?
Mobility PR has been nominated in the “Public Relations Firm: Mobile & Wireless Technology” category of the MobileVillage Mobile Star Awards, which means we’re up for Mobile & Wireless PR Agency of year, and we need your vote.
The October 20 voting deadline is fast approaching for the Mobile Star Awards which recognize the top mobile products, achievements and thought leaders as chosen by readers of MobileVillage’s free e-newsletter Go Mobile.
Go Mobile is packed with the web’s top mobile/wireless enterprise news and is delivered approximately every three weeks. The most important trends and news are compiled into a clear concise list of article links so that you do not need to constantly scan multiple news sources for the stories that impact the mobile enterprise industry the most.
This award was tailor-made for Mobility Public Relations as our agency does nothing other than deliver award winning PR programs and results for mobile and wireless technology companies. We hope you agree, and will show us with your vote!
To vote for us and also receive the Go Mobile newsletter for free, please follow these easy steps.
1) Simply go here and sign up for the free Go Mobile newsletter if you don’t already receive it. Once you are subscribed to the newsletter you are eligible to vote.
2) Go here and “Click Here to Vote Now,” find the “Wireless & Mobile Technology PR Firm” category towards the bottom of the list, click on us and submit! (Only one vote per email address.)
It’s that easy and takes less than two minutes! And it’s a win/win. You get to vote for your favorite PR firm and you get a valuable newsletter on the mobile space.
We thank you in advance for your vote and your support!
Text messaging hazardous to your health? It could be if you are texting and not paying attention. According to a report from Fox News, people walking while texting are ramming into walls and doorways, falling down stairs and bumping into lampposts, parked cars and garbage cans. Read the whole piece here.
Women get their game on. New research from the Entertainment Software Association (ESA) reveals that forty percent of gamers are women. Additional findings in the ESA’s annual survey of consumer demographics and usage behaviors indicate that the average age of game players has risen to… 35! This research, says the ESA, shatters the stereotypical image of gaming having, say, a sole audience of slacker male teens.
Other findings of interest:
Sixty-five percent of American households play computer and video games;
Thirty-eight percent of American homes have a video game console;
The average game player is 35 years old;
One out of four gamers are over age 50;
Women age 18 or older represent a significantly greater portion of the game-playing population (33 percent) than boys age 17 or younger (18 percent); and,
Forty-one percent of Americans expect to purchase one or more games this year
Generation Why. A great piece appeared in last week’s edition of Seattle Post-Intelligencer that offered tips on how to communicate with co-workers, across the enterprise and generations. From the article:
In general, boomers (1946-64) still prefer the phones they grew up with, Gen X (1965-82) is big into e-mail, while the youngest members of today’s work force, the “net generation” or the Millennials (1982-now), strongly prefer real-time communication technologies such as IMing and texting.
Interesting. Here at MoPR HQ, we sit mere feet across from each other and do we talk to each other? Yes, of course we do. But, we IM up a storm too. It just seems….easier. On the other hand, if we really want to get in touch with a reporter or writer, we usually pick up the phone to call them. It all depends on the scenario.
Frankly, we think email could be completely extinct in the coming years – many of the generation of youngsters coming up in the ranks will demand Facebook-like apps to communicate with each other and their co-workers. What do you think?
Former Googlers launch their own search site. Called Cuil [Cuil is the Gaelic word for both knowledge and hazel and rhymes with "cool"] the new site generated a ton of buzz, but has gotten tepid responses from the media and users who have actually tried it. We tried it out and were a bit perplexed on the results, but can see the site gaining users. We did like the rollover definitions and imagery that accompanied each search. Our only question… When’s the mobile version?
Five months ago we introduced the MoPR 500, an “index” of mobility industry stocks. We selected companies across a broad swath of the mobility industry, and “buying” one share of each, we assembled a list of stocks we could purchase for $500; hence the MoPR 500. We were inspired to create this index by forecasts of the stock market’s impending doom. Certainly a lot of what was forecasted as played out. But five months later, how are our mobility stocks doing?
