HPC Matters is a joint blog consisting of contributors from the Tabor Communications team on their observations and insights into HPC matters.
May 07, 2009
A year ago, when HPCwire was launching our fabulous new design and site infrastructure, we added a feature that was new to the site: The HPCwire Market Watch. If you aren't familiar with it, The HPCwire Market Watch is essentially a market index of HPC related public companies. It's like the Dow Jones Industrial Average, but specifically for HPC. The index is calculated from the stock prices of 35 of top publically-traded HPC-related companies. At the time of this writing, the index is priced at 780.88, down 22.53 points from yesterday.
Needless to say, along with the rest of the world, the HPCwire Market Watch index has taken a beating since September of last year. The 52-week high for the index was 1133.94 in May of 2008. The 52-week low happened just weeks ago in March, when the index hit the floor at 593.52 -- just about half of what the 52 week high was. We all felt it, even if you weren't paying any particular attention to this indicator.
That sad bit of news aside, the floor happened to be a solid one, because the HPC-MW index bounced from that point and has been comfortably trending upwards:
The bad news is, the HPC-MW index is currently about 350 points below its 52-week high. The good news is that year-to-date, we're at the ceiling and trending upwards.
Can you smell that in the air?
Posted by Isaac Lopez - May 07, 2009 @ 4:28 PM, Pacific Daylight Time
Isaac Lopez is the Marketing Director for Tabor Communications.
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