I wrote a couple of days ago about how our company and its competitors were taking a beating in the stock market. Here is a chart showing how we all are tracking pretty much the same. It's pretty much a market perception kind of thing. We are ARK. I know the company is spelled ARC, but that's the way it was chosen to be listed on the London Stock Exchange. ARM makes processors that are in lots of embedded applications. PRH is Parthus, another major IP vendor.
When the market again regains some confidence in tech stocks, things should recover. I think people all feel burned by the dot-com crash. Dot-com'ers were vapor anyway, IMHO. Our revenues were substantially higher than this same time last year. Unfortunately stock holders look at tech stocks with a completely different set of glasses than say a utility stock. C'est la vie!