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AEA Monterey Classic Participants Grew 423% in Five Years; Top Five Growth Companies Honored At '95 Classic.


MONTEREY, Calif.--AEA Monterey Classic--(BUSINESS WIRE)-- Oct.30, 1995--The American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States.  (AEA AEA Atomic Energy Authority

AEA n abbr (BRIT) (= Atomic Energy Authority) → consejo de energía nuclear;
(BRIT) (SCOL) (= Advanced Extension Award) →
) said today that the average per share price of five-year participants in the AEA Monterey Classic Financial Conference improved by 423 percent.

Leading the companies on the "Top Five" growth list was Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif., with a per share increase of 2,655 percent.

AEA's Monterey Classic is regarded by investors as a proven way of connecting with some 300 of high tech's surging growth companies. Each year, the Classic offers the media and other publics a glimpse into the future of our industry. Its long list of successful graduates includes Microsoft, Advanced Micro Devices and Apple Computer.

Others in the 1990-1995 Classic top five were Adaptec, Inc., Milpitas, Calif.; Inter-Tel, Inc., Chandler, Ariz.; Parametric Technology Corp., Waltham, Mass.; and Tellabs, Inc., Lisle lisle  
n.
1. A fine, smooth, tightly twisted thread spun from long-stapled cotton.

2. Fabric knitted of this thread, used especially for hosiery and underwear.
, Ill.

William T. Archey, AEA President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "These outstanding AEA member companies are the cream of a very rich crop of technology companies. The Classic has presented high potential growth companies to the investment community for twenty-five years. We congratulate the top five and the rest of our AEA member participating companies."

Cisco Systems saw its price improve from an adjusted $2.75 to $75.75 from 1990 to 1995, an increase of 75 points or 2,655 percent. John P. Morgridge, Chairman, John T. Chambers, President and CEO.

Adaptec improved its five-year performance by 38.31 points from an adjusted $2.38 to $41.19, an increase of 1,634 percent. John G. Adler, Chairman; F. Grant Saviers, President and CEO.

From an adjusted $1 per share, stock of Inter-Tel, Inc., increased to $15.69 per share, a rise of 14.69 points or 1,469 percent in the five-year period. Steven G. Mihaylo, Chairman and CEO.

The five-year stock price of Parametric Technology Corp. moved from an adjusted $4.50 per share to $68.63 per share, a rise of 1,425 percent. Steven C. Walske, Chairman and CEO; C. Richard Harrison There are several people named Richard Harrison.
  • For the American actor, see Richard Harrison (actor).
  • For the former Speaker of the New Zealand House of Representatives, see Richard Harrison (New Zealand).
, President and COO.

Tellabs, Inc., stock improved 32.13 points in five years, to $34.63 per share from $2.50 per share, an increase of 1,285 percent. Michael J. Birck, President and CEO Tellabs, Inc.

The American Electronics Association is the largest technology trade group in the country, representing more than 3,000 U.S.-based companies. Member firms span the breadth of the product spectrum from semiconductors and software to mainframe computers and telecommunications systems. For more than 50 years, AEA has been the accepted voice of the U.S. technology community.

CONTACT: American Electronics Association, Monterey

John Hatch Dr. John Keith Hatch (born November 7,1940) is an American economic development expert and a pioneer in modern day microfinance. He is the founder of FINCA International and the Rural Development Services (RDS), and is famous for innovating village banking, arguably the , 408/987-4232
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 30, 1995
Words:439
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