Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (47949)	5/24/2010 10:46:13 AM
From: Donald Wennerstrom	1 Recommendation Respond to of 95640

May 24, 2010 12:38 AM The Valley: Jobs, Deals, Home Prices Pick Up; VC Sector Lagging Posted by Eric Savitz Silicon Valley is on the upswing, according to a flurry of recent reports on the local economy in the San Jose Mercury News. The jobless rate is falling…: The unemployment rate in Santa Clara County in April dropped to 11.4%, from a revised 12% in March; in neighboring San Mateo County, the jobless rate fell to 9.2%, from 9.8%. …housing prices are rising…: The median sales price for previously owned home prices jumped 26.4% in April from a year ago. In San Mateo County, prices were up 16% from a year ago. …and M&A action is picking up…: Year to date, there have been 255 takeover deals with a total value of $17.1 billion involving Bay Area companies, up sharply from 192 deals worth $12.9 billion in the same period last year. …but venture deals continue to lag: According the latest edition of the quarterly MoneyTree survey, the venture capital industry invested $1.53 billion in 202 deals in the first quarter, down from $1.94 billion and 268 deals in the previous quarter, and $2.35 billion in 219 deals the quarter before that.