I turned my Blackberry on after landing yesterday to discover that FFIV was added to the S&P 500.  That’s a tremendous accolade for F5 and something that we’re very proud of.

More importantly, I think it speaks volumes about our customers who have invested their money and time in our products and the innovation they’ve been able to drive by using them.

CNNMoney.com wrote a piece about our addition today. One of the things I discussed with the editor was how my grandmother gave me a few shares in Eastman Kodak a long time ago.  I still have those shares due to sentimental value although my grandmother passed away some time ago.  Although it may be a little weird to hang on to them for that reason, I probably will continue to do so.

We did a little homework to see how we stack up on the local front here in Washington state. F5 is the 11th company from Washington to be added to the S&P 500 and based on our market capitalization for today, we’re ranked 7th.

 

Ticker symbol

Company

Location of Headquarters

Market Cap (billions)

Rank

MSFT

Microsoft Corp.

Redmond, Washington

$                              233.9

1

AMZN

Amazon.com Inc

Seattle, Washington

$                                78.8

2

COST

Costco Co.

Issaquah, Washington

$                                30.8

3

SBUX

Starbucks Corp.

Seattle, Washington

$                                24.2

4

PCAR

PACCAR Inc.

Bellevue, Washington

$                                20.7

5

EXPD

Expeditors Int'l

Seattle, Washington

$                                11.9

6

FFIV

F5 Networks

Seattle, Washington

$                                11.6

7

WY

Weyerhaeuser Corp.

Federal Way, Washington

$                                  9.5

8

JWN

Nordstrom

Seattle, Washington

$                                  9.2

9

EXPE

Expedia Inc.

Bellevue, Washington

$                                  7.8

10

PCL

Plum Creek Timber Co.

Seattle, Washington

$                                  5.4

11