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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/21/2001 10:28:46 AM
From: besttrader   of 37746
 
Plug Power (PLUG) 33.87 +1.75: Friedman Billings downgrades to ACCUMULATE from BUY based purely on price; firm continues
to be optimistic on the future for Plug Power, and recommends investors accumulate the shares on weakness.

Palm Inc (PALM) 5.60 +0.55: UBS Warburg upgrades to STRONG BUY from HOLD; while some investors were clearly
disappointed in Palm's latest pre-release, firm was not; firm is relieved to see far more aggressive actions to put Palm's inventory problems
behind them and enter the next fiscal year in much better financial shape; raises FY02 estimates to a loss of $0.05 from a $0.10 loss;
says handheld market is still in its early stages with several catalysts in the near term, and believes there is a long list of potential buyers who
would be interested in Palm's IP and dominant market position.

Networks Assoc (NETA) 14.67 +0.86: Morgan Stanley upgrades to STRONG BUY from NEUTRAL rating with price target of $19;
firm says that the turnaround continues to gain traction, and the stock is trading at a significant discount to its peers; positive catalysts
include: continued spending on security, a more conservative revenue recognition model, and key appointments in senior management.

Roxio (ROXI) 12.40 -0.14: Morgan Stanley initiates coverage with a NEUTRAL based mainly on valuation; Roxio is a supplier of the
Easy CD-Creator (77% retail mkt share) CD-burning software, which was spun out of Adaptec (ADPT) on 5/11; shares are now at the
high end of firm's target PE range (10-15x) and in the middle of firm's target 1-2x price/sales range.
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