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Non-Tech : NOTES

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To: Didi who wrote (2351)	4/25/2003 9:34:46 AM
From: Didi	Read Replies (1) of 2505

ELX--EPS accuracy: "Emulex Reports Record Third Quarter Revenue": emulex.com ................. biz.yahoo.com >>> Top Ranked Analysts (4 of 16) Kelleher, Mark First Albany Corp. biz.yahoo.com Seyrafi, Shebly A.G. Edwards & Sons, Inc. biz.yahoo.com Conigliaro, Laura Goldman Sachs biz.yahoo.com Hanus, Glenn Needham & Company, Inc. biz.yahoo.com <<< =============================== Other analysts: From DJ: Apr 25 2003 08:08 AM DJ T. Weisel Cuts Emulex To Underperf From Peer Perf >ELX* From Briefing.com: 7:24AM Emulex cut to Underperform at Thomas Weisel (ELX) 24.38: The downgrade from Peer Perform is based on the expectation of slowing revenue growth. Firm's thesis that exhaustion of HBA market share gains will lead to moderating growth is beginning to playout, as evidenced by Emulex's results and guidance. Firm's DCF analysis values ELX at $17 per share. ......... Renouard, Daniel J of Robert W. Baird & Company: biz.yahoo.com From DJ: Apr 25 2003 07:33 AM DJ Baird Cuts Emulex To Neutral From Outperf >ELX* .......... Montague, Robert M of RBC Capital Markets (US): biz.yahoo.com From DJ: Apr 25 2003 07:07 AM DJ RBC Capital Cuts Emulex To Underperf From Sector Perf >ELX*

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