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Technology Stocks : Advanced Digital Information Corp. (ADIC) -- Ignore unavailable to you. Want to Upgrade?

To: Scott H. Davis who wrote (2199)	6/20/2001 12:17:43 PM
From: Jim Oravetz	Read Replies (1) \| Respond to of 2283

08:38 ET DBAB on Storage : Deutsche Banc Alex. Brown initiates storage stocks: the following with STRONG BUY ratings: EMC (EMC 26.67) target of $50, Hewlett (HWP 26.00) target of $40, Sun Micro (SUNW 14.66) target of $30. These with BUY ratings: IBM (IBM 114.84) target of $135, Lexmark (LXK 58.27) target of $70, Network Appliance (NTAP 13.29) target of $40. Initiations being overshadowed by Merrill downgrades of some in this sector 08:18 ET Merrill on Storage : Merrill Lynch says that storage is no longer a monolith and that selectivity will be key -- says networking will dominate storage and prefers Brocade (BRCD) as a result. Merrill downgrades Sun Micro (SUNW 14.43) and Hewlett (HWP 26.00) to ACCUMULATE from Buy and Network Appliance (NTAP 13.29) to near-term NEUTRAL from Accumulate. Maintains ratings on EMC (EMC 26.67) but reduces price target to $43 from $48. Briefing.com Jim