Buyside articles from December 2002

Buyside archives from December 2002

Corrections & Amplifications.(Correction Notice)
December 22, 2002... The October issue of Buyside intended to include a photo of Mark Allen formerly of Ridgecrest Investment Management in the 'Buyside on the Buy Side' department. However, the wrong photo of Mark Allen was used. We apologize for any confusion.

Verizon communication Inc. (NYSE: VZ).
December 22, 2002... Verizon is one of the world's leading communications companies, with significant scale and scope as well as industry-leading cost savings and merger synergies. Our core businesses -- wireline, wireless and print and on-line directories --serve...

Warm spots in a cold world. (Publisher's Letter).(Editorial)
December 22, 2002... I don't know about you, but for me, reading financial news requires a lot of courage these days. The market continues to be a series of ups and downs with no let-up in sight. Low investor confidence has caused a slowdown in spending, fraud and...

Corinthian Colleges, Inc.
December 22, 2002... STOCK INFORMATION: SHARES OUTSTANDING: 43,375,040 Corinthian Colleges, Inc. is one of the largest for-profit post-secondary education companies in the United States, operating 65 colleges in 21 states. With more than 39,000 students,...

Religious mutual funds outpace rest of mutual fund industry. (Answered Prayers).
December 22, 2002... The total number of religious mutual funds jumped 121% since 1999, compared to growth of just 16% in the number of mutual funds of all types according to a new analysis commissioned by MMA Praxis Mutual Funds, the only church-owned mutual fund...

In the wake of scandals, students demand change. (Moral MBAs).(Brief Article)
December 22, 2002... According to an August 2002 survey conducted by GradSchools.com, more than 80% of prospective business graduate students think that today's MBA degree programs need to be restructured to incorporate a greater emphasis on ethics....

BrokerTec Futures Exchange reduces customer margin requirements. (A Brighter Future).(Brief Article)
December 22, 2002... BrokerTec Futures Exchange (BTEX), the nation's only completely electronic financial futures exchange, has introduced inter-market spread credits for members and users of U.S. Treasury futures products. With the introduction of inter-market...

Increasing financial IQ. (New Solutions).
December 22, 2002... Providing useful and timely information for corporate financial professionals is the goal of Capital IQ (www.capitaliq.com), an integrated market intelligence and technology solution provider that has added enhancements to its platform --...

Social investors back SEC on mutual fund proxy disclosure. (Listening to Your Conscience).(Social Investment Forum,)
December 22, 2002... The Social Investment Forum, a non-profit trade association for the socially and environmentally responsible investing industry, is offering its support to the Securities and Exchange Commission (SEC) on the newest fund proxy disclosure rules....

Narrow the options, please. (Disclosure City?).(Financial Accounting Standards Board)
December 22, 2002... With many public companies agreeing to make stock options an expense, it seems that it would be easy enough to find this information within earning statements. However, transparency is still a ways off because the Financial Accounting Standards...

Insider index points to increased odds of double-dip recession. (View from the Inside).
December 22, 2002... Insiders at healthcare, finance, REIT and restaurant companies are providing early warning signals of industry weakness according to independent research firm Market Profile Theorems (MPT), which analyzes new insider trading data on a weekly...

Buyside on the buy side: Who's moved on and who's moved up. (Insights).
December 22, 2002... Touchstone Investments is expanding its family of funds with the addition of the Touchstone Small Cap Growth Fund. The fund will be managed by a team of institutional money managers, including teams from Longwood Investment Advisors and...

Guiding lights StarMine's sector champions.
December 22, 2002... About StarMine Analyst Ratings StarMine collects data on every estimate, revision and recommendation recorded by Thomson Financial First Call and generates its star ratings based on the accuracy of analyst earnings estimates. Scores are...

Growing strong: Investec launches New York trading operations. (Sell-Side Focus).
December 22, 2002... Niche knowledge continues to produce positive results for Investec. An international specialist banking group, sticking with what it knows best has earned the firm recognition as one of the world's top 350 banks, with total assets under...

Market magicians: Revealing the strategies of today's top analysts. (Cover Story).
December 22, 2002... People have used some harsh words to describe Wall Street analysts recently. "Accurate" and "timely" were probably not among the adjectives uttered. However, Buyside was convinced that there were still some sell-side analysts out there living...

Money masters: Creating success--no matter what the market does. (Cover Story).(BERNZOTT CAPITAL ADVISORS)
December 22, 2002... Managing money is an art unto itself. And while a painting's quality might be subject to interpretation, it's good old-fashioned numbers that separate an astute manager from the rest of the masses, particularly in a hammered market, And like...

In the driver's seat: despite bumps in the road, auto keeps rolling along. (Auto Parts).
December 22, 2002... In some ways, the auto industry sits in neutral. As the engine idles, it remains uncertain to industry watchers which sectors will drive growth, build momentum or simply shift into a lower gear. While some believe the Big Three automakers...

BorgWarner.(management issues)
December 22, 2002... About BorgWarner NYSE: BWA www.borgwarner.com BorgWarner is the recognized global leader specializing in advanced products and technologies to satisfy customer needs in powertrain components and system solutions. Whether you drive...

Powerful possibilities: A strong product pipeline spells long-term growth for the biopharma sector. (Biopharma).
December 22, 2002... The biopharmaceuticals sector app ears to have solid long-term prospects. The U.S. population is getting older, and as people age they must contend with health problems. This paves the way for the creation of new drugs that can provide...

Biomira.(management issues)
December 22, 2002... The Cancer Vaccine People [TM] Biomira Inc. is a product focussed biotechnology company applying its proprietary immunology and organic chemistry technologies for the development of therapeutic cancer vaccines. The company is committed to...

OnColytics Biotech Inc.(a profile of the company)(Company Profile)
December 22, 2002... 210, 1167 KENSINGTON CRESCENT NW CALGARY, AB, T2N 1X7 403.670.7377 WWW.ONCOLYTICSBIOTECH.COM INFO@ONCOLYTICSBIOTECH.COM ONCOLYTICS IS DEVELOPING AN INNOVATIVE APPROACH TO CANCER THERAPY REOLYSIN[R] - A POTENTIAL...

Head of the class: when the economy is down, education sector soars. (Education).
December 22, 2002... Like many industries in today's bear market, education stocks need a bit of brushing up. But the long-term buys here are good, because the companies behind these stocks are tapping into the hottest ticket in a down market: education. "The...

Thinkequity partners.
December 22, 2002... eCollege (NASDAQ: ECLG) -- Powering the Distance Education Revolution Summary Business Description eCollege is a leading provider of fully outsourced, distance learning solutions to the $600 billion post-secondary and K-12 education...

The entrepreneurial edge: going below the radar to find good ideas. (Research Profile).
December 22, 2002... Anderson & Strudwick If Anderson & Strudwick were a hat rack, it would be filled to the brim. "We all wear so many hats here," says Research Director Michael Via. "People aren't forced into certain niches." That means Via is...

Fedders Corporation. (Research Report: Industry).
December 22, 2002... Company Description Fedders Corporation is a leading global manufacturer of air treatment products, mainly air conditioners and air cleaners including dehumidifiers, humidifiers, and thermal technology products. The company commands in...

Performance driven: Finding good ideas keeps Morgan Keegan's research strong. (Research Profile).(David Guthrie)
December 22, 2002... Morgan Keegan & Co. David Guthrie Director of Research, Morgan Keegan & Co. David Guthrie has been in equity research for 29 years and has spent 25 of them at Morgan Keegan & Co. He has been the research director for the past five...

Buckeye Technologies, Inc. (Research Report: Paper Products).
December 22, 2002... (BKI: NYSE) RATING: OUTPERFORM/SPECULATIVE As of October 22, 2002 Buckeye Technologies, Inc., based in Memphis, Tennessee, was farmed by Procter & Gamble in the 1920s and became an independent company in 1993 when management joined...

Harvest Natural Resources, Inc. (Research Report: Energy).
December 22, 2002... Chandra, Subash (HNR: NYSE) RATING: OUTPERFORM / SPECULATIVE Company Description Harvest Natural Resources, Inc. is an independent energy corporation that has been engaged in the development and production of oil and gas...

XTO Energy Inc. (Research Report: Energy).
December 22, 2002... (XTO: NYSE) RATING: OUTPERFORM / SPECULATIVE Company Description XTO Energy Inc., based in Fort Worth, Texas, is an independent energy company with properties located primarily in Texas, Arkansas, Oklahoma, Kansas, New Mexico, Wyoming...

Prodigious performance. (Analyst Showcase).(JAMES TERWILLIGER ; Morgan Keegan & Co)
December 22, 2002... JAMES TERWILLIGER LOVES TO COMPETE -- and when he does, he plays to win. "I actually get upset if I lose," he says. But losing isn't a problem for Terwilliger, who is Morgan Keegan & Co.'s medical device analyst. He has proven to be a top...

Kensey Nash Corporation. (Research Report: Medical Devices).
December 22, 2002... (MNSY: NASDAQ) RATING: OUTPERFORM COMPANY DESCRIPTION Kensey Nash Corporation is a medical device company that focuses on cardiology, orthopedic sports medicine and wound care products. The core technology includes a wide range of...

Varian Medical Systems, Inc. (Research Report: Medical Devices).
December 22, 2002... (VAR: NYSE) RATING: OUTPERFORM COMPANY DESCRIPTION Varian Medical Systems, Inc. is one of the world's leading manufacturers of integrated cancer therapy systems. The company has been in the cancer therapy business for more than 40...

Focused growth: Needham & Co. finds opportunities for progress in a stammering market. (Research Profile).
December 22, 2002... Needham & Co. Theodor Kundtz Director of Equity Research/Electronic Components & Diversified Technology Analyst Kundtz joined Needham & Co. in May 1999. Previously, he was senior vice president at Lehman Brothers focusing on...

Hologic, Inc. (Research Report: Medical Devices).
December 22, 2002... (HOLX: NASDAQ) RATING/12-MO. TARGET: STRONG BUY / $15 Company Description Hologic, Inc. is a leading developer, manufacturer and supplier of medical imaging systems dedicated to serving the healthcare needs of women, and a leading...

Bell Microproducts Inc. (Research Report: Semiconductors).
December 22, 2002... (BELM: OTC) RATING: BUY Company Description Bell Microproducts Inc. is a leading distributor of mass storage products, semiconductor and PC products to the industrial and commercial markets. Investment Opinion We believe Bell...

Coherent, Inc. (Research Report: Information Technology).
December 22, 2002... (COHR: NASDAQ) RATING: BUY Company Description Coherent, Inc. is a leading manufacturer of lasers, laser-based systems, precision optics and related accessories for semiconductor and related manufacturing, materials processing,...

Pegasystems Inc. (Research Report: Information Technology).
December 22, 2002... Company Description Founded in 1983, Pegasystems Inc. provides software applications and software tools based on rules technology. Its customers include financial services, healthcare and insurance companies. The company provides two types...

White Electronic Designs Corporation. (Research Report: Semiconductors).
December 22, 2002... (WEDC: NASDAQ) RATING: BUY Company Description White Electronic Designs Corporation is a niche technology company and high performance innovator in the design and manufacture of advanced semiconductor packaging solutions,...

Timing is everything. (Analyst Showcase).
December 22, 2002... Software analyst Richard Davis has a saying: "It isn't necessarily being in the right place at the right time, but being in one place a long time. Eventually you end up in the right place." It is a strategy that has not only worked for Davis'...

HUB International. (Equity Spec Sheet).(Company Profile)
December 22, 2002... HUB INTERNATIONAL LIMITED 55 EAST JACKSON BOULEVARD CHICAGO IL 60604-4187 TOLL FREE (877) 402-6601 TOLL FREE FAX (877) 402-6606 WWW.HUBINTERNATIONAL.COM NYSE: HBG TSX: HBG MARKET CAP $396.2 MILLION (AS OF...

Career Education Corporation. (CECO: Nasdaq).
December 22, 2002... INVESTORRELATIONS CONTACT Tracy Lorenz, Director of Investor Relations 2895 Greenspoint Parkway, Suite 600 Hoffman Estates, IL 60195 Phone: 847-585-3899 Fax: 847-781-3610 www.careered.com NASDAQ: CECO ...

Citibank Depositary Receipt Issuers.
December 22, 2002... AKZO NOBEL N.V. Country: Netherlands Exchange: NASDAQ Ticker: AKZOY CUSIP: 010199305 Ratio (Ords to ADRs): 1:1 Akzo Nobel based in the Netherlands, serves customers throughout the world with healthcare products,...

Intel inside. (About Intel).
December 22, 2002... Today, Intel supplies the computing and communications industries with chips, boards, systems and software building blocks that are the "ingredients" of computers, servers, and networking and communications products. These products rely on...