Buyside articles from May 2002

Buyside archives from May 2002

Citibank depositary receipt issuers.(Brief Article)(Statistical Data Included)
May 1, 2002... CRH PLC Country: Ireland Exchange: NASDAQ Ticker: CRHCY CUSIP: 12626K203 Ratio (Ords to ADRs): 1:1 CRH plc is a Top-5 international building materials group, with over 1,500...

Philips. (City Bank).(one of the world's biggest electronics companies and Europe's largest)(Statistical Data Included)
May 1, 2002... Global Leader Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 32.3 billion in 2001. It is a global leader in color television sets, lighting, electric...

Terra firma. (Publishers Letter).(be positive about the stock market)(Brief Article)
May 1, 2002... Is it realistic to be positive on the markets when the Dow has spent the day, and the last week, slipping downward? Yes, and I'll tell you why. First, there's talk of a turn in the tech cycle, and it should prove to be more than talk....

Reader profiles. (Insights).
May 1, 2002... Philip J.P. Asquith Senior Partner, Fund Manager Taurum Capital Partners Beverly Hills, Calif. 310-274-3749 phil@taurum.com Professional experience: After going to high school in Los Angeles at Harvard-Westlake....

A spoiler & old favorites command first calls most read analysts list. (Must Read).(First Call's quarterly ranking list)(Brief Article)
May 1, 2002... Merrill Lynch retook slots on First Call's quarterly ranking list, while Vik Grover of Kaufman Brothers hung in on the bottom half of the list. Merrill's Phua Young hit the list high, having been edged out of last quarter's ranking. Morgan...

Barrington analyst named in Starmine's top 10 rankings. (Head of the Class).(Brief Article)
May 1, 2002... StarMine, the provider of so-called objective ratings of Wall Street securities analysts, announced the results of its 2001 annual survey of analyst performance. The survey objectively tracks every earnings estimate, revision and stock...

Start up hedgies get a rise out of money managers looking for new investment venues. (Investors Eye Hedge Funds).(Brief Article)
May 1, 2002... The Financial Times recently reported that more than half of the world's leading institutional investors are putting money into start-up hedge funds and ditching their traditional preference for fund managers with long track records, according...

Data analysis portal provides interactive statistics for Canadian venture capital. (Follow the Money).(Brief Article)(Statistical Data Included)
May 1, 2002... Powered by Databeacon data publishing, analysis and reporting software, storydata.com offers site visitors the ability to further slice and dice topical news data in ways that make the most sense to them. Storydata.com has a series of...

Money managers say yes to private equity as secondaries deal flows rise significantly in Q1. (Private Ayes).(Brief Article)(Statistical Data Included)
May 1, 2002... First quarter 2002 activity within the secondary market for private equity fund partnerships has increased significantly over third quarter and fourth quarter of 2001, according to PrivateTrade, a global intermediary for buyers and sellers of...

Tracks and treks of money managers and analysts. (Buyside on the Buy Side).(Statistical Data Included)
May 1, 2002... Morley Fund Management launched the Privilege Portfolio SICAV -- Global Convertibles Fund on April 9. The fund is co-managed by portfolio manager David Clott, based in Boston, and derivatives specialist Tom Wills, based in London. The...

Two decades pass with no new ideas, says Carnegie-Mellon professor. (The Drought Years).(research into fund management)(Brief Article)
May 1, 2002... More than 20 years have passed since the last big breakthrough in fund management, according to Rick Green, professor of finance for Carnegie-Mellon University in Pittsburgh, Penn. Behavioral finance, which sought to explain market anomalies...

To merge or not to merge, that is the question. (Seen & Heard).(Hewlett-Packard, Compaq Computer)(Brief Article)
May 1, 2002... At press time, Hewlett-Packard was facing the last major hurdle of its acquisition of Compaq Computer in the Delaware Court of Chancery, the nation's premiere venue for corporate legal disputes. While experts predicted an ugly. bare-knuckle...

Takeoff point. (Money Manager Profile).(Barbara Rishel )
May 1, 2002... "I thought it might be fun," says Barbara Rishel of how she got into the investment industry. Rishel, then a finance major at the University of Baltimore, got her first job as a corporate planning analyst for the executives at Baltimore-based...

Making the grade: buyside's who's-who of stocks that made the grade with a recommendation upgrade or initiation to 'strong buy'. (For Strong Buys Only).(Statistical Data Included)
May 1, 2002... COMPUTER SOFTWARE & SERVICES SeeBeyond Technology (SBYN, $6.54 4/17/02) BASIS FOR STRONG BUY: ($9.26, 3/18/02) We have added SeeBeyond to the Legg Mason Select List as our compelling idea. SeeBeyond is having a positive first...

Anadarko corporate profile.(Anadarko Petroleum Corp.)(Brief Article)(Company Profile)(Statistical Data Included)
May 1, 2002... Anadarko Petroleum Corporation (NYSE:APC) is among the largest independent oil and gas exploration and production companies in the world, with proved reserves of 2.3 billion barrels of oil equivalent (BOE) and production of about 200 million...

Oil and sand: oil and gas market watchers consider the role of continued strife in the middle east, prices and rig counts.
May 1, 2002... Oil may still deserve the alias 'black gold', but maybe not 'Texas tea'. That's because oil is a major international commodity -- and much of it comes from a potential war zone. If the war on terrorism takes on Iraq or if that "rogue...

Group chief executive John Browne on the company's 2001 results.(Brief Article)
May 1, 2002... For the full year, BP's pro forma earnings were $13,178 million compared to the $14,203 million company record a year ago. Fourth quarter pro forma earnings, adjusted for special items, were $2,204 million compared to $4,090 million a year ago....

Endridge.(Brief Article)
May 1, 2002... Expanding our North American Footprint Vision Endbridge is an expert in energy delivery-oil pipelines, natural gas pipelines, gas distribution systems, terminalling, tankage and storage systems. Our vision is to continue to build on...

Questar.(Brief Article)
May 1, 2002... QUESTAR'S value proposition is simple: natural gas demand in the western U.S. is set to grow by 30% over the next decade, an we are prepared to exploit This growth. Our integrated, Rockies-focused assets place us at the "hub of western energy...

Canadian Superior Energy Inc.
May 1, 2002... STOCK SYMBOL: SNG: TSE THE EMERGING GROWTH COMPANY OF 2002 * Large World-Class Offshore Nova Scotia "Marquis, Mariner & Mayflower Prospects" * Focused Successful Western Canadian Operations * Major East Coast Joint Venture...

Ashland Inc. (ASH: NYSE).(Brief Article)
May 1, 2002... HIGHLIGHTS: * Ashland started its fiscal year ending September 30,2002 on a relatively good note considering the prevailing economic weakness and lower spreads in the oil refining business. Earnings per share for the December quarter...

Sci Fi, Sci Fact: computer hardware and software may be poised for an unprecedented cycle of change.
May 1, 2002... Computers continue to intimidate and fascinate, frustrate and stimulate, offering seemingly endless possibilities and realities. Yet somehow they have become mundane. This could change: Because innovations in the computer industry are being...

Progress Software Corporation. (Fact Sheet).(Brief Article)
May 1, 2002... The lowest visible cost of ownership (VCO) for enterprise embedded databases belongs to Progress (R) Enterprise RDBMS. Aberdeen estimates that the Progress VCO over five years is, on average, a little more than half as expensive as Oracle8i....

The coming shakeout: Merrill Lynch's Steve McClellan and Jenny Dugan handle the building blocks of computer services, one piece of history at a time. (Research Focus: Computer Services).
May 1, 2002... Knowing where you've been helps to see where you're going and in the technology field, where one era is the building block for another -- there's nothing like a sense of history. Steve McClellan of Merrill Lynch & Co. can tell you about the...

Relying on instinct. (Analyst Showcase).(Brief Article)
May 1, 2002... WHEN DAN NILES SPEAKS, STOCKS and markets move. As a managing director heading computer hardware and semiconductors for Lehman Brothers, Niles is one of the most influential analysts on Wall Street. He has earned a vaunted reputation by his...

Data driven. (Analyst Showcase).(Brief Article)
May 1, 2002... Although the current performance of many tech stocks remains damp in a recovering economy, analyst Kimberly E. Alexy's demeanor stays positively sunny. Alexy focuses on PC, enterprise hardware, PC channel and data storage stocks....

Network Appliance, Inc. (Prudential Financial).(Brief Article)
May 1, 2002... (NTAP: NASDAQ) Recommendation: Buy Company Profile: Network Appliance, Inc. is a recognized leader in enterprise storage and the delivery of data and content on demand. NetApp solutions empower enterprises with sustainable...

The stars at cannes: SG Cowen taps tech potential in the French town that doubles for Silicon Valley. (Global Technology Conference).
May 1, 2002... Warm beaches, dramatic coastlines, fabulous wines and beautiful people. The similarities between California and the South of France go far beyond the seaside cafes. California has Hollywood and Silicon Valley, and France has Cannes, which is...

Calling in the militia: who will have to carry the burden of guarding the fiscal ports of entry under the Patriot Act of 2001, and who will benefit? (Special Report the Patriot Act).
May 1, 2002... Since September 11, 2001, the Bush Administration and its newly created Office of Homeland Security have been working double-time to shore up the nation's infrastructure and financial systems against the threat of an outside attack. In the...

Active account: following an eventful year, pricing power, credit quality and interest rates mark financial services trends.
May 1, 2002... None one disputes the importance of the events of September 11, yet it is a tragic irony that the attack on the World Trade Center in the heart of America's financial center should have stimulated a sector of financial services. As it goes...

Housing nirvana: homebuilders and homebuilding materials companies should see heavenly benefits from low interest rates, a rising pool of would be new homeowners and a squeeze in home starts.
May 1, 2002... Something extraordinary is happening in the homebuilding industry: there is a shortage of new homes. While that news may cause concern for home hunters and anti-sprawl activists, it bodes well for publicly owned builders. Part of the...

A home craftsman. (Analyst Showcase).(Brief Article)
May 1, 2002... SCOTT CAMPBELL KNOWS THE HOME-building sector inside and out -- literally. An analyst with Raymond James & Associates, Campbell has seen the industry from an outside, auditing perspective; he worked inside a public building company; and now he...

The Ryland Group, Inc.(Brief Article)
May 1, 2002... (RYL: NYSE) Recommendation: Strong Buy Company Description: Founded in 1967, and based in Calabasas, Calif., The Ryland Group, Inc. is one of the nation's largest homebuilders, with operations in 21 geographic markets. The company...

Growing up with clout: Bear Stearns takes teens seriously, pinpointing key drivers of teen retail niche. (Research Focus Teen Retailing).
May 1, 2002... When Bear, Stearns & Co. Associate Director and retail analyst Brian Tunick wants to find out which names in the teen retail industry are going to score fashion hits or misses, he goes straight to the source. He asks teens. Today's teen is...

Big spenders: those companies willing to shell out may be those primed to deliver stock price upside.
May 1, 2002... We went looking for the big spenders in the world of stocks, hoping to find big returns in the near future. While public companies in most industry sectors are busy looking for ways to cut costs, a few companies are actually stepping up...

Sense & sensibility: Sanders Morris Harris Group blends the styles of value and pragmatism with growth and momentum. (Research Department Profile).
May 1, 2002... People expecting Texas-style ostentatious attitudes from the research department of Sanders Morris Harris Group are in for a surprise. Research Director John Olson calls the Sanders Morris Harris Group a conservative and low-profile outfit. "We...

East West Bancorp. (Sanders Morris Harris).(investment outlook for commercial bank)(Brief Article)(Statistical Data Included)(Company Profile)
May 1, 2002... Company Profile: East West Bancorp is the parent company of East West Bank, a $2.9 billion commercial bank with its headquarters in San Marino, Calif., approximately 15 miles east of downtown Los Angeles. The company operates 31 branches:...

UCBH Holdings, Inc. (Sanders Morris Harris).(Brief Article)
May 1, 2002... Company Profile: UCBH Holdings, Inc. is the holding company for San Francisco-based United Commercial Bank, a $3.0 billion commercial bank and the largest in the country targeting the ethnic Chinese community. The bank has 30 offices...

Insider's view. (Analyst Showcase).(Brief Article)
May 1, 2002... IN HER DAYS AS AN EXXON exploration geophysicist, analyst Irene Haas dug up leads and prospects in frontier areas worldwide. It requires an understanding of the earth's sub-surface, and the geologic parameters conducive to finding oil and gas....

Western Gas Resources, Inc. (Sanders Morris Harris).(Brief Article)
May 1, 2002... Company Profile: Western Gas Resources, Inc. is a Denver-based independent natural gas company with four main business segments: Exploration and Production (up-stream), Gathering and Processing, Transportation and Marketing (mid-stream)....

Ocean Energy, Inc. (Sanders Morris Harris).(Brief Article)
May 1, 2002... Company Profile: Ocean Energy did well in 2001. It grew proved reserves by 31%, to 601 mmboe, and replaced 387% of its production at a finding and development (F&D) cost of $5.52 per boe which we believe is one of the lowest in the...

At a glance... Verizon Communications.(Brief Article)
May 1, 2002... Since the merger close in June 2000, Verizon has emerged as 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,...

About intel.
May 1, 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...