Research Reports

Date Published                      Title of Report

Jul. 28, 2010                                       2Q10 CatQuick: Alcatel-Lucent (Uncovered): Supply chain points to weaker trends (vs historical norms) within ALU's wireless business

Jul. 20, 2010                                       PMC-Sierra: Secular drivers remain intact, Reiterate NEUTRAL

Jul. 20, 2010                                       Cypress Semi: 2Q10 Preview: PSoC remains the story / SRAM outlook is key, reiterate BUY

Jul. 15, 2010                                       NetLogic: 2Q10 Preview: Positioning remains stellar, but N.A. networking could be a speed bump

Jul. 13, 2010                                       JDS Uniphase: Mixed bag moves us to the sidelines, PT moves from $15 to $11

Jul. 7, 2010                                         2Q10 Sector Preview: FPGA trends remain strong, upgrading ALTR and XLNX to TRADING BUY

Jun. 29, 2010                                     Adtran: 2Q10 Preview – Catalysts are plentiful, Upgrading to Trading Buy / PT moves from $29 to $32

Apr. 27, 2010                                    NetLogic: 1QF10 Preview: Demand strong across the board - raising estimates / reiterate BUY

Apr. 12, 2010                                    JDS Uniphase: Trends remain strong, VCSEL fab issue not a needle mover

Mar. 8, 2010                                       CIENA: Upgrading to Buy ($25 PT)

Mar. 3, 2010                                       Finisar: F3Q10 Preview: Business trends remain strong, Reiterate NEUTRAL rating

Mar. 2, 2010                                       CIENA: Business trends remain strong, CESD portfolio leading the charge, Maintain NEUTRAL

Feb. 2, 2010                                       Cisco: Another solid quarter, raising estimates

Feb. 2, 2010                                       JDS Uniphase: Expect another solid quarter - key customers remain on allocation

Feb. 1, 2010                                       NetLogic: 4Q09 Preview: Remain on the sidelines due to valuation, despite strong business trends

Jan. 31, 2010                                      Akamai: Strength in commerce and media verticals provide tailwind in the quarter

Jan. 27, 2010                                      Cypress Semi: 4Q09 Preview: SRAM and TrueTouch to drive Q4 upside

Jan. 24, 2010                                      Riverbed: Strong Q4 business trends move estimates above street high

Nov. 3, 2009                                       CIENA: Bidding war for MEN assets unlikely, deal dissolution would help shares near term

Nov. 1, 2009                                       JDS Uniphase: Top line planets align, operating leverage is key to share price appreciation

Oct. 20, 2009                                     Riverbed: Business trends remain solid, ests move to street high, maintain Hold rating on valuation

Oct. 19, 2009                                     Cisco: Worth owning despite consensus long status, raising estimates