Next Level Communications NASDAQ: NXTV Rating:STRONG BUY (We anticipate the stock will outperform its peer group in the next 6 months, with the potential for a near-term catalyst.) Sector: eNetwork Infrastructure Price Target: $150.00 NXTV: Strengthens Management Team with New CEO Tim Savageaux discusses Next Level's appointment of J. Michael Norris as the new President and CEO of the Company. Next Level Communications reported after the close Novemember 28, 2000 that J. Michael Norris has joined the Company as President and CEO and that Pete Keeler would remain Chairman of the Board of Directors. We believe that Mr. Norris' international relationships, in addition to his broad operational expertise, should prove to be instrumental in helping Next level become a leading global supplier of integrated broadband access technology. Further, we view the recent weakness in stock price as an excellent buying opportunity. We reiterate our Strong Buy rating.