| UPGRADES & DOWNGRADES HISTORY |
| Date | Research Firm | Action | From | To | | 22-Oct-03 | Friedman Billings | Downgrade | Outperform | Mkt Perform | | 22-Oct-02 | Keefe Bruyette | Downgrade | Mkt Perform | Underperform | | 15-Nov-01 | RBC Capital Mkts | Initiated | | Neutral | | 6-Mar-01 | Tucker Anthny Sutro | Initiated | | Mkt Perform | | 20-Oct-00 | Friedman Billings | Downgrade | Buy | Accumulate | | 1-May-00 | Friedman Billings | Upgrade | Accumulate | Buy | | 24-Jul-98 | Friedman Billings | Downgrade | Buy | LT Buy | | 27-Apr-98 | Friedman Billings | Upgrade | Accumulate | Buy |
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| Current Month | Last Month | Two Months Ago | Three Months Ago | | Strong Buy | | | | | | Buy | | | | | | Hold | | | | | | Underperform | | | | | | Sell | | | | |
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