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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    12-Aug-14FBR CapitalDowngradeOutperformMkt Perform
    10-Jun-14Canaccord GenuityInitiatedBuy
    3-Jan-14BMO Capital MarketsDowngradeOutperformMarket Perform
    3-Jun-13FBR CapitalInitiatedOutperform
    27-Apr-12WunderlichDowngradeBuyHold
    1-Feb-12OppenheimerDowngradeOutperformPerform
    12-Aug-11WunderlichInitiatedBuy
    10-Nov-06CIBC Wrld MktsUpgradeSector PerformSector Outperform
    4-Oct-05Goldman SachsUpgradeUnderperformIn-Line
    24-Aug-05Susquehanna FinancialInitiatedPositive
    18-Aug-05Deutsche SecuritiesInitiatedHold
    28-Jul-05Morgan KeeganDowngradeOutperformMkt Perform
    17-Mar-05Pacific Growth EquitiesUpgradeEqual WeightOver Weight
    7-Sep-04Lehman BrothersDowngradeEqual-weightUnderweight
    6-Jul-04Lehman BrothersDowngradeOverweightEqual-weight
    7-Jun-04AmTech ResearchInitiatedBuy
    21-Apr-04CIBC Wrld MktsUpgradeSector UnderperformSector Perform
    20-Feb-04Goldman SachsInitiatedUnderperform
    15-Jan-04Lehman BrothersUpgradeEqual-weightOverweight
    14-Oct-03Wedbush MorganUpgradeSellHold
    13-Oct-03Pacific Growth EquitiesUpgradeUnder WeightEqual Weight
    11-Sep-03Smith Barney CitigroupDowngradeIn-lineUnderperform
    16-Jul-03CE Unterberg TowbinDowngradeLT BuyLT Mkt Perforn
    18-Jun-03Lehman BrothersUpgradeUnderweightEqual-weight
    25-Apr-03Wedbush MorganDowngradeHoldSell
    17-Apr-03UBS WarburgUpgradeNeutralBuy
    20-Feb-03Merrill LynchUpgradeSellNeutral
    7-Jan-03Wedbush MorganInitiatedHold
    15-Nov-02Merrill LynchDowngradeNeutralSell
    10-Oct-02Goldman SachsUpgradeMkt PerformMkt Outperform
    26-Aug-02Salomon Smth BrnyDowngradeBuyOutperform
    19-Jul-02Goldman SachsDowngradeMkt OutperformMkt Perform
    9-Jul-02Frost SecuritiesDowngradeStrong BuyBuy
    27-Jun-02AG EdwardsDowngradeStrong BuyHold
    27-Jun-02Needham & CoUpgradeSellHold
    29-May-02Needham & CoDowngradeHoldSell
    8-May-02CIBC Wrld MktsUpgradeHoldBuy
    24-Apr-02Merrill LynchDowngradeLT Strong BuyLT Buy
    1-Apr-02Banc of America SecUpgradeMkt PerformBuy
    20-Dec-01AG EdwardsUpgradeBuyStrong Buy
    14-Dec-01Wachovia SecDowngradeBuyMkt Perform
    12-Dec-01USB Piper JaffrayInitiatedMarket Perform
    7-Dec-01CIBC Wrld MktsDowngradeBuyHold
    4-Dec-01UBS WarburgInitiatedHold
    27-Nov-01Banc of America SecInitiatedMkt Perform
    20-Nov-01AG EdwardsDowngradeStrong BuyBuy
    15-Nov-01Pacific Growth EquitiesInitiatedMarket Perform
    7-Nov-01Pacific CrestDowngradeStrong BuyMkt Perform
    26-Oct-01Robertson StephensDowngradeBuyMkt Perform
    16-Oct-01Thomas WeiselDowngradeBuyMkt Perform
    15-Oct-01JP MorganDowngradeLT BuyMkt Perform
    10-Oct-01ABN AMROInitiatedHold
    1-Oct-01CIBC Wrld MktsUpgradeBuyStrong Buy
    24-Sep-01Needham & CoDowngradeStrong BuyHold
    14-Aug-01Dain Rauscher WesselsInitiatedNeutral
    7-Aug-01CSFBDowngradeBuyHold
    30-Jul-01Wit SoundViewUpgradeBuyStrong Buy
    26-Jul-01First Union SecInitiatedBuy
    23-Jul-01Needham & CoUpgradeHoldStrong Buy
    26-Jun-01Adams HarknessDowngradeBuyMkt Perform
    4-Jun-01Morgan StanleyInitiatedNeutral
    16-May-01Goldman SachsDowngradeTrading BuyMkt Outperform
    14-May-01Friedman BillingsInitiatedAccumulate
    23-Apr-01Merrill LynchDowngradeNT AccumNT Neutral
    20-Apr-01Robertson StephensUpgradeLT AttractiveBuy
    20-Apr-01JP MorganUpgradeMkt PerformLT Buy
    20-Apr-01Goldman SachsUpgradeMkt OutperformTrading Buy
    16-Apr-01Wit SoundViewInitiatedBuy
    12-Apr-01JP MorganDowngradeBuyMkt Perform
    11-Apr-01Salomon Smth BrnyUpgradeOutperformBuy
    27-Mar-01CE Unterberg TowbinDowngradeStrong BuyBuy
    22-Mar-01Robertson StephensDowngradeStrong BuyLT Attractive
    14-Mar-01Needham & CoInitiatedHold
    12-Mar-01Salomon Smth BrnyDowngradeBuyOutperform
    6-Mar-01Banc of America SecDowngradeStrong BuyBuy
    22-Feb-01Thomas WeiselInitiatedBuy
    20-Feb-01CSFBDowngradeStrong BuyBuy
    15-Feb-01CIBC Wrld MktsInitiatedBuy
    6-Feb-01Goldman SachsDowngradeRecomm ListMkt Outperform
    30-Nov-00Lehman BrothersInitiatedNeutral
    30-Nov-00Kaufman BrosDowngradeStrong BuyAccumulate
    16-Nov-00Merrill LynchDowngradeNT BuyNT Accum
    25-Oct-00SG CowenDowngradeStrong BuyBuy
    20-Oct-00JP MorganInitiatedBuy
    19-Oct-00AG EdwardsInitiatedAccumulate
    17-Oct-00PaineWebberUpgradeAttractiveBuy
    5-Sep-00PaineWebberDowngradeBuyAttractive
    13-Jul-00PaineWebberUpgradeAttractiveBuy
    13-Jul-00Adams HarknessUpgradeAccumulateTrading Buy
    15-May-00Frost SecuritiesUpgradeBuyStrong Buy
    20-Apr-00Frost SecuritiesUpgradeAccumulateBuy
    17-Mar-00Merrill LynchUpgradeNT AccumNT Buy
    24-Feb-00PaineWebberInitiatedAttractive
    9-Feb-00Deutsche Bc Alex. BrInitiatedBuy
    11-Jan-00Frost SecuritiesInitiatedAccumulate
    9-Dec-99Schroder & CoInitiatedOutperform
    22-Oct-99Pacific CrestInitiatedStrong Buy
    8-Oct-99Merrill LynchInitiatedNT Accum/LT Buy
    1-Oct-99Kaufman BrosInitiatedStrong Buy
    17-Sep-99Goldman SachsInitiatedRecommended List
    1-Sep-99Banc of America SecInitiatedStrong Buy
    15-Jul-99CE Unterberg TowbinUpgradeBuyStrong Buy
    4-Jun-99CE Unterberg TwbnInitiatedBuy
    10-May-99CSFBUpgradeBuyStrong Buy
    10-May-99Southwest SecInitiatedAccumulate
    13-Apr-99Salomon Smth BrnyInitiatedBuy
    4-Mar-99NeedhamUpgradeHoldBuy
    15-Jan-99SG Cowen & CoUpgradeBuyStrong Buy
    11-Dec-98Needham & CoDowngradeBuyHold
    15-Oct-98CS First BostonUpgradeHoldBuy
    1-Oct-98Adams HarknessInitiatedAttractive
    20-Aug-98CS First BostonInitiatedHold

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