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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    31-Aug-15Northland CapitalInitiatedOutperform
    17-Sep-10Auriga U.S.AInitiatedBuy
    27-Feb-09BWS FinancialDowngradeBuyHold
    18-Sep-08BWS FinancialUpgradeHoldBuy
    7-Aug-08BWS FinancialDowngradeBuyHold
    7-Aug-08Jefferies & CoDowngradeHoldUnderperform
    8-Nov-06Bear StearnsDowngradePeer PerformUnderperform
    24-Oct-06BWS FinancialUpgradeHoldBuy
    12-Oct-06Bear StearnsUpgradeUnderperformPeer Perform
    2-Aug-06Bear StearnsDowngradePeer PerformUnderperform
    1-Mar-06RBC Capital MktsInitiatedSector Perform
    23-Dec-05Jefferies & CoInitiatedHold
    19-Sep-05Am Tech/JSA ResearchInitiatedBuy
    7-Jul-05Thomas WeiselDowngradeOutperformPeer Perform
    6-May-05OppenheimerDowngradeNeutralSell
    9-Feb-05Lehman BrothersDowngradeEqual-weightUnderweight
    7-Jan-05Banc of America SecDowngradeBuyNeutral
    7-Jan-05Smith Barney CitigroupDowngradeBuyHold
    16-Nov-04WachoviaDowngradeMkt PerformUnderperform
    22-Oct-04Smith Barney CitigroupInitiatedBuy
    8-Oct-04Goldman SachsDowngradeOutperformIn-Line
    7-Oct-04OppenheimerUpgradeSellNeutral
    5-Oct-04Pacific Growth EquitiesUpgradeEqual WeightOver Weight
    21-Sep-04CIBC Wrld MktsDowngradeSector OutperformSector Underperform
    21-Sep-04CSFBDowngradeOutperformNeutral
    20-Sep-04Lehman BrothersDowngradeOverweightEqual-weight
    17-Sep-04Pacific Growth EquitiesDowngradeOver WeightEqual Weight
    11-Aug-04OppenheimerDowngradeNeutralSell
    28-Jul-04Kaufman BrosDowngradeBuyHold
    28-Jul-04First AlbanyDowngradeNeutralUnderperform
    28-Jul-04WachoviaDowngradeOutperformMkt Perform
    9-Jul-04WR HambrechtDowngradeBuyHold
    15-Jun-04OppenheimerDowngradeBuyNeutral
    20-May-04PrudentialDowngradeNeutralUnderweight
    27-Apr-04Lehman BrothersUpgradeEqual-weightOverweight
    1-Apr-04Deutsche SecuritiesUpgradeHoldBuy
    30-Mar-04First AlbanyDowngradeBuyNeutral
    18-Feb-04Goldman SachsUpgradeIn-LineOutperform
    4-Dec-03First AlbanyInitiatedBuy
    26-Nov-03CSFBInitiatedOutperform
    25-Nov-03Bear StearnsInitiatedPeer Perform
    18-Nov-03OppenheimerInitiatedBuy
    24-Oct-03Lehman BrothersDowngradeOverweightEqual-weight
    21-Oct-03UBSInitiatedBuy
    3-Oct-03WachoviaInitiatedOutperform
    2-Oct-03Banc of America SecInitiatedBuy
    5-Aug-03WR HambrechtInitiatedBuy
    14-Jul-03PrudentialInitiatedBuy
    2-Jul-03Thomas WeiselInitiatedOutperform
    18-Jun-03Deutsche SecuritiesDowngradeBuySell
    2-Jun-03Banc of America SecDowngradeBuyNeutral
    19-Mar-03Deutsche SecuritiesInitiatedBuy
    11-Mar-03Pacific Growth EquitiesUpgradeEqual WeightOver Weight
    24-Jan-03Pacific Growth EquitiesDowngradeOver WeightEqual Weight
    19-Sep-02Lehman BrothersUpgradeEqual-weightOverweight
    27-Aug-02Salomon Smth BrnyDowngradeOutperformNeutral
    4-Jun-02Pacific Growth EquitiesUpgradeBuyStrong Buy
    8-May-02Merrill LynchUpgradeNT BuyNT Strong Buy
    25-Mar-02FulcrumInitiatedBuy
    5-Mar-02Morgan StanleyInitiatedOutperform
    23-Jan-02Pacific Growth EquitiesInitiatedBuy
    29-Aug-01Salomon Smth BrnyInitiatedOutperform
    26-Jan-01Epoch PartnersUpgradeNewAction Call Pos
    24-Oct-00CSFBInitiatedStrong Buy
    30-Aug-00CIBC Wrld MktsInitiatedBuy
    26-Jul-00PaineWebberInitiatedBuy
    29-Mar-00Merrill LynchInitiatedNT Accum/LT Buy
    28-Mar-00USB Piper JaffrayInitiatedStrong Buy
    28-Mar-00Banc of America SecInitiatedStrong Buy

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