| Upgrades & Downgrades History | |
| UPGRADES & DOWNGRADES HISTORY | |
| Date | Research Firm | Action | From | To | | 17-Nov-09 | Merriman | Downgrade | Buy | Neutral | | 30-Oct-09 | Deutsche Securities | Initiated | | Buy | | 9-Oct-09 | RBC Capital Mkts | Initiated | | Outperform | | 18-Mar-09 | Wedbush Morgan | Initiated | | Buy | | 4-Mar-09 | ThinkEquity | Upgrade | Source of Funds | Accumulate | | 27-Jan-09 | ThinkEquity | Initiated | | Source of Funds | | 25-Nov-08 | Credit Suisse | Initiated | | Outperform | | 30-Oct-08 | Merriman Curhan Ford | Initiated | | Buy | | 27-Oct-08 | Susquehanna Financial | Upgrade | Neutral | Positive | | 26-Sep-08 | Needham | Upgrade | Hold | Buy | | 25-Sep-08 | JMP Securities | Upgrade | Mkt Perform | Mkt Outperform | | 3-Sep-08 | Oppenheimer | Downgrade | Outperform | Perform | | 5-Jun-08 | Cowen & Co | Upgrade | Neutral | Outperform | | 4-Jun-08 | JMP Securities | Downgrade | Mkt Outperform | Mkt Perform | | 21-May-08 | Pacific Growth Equities | Initiated | | Buy | | 1-Apr-08 | Wachovia | Upgrade | Underperform | Mkt Perform | | 1-Apr-08 | Robert W. Baird | Upgrade | Neutral | Outperform | | 31-Mar-08 | Susquehanna Financial | Upgrade | Neutral | Positive | | 12-Mar-08 | Lazard Capital | Upgrade | Sell | Hold | | 11-Mar-08 | Merriman Curhan Ford | Initiated | | Neutral | | 29-Jan-08 | JMP Securities | Initiated | | Mkt Outperform | | 24-Jan-08 | Citigroup | Downgrade | Buy | Hold | | 16-Jan-08 | Banc of America Sec | Upgrade | Neutral | Buy | | 15-Jan-08 | Robert W. Baird | Initiated | | Neutral | | 3-Jan-08 | Wachovia | Downgrade | Mkt Perform | Underperform | | 13-Dec-07 | Lazard Capital | Initiated | | Sell | | 5-Nov-07 | Rodman & Renshaw | Downgrade | Mkt Outperform | Mkt Perform | | 19-Oct-07 | Cowen & Co | Downgrade | Outperform | Neutral | | 28-Sep-07 | BMO Capital Markets | Initiated | | Outperform | | 8-Aug-07 | Cowen & Co | Initiated | | Outperform | | 26-Jun-07 | Stifel Nicolaus | Upgrade | Hold | Buy | | 23-Apr-07 | Needham & Co | Downgrade | Buy | Hold | | 16-Apr-07 | Maxim Group | Downgrade | Hold | Sell | | 27-Mar-07 | CIBC Wrld Mkts | Initiated | | Sector Outperform | | 12-Mar-07 | Banc of America Sec | Upgrade | Sell | Neutral | | 16-Jan-07 | Susquehanna Financial | Upgrade | Negative | Neutral | | 14-Dec-06 | Maxim Group | Downgrade | Buy | Hold | | 13-Dec-06 | Banc of America Sec | Downgrade | Neutral | Sell | | 1-Dec-06 | Rodman & Renshaw | Initiated | | Mkt Outperform | | 21-Nov-06 | Susquehanna Financial | Initiated | | Negative | | 20-Sep-06 | UBS | Upgrade | Neutral | Buy | | 13-Sep-06 | Wachovia | Initiated | | Mkt Perform | | 7-Sep-06 | Maxim Group | Initiated | | Buy | | 25-Aug-06 | UBS | Upgrade | Neutral | Buy | | 24-May-06 | Banc of America Sec | Upgrade | Sell | Neutral | | 12-Apr-06 | Piper Jaffray | Upgrade | Market Perform | Outperform | | 3-Mar-06 | Deutsche Securities | Initiated | | Buy | | 8-Feb-06 | Bear Stearns | Downgrade | Outperform | Peer Perform | | 14-Dec-05 | Goldman Sachs | Upgrade | Underperform | In-Line | | 21-Nov-05 | Banc of America Sec | Downgrade | Neutral | Sell | | 9-Nov-05 | Citigroup | Initiated | | Buy | | 9-Nov-05 | Leerink Swann | Initiated | | Outperform | | 12-Oct-05 | Bear Stearns | Upgrade | Peer Perform | Outperform | | 29-Sep-05 | Prudential | Initiated | | Overweight | | 19-Aug-05 | JP Morgan | Upgrade | Neutral | Overweight | | 8-Jul-05 | Banc of America Sec | Initiated | | Neutral | | 20-May-05 | Morgan Stanley | Upgrade | Underweight | Equal-weight | | 20-May-05 | Needham & Co | Downgrade | Buy | Hold | | 21-Apr-05 | Needham & Co | Initiated | | Buy | | 14-Apr-05 | Adams Harkness | Initiated | | Buy | | 11-Jan-05 | Bear Stearns | Upgrade | Underperform | Peer Perform | | 5-Jan-05 | CSFB | Initiated | | Outperform | | 23-Jun-04 | Merrill Lynch | Upgrade | Sell | Neutral | | 1-Jun-04 | Bernstein | Upgrade | Mkt Perform | Outperform | | 16-Dec-03 | Deutsche Securities | Initiated | | Hold | | 12-Nov-03 | UBS | Downgrade | Buy | Neutral | | 11-Nov-03 | JP Morgan | Downgrade | Neutral | Underweight | | 11-Nov-03 | Legg Mason | Downgrade | Buy | Hold | | 23-Jul-03 | Legg Mason | Initiated | | Buy | | 1-Jul-03 | Legg Mason | Initiated | | Buy | | 22-May-03 | JMP Securities | Initiated | | Mkt Perform | | 15-Apr-03 | Morgan Stanley | Initiated | | Underweight | | 8-Aug-02 | UBS Warburg | Initiated | | Buy | | 30-Jul-02 | Bear Stearns | Initiated | | Neutral | | 4-Feb-02 | Merrill Lynch | Initiated | | NT Buy/LT Buy | | 5-Dec-01 | Banc of America Sec | Initiated | | Buy | | 13-Nov-01 | Morgan Stanley | Initiated | | Neutral | | 31-Oct-01 | Gerard Klauer Mattison | Initiated | | Buy | | 24-Oct-01 | Goldman Sachs | Initiated | | Mkt Outperform | | 26-Sep-01 | Dresdner Klnwrt Wass | Initiated | | Buy | | 24-Sep-01 | SG Cowen | Downgrade | Buy | Neutral | | 24-Sep-01 | Robertson Stephens | Downgrade | Strong Buy | Buy | | 21-May-01 | Robertson Stephens | Upgrade | Buy | Strong Buy | | 16-Mar-01 | Prudential | Initiated | | Strong Buy | | 14-Feb-01 | CSFB | Initiated | | Buy | | 3-Nov-00 | JP Morgan | Downgrade | Buy | LT Buy | | 28-Sep-00 | Chase H&Q | Initiated | | Buy | | 10-Mar-00 | JP Morgan | Upgrade | Mkt Perform | Buy | | 8-Sep-99 | Needham & Co | Initiated | | Buy | | 2-Sep-99 | CSFB | Initiated | | Buy | | 23-Jun-99 | JP Morgan | Initiated | | Mkt Perform | | 8-Mar-99 | Cowen & Co | Initiated | | Buy | | 2-Feb-99 | Lehman Bros | Downgrade | Outperform | Neutral | | 4-Aug-98 | Vector Securities | Upgrade | Neutral | Attractive | | 25-Jun-98 | CS First Boston | Initiated | | Hold | | 19-May-98 | Merrill Lynch | Initiated | | Accumulate |
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