ARAY started as Neutral at UBS.
C started as Buy at AGEdwards.
CKR started as Buy at Wedbush Morgan.
CNI started as Outperform at CIBC.
CLWR started as Buy at Pali Research.
CP started as Sector Perform at CIBC.
CPHD started as Overweight at Thomas Weisel.
CRA started as Mkt Weight at Thomas Weisel.
DIGE cut to Mkt Weight at Thomas Weisel.
DOW raised to Overweight at HSBC.
EP raised to Outperform at Credit Suisse.
EQT raised to Outperform at Credit Suisse.
GIII started as Overweight at Thomas Weisel.
GILD raised to Buy at Merrill Lynch.
JBX started as Hold at Wedbush Morgan.
LMNX started as Overweight at Thomas Weisel.
MEDI cut to Peer Perform at Bear Stearns.
MGRM started as Mkt Weight at Thomas Weisel.
MLNX started as Mkt Weight at Thomas Weisel.
MGRM started as Mkt Weight at Thomas Weisel.
MPW started as Hold at Stifel Nicolaus.
NOOF raised to Buy at Roth.
OMM cut to Neutral at JPMorgan.
OPX cut to Underperform at FBR.
PPG raised to Buy at Deutsche Bank.
PSPT raised to Outperform at FBR.
RTI started as Neutral at B of A.
SFUN cut to Sector Perform at CIBC.
SNDK raised to Outperform at CIBC.
STR raised to Outperform at Credit Suisse.
TIE started as Buy at B of A.
VAL raised to Buy at Deutsche Bank.
VLCCF raised to Neutral at JPMorgan.
VMSI started as Mkt Weight at Thomas Weisel.
Jon C. Ogg
March 20, 2007