Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Olico?? You don't even want to get me started. You ready to go there? I don't think so!

212.943.9055 / 800.533.8987 9 March 2007

OPCO INK


OPCO Events

· Capitol Bancorp (CBC) in Des Moines 3/12
· Noble Energy (NBL) Group Dinner in New York 3/13
· Signature Bank (SBNY) Group Lunch in NY 3/13
· Semiconductor Field Trip - 3/13-3/14 in Silicon Valley, CA: MRVL SIRF TRID NETL GNSS LSIG SMOD ZRAN SUPX AMCC ATHR MOSY SYNA

MORNING SECTOR SUMMARY

Technology
EVENTS:

· ULTI at Pacific Crest’s 2nd Annual On-Demand Conference.



UPGRADES/DOWNGRADES:

· LTXX upped to a Buy from Hold, Stifel, 9.00 P/T
· TXN, upped to Mkt Outperform from Mkt Perform, JPM Securities, 36.00 P/T


EARNINGS:

· Pre-Opening: SKIL

NEWS HEADLINES:

· Google Chief, tussling with copyrights, says media companies need YouTube.
· Royal Philips plans to sell portion of its TSMC holding in `near future'.
· National Semiconductor profit falls less than estimated; shares advance.
· Hewlett-Packard, Hitachi to partner on business PCs in Japan.

Defense
Today's Headlines:

· ATK - Alliant Techsystems files to register $300M in convertible notes previously sold in private transactions on 6-Sep (86.91)
Registration also covers stock issuable upon conversion, including the rights attached to the stock.
· BAE systems (BA.LN) & VT Group (VTG.LN) bidding for £2B order from Saudi Arabia -Independent


Earnings:

· AVAV - AeroVironment reports Q3 EPS $0.57 and is unclear if comparable to Reuters consensus $0.25 (21.43)
· GLS - Genesis Lease reports Q4 revenues of $41.6M vs Reuters $37.0M. (24.85)
Results include 13 days of operations from the completion of its IPO on 19-Dec-06 through 31-Dec-06, as well as the results of its predecessor entity for the period from 01-Oct-06 through 18-Dec-06.

· EAD.FP - EADS reports Q4 EBIT (€1.04B) vs Bloomberg consensus (€0.89B) (23.69)

Restaurants/Consumer Products
Up/Downgrades:

· BRINKER INTERNATIONAL INC. (EAT) - Raised to `BUY' from `NEUTRAL' at UBS
· CHEESECAKE FACTORY (CAKE) - Cut to `UNDERWEIGHT' at PRUDENTIAL
· JONES SODA CO. (JDSA) - Raised to `BUY' at Stifel Nicolaus


Today’s Headlines:
· APPLEBEE’S INTL (APPB) - Company announces that negotiations with activist hedge fund Breeden Capital have failed to produce an agreement after Breeden rejected the company's offer of two board seats. Breeden Capital, a 5% shareholder, is seeking four seats on the Applebee's board of directors.


· LIFETIME BRANDS, INC (LCUT) - Announced today that it has entered into a letter of intent with respect to the acquisition by Lifetime of up to a 29.9% interest in Ekco, S.A.B. in exchange for a capital infusion into Ekco. Lifetime will provide Ekco with product development and other services to help Ekco accelerate its growth. In addition, Lifetime and Ekco will propose to enter into cross-licensing arrangements pursuant to which Ekco will license the Vasconia(R) brand to Lifetime and Lifetime will license certain of its brands to Ekco. Ekco will provide Lifetime with consumer and professional cookware manufactured in Ekco's plants for sale in the U.S.


· THE PROCTER & GAMBLE (PG) - Confirmed previously announced sales and earnings guidance

For the January to March quarter of fiscal year 2006/07, the company continues to expect sales growth for the quarter of seven percent to nine percent, organic sales growth in line with previous guidance and diluted earnings per share of $0.72 to $0.74. In addition, P&G announced that the release date of final results for the January to March quarter is scheduled for May 1, 2007.


· VICORP RESTAURANTS (VRES) - 1Q Comp Restaurant Sales Down 4%. VICORP Restaurants 1Q Loss $1.08M

· DRINKS AMERICAS HOLDINGS, LTD (DKAM) - Announced today that Hubert Millet has been elected to its Board of Directors.

All I'm going to say about what they said. You can thank Olico for that.