Zeev's Turnips Patch-No Politics (ZEEV)

[AKvetch]

ZRAN. [Briefing.com] September 16, 2002 2:52:00 PM ET

Zoran (ZRAN) 11.09 -0.41: Stock dropped 13% Friday due to ESST's preannouncement on Thursday; SG Cowen defends co against sector concerns. Firm believes ZRAN is on track to meet Q3 guidance of 25%+ q/q revenue growth citing strength from Japanese DVD player OEM and its digital camera business. Cowen notes ZRAN has $7/share in cash and is already profitable ... sees upside potential if co meets Q3 guidance.