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Re: Zeev Hed post# 65470

Thursday, 01/16/2003 11:37:04 AM

Thursday, January 16, 2003 11:37:04 AM

Post# of 704041
Zeev this is from Yahoo/Briefing


FYI

9:59AM QLogic cut to Underperform at Piper Jaffray; target $20 (QLGC) 39.87 -1.96: USB Piper Jaffray downgrades to Underperform from Mkt Perform based on valuation and decelerating revenues; firm notes that QLGC's mkt cap is over 4x the estimated HBA mkt opportunity of $870 mln in 2004, and the co (and ELX) face a big threat from INTC if CSCO endorses iSCSI; price target is $20.

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