UPGRADES
Gold Fields GFI CIBC Wrld Mkts Sector Underperform » Sector Perform
Yamana Gold AUY CIBC Wrld Mkts Sector Perform » Sector Outperform
Agnico-Eagle Mines AEM CIBC Wrld Mkts Sector Perform » Sector Outperform
Kinross Gold KGC CIBC Wrld Mkts Sector Perform » Sector Outperform
Avocent AVCT Needham & Co Hold » Buy
Dime Community DCOM Stifel Nicolaus Sell » Hold
Baxter BAX Citigroup Hold » Buy
Helen of Troy HELE Jefferies & Co Hold » Buy
Western Refining WNR Deutsche Securities Sell » Hold
Dassault Systems DASTY Deutsche Securities Hold » Buy
Hutchison Telcom HTX Citigroup Sell » Buy
Satyam Computer SAY Lehman Brothers Underweight » Overweight
Wipro WIT Lehman Brothers Underweight » Overweight
Infosys INFY Lehman Brothers Equal-weight » Overweight
Avocent AVCT Robert W. Baird Neutral » Outperform
Fed Investors FII UBS Neutral » Buy
Starbucks SBUX Banc of America Sec Sell » Neutral
DOWNGRADES
Teradyne TER AmTech Research Buy » Neutral
Novellus NVLS AmTech Research Buy » Neutral
Lam Research LRCX AmTech Research Buy » Neutral
Kulicke & Soffa KLIC AmTech Research Buy » Neutral
KLA-Tencor KLAC AmTech Research Buy » Neutral
Intevac IVAC AmTech Research Buy » Neutral
FEI Company FEIC AmTech Research Buy » Neutral
Applied Materials AMAT AmTech Research Buy » Neutral
MIPS Techs MIPS Longbow Buy » Neutral
ViaSat VSAT Collins Stewart Buy » Market Perform
Western Digital WDC Caris & Company Buy » Average
Seagate Tech STX Caris & Company Above Average » Below Average
Pharmasset VRUS Stifel Nicolaus Buy » Hold
Circuit City CC Cowen & Co Outperform » Neutral
Best Buy BBY Cowen & Co Outperform » Neutral
Brinker EAT KeyBanc Capital Mkts Hold » Underweight
Intuitive Surgical ISRG Wachovia Outperform » Mkt Perform
Shoretel SHOR Janney Mntgmy Scott Buy » Neutral
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