Enron Mail

From:1.12714936.-2@multexinvestornetwork.com
To:brapp@enron.com
Subject:December 28, 2001 - Playing defense
Cc:
Bcc:
Date:Fri, 28 Dec 2001 02:19:35 -0800 (PST)


In today's edition of the Daily Update, Ben Macklin, senior analyst
with eMarketer, pulls together data on broadband and gives his view
of the lay of the virtual land.

Also today, we feature the most popular reports downloaded by our
readers during the past week.

You can also see the most popular tickers and sectors downloaded
by your peers by clicking here:
http://www.multexinvestor.com/cs_hot.asp?target=/stocks/companyinformation/analystresearch/whatshot&nd=1228


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Below
--------

- Investment ideas
- Broker and third-party research
- Online advice and chats
- Free and sponsored reports


Investment ideas
-----------------------------------------

1. INVESTMENT IDEAS
Broadband providers hit the canvas
DSL has fumbled the ball and cable has hit the deck, but the ref
hasn't counted them out...yet

By Ben Macklin, senior analyst, eMarketer

It has been a tough year for broadband access providers in the US.
On the digital subscriber line (DSL) front, wholesalers Rhythms
Net Connections (RTHMQ), North Point and Covad
(COVD.OB) hit the canvas. Covad is in the process of getting
back on its feet, but its future remains uncertain. On the cable side,
Excite@Home recently filed for bankruptcy, and numerous
broadband wireless providers including Winstar and Metricom
have also dissolved. But what lies ahead for those that survive?

While DSL technology has fumbled the ball early in the game and
is now unlikely to ever live up to its promise, cable and satellite
providers still have a chance to run for daylight. But for the time
being, dial-up remains the clear market leader.

Indeed, eMarketer predicts continuing growth in the dial-up sector,
at least for 2002, even though broadband services will become
more widespread. Dial-up will taper off in the following years, but
it will still be the most common means of Internet access in the
home even as late as 2004. AOL, with its 26 million subscribers
(not counting Road Runner) as of September 2001, will continue to
dominate the scene. Its nearest competitors, MSN (7 million
subscribers), United Online (6.1 million subscribers) and
Earthlink (ELNK) (4.9 million subscribers) will battle it out for
second place. Even if the largest five ISPs after AOL merged, they
would still fail to rival AOL Time Warner (AOL).

Click here to read more
http://www.multexinvestor.com/article.asp?docid=5389&;nd=1228


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Broker and third-party reports
-----------------------------------------

1. INVESTORS' CHOICE: 3-DAY FAVORITE
The 451 discusses Cisco's (CSCO) new focus on the mobile
wireless market.

This report examines IP infrastructure spending, the next-
gen Internet and network architecture layers, Cisco's
strategic alliances and mobile business customer targets,
and advanced e-services and content applications. (2-page
report for purchase - $5)
http://www.multexinvestor.com/download.asp?docid=5676705&;nd=1228


2. TODAY'S SPECIAL REPORT
Jefferies and Company reports on the latest developments in digital
subscriber line technology.

Jefferies discusses Sprint's (FON) 2002 DSL deployment strategy,
Lucent's (LU) new Stinger platform, Virata's new VoIP chipset,
compares recent DSL and cable modem additions, business DSL
services, and broader industry issues. (16-page report for purchase
- $50)
http://www.multexinvestor.com/download.asp?docid=25874163&;nd=1228


3. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE
Adams, Harkness & Hill provides a communications technology
update.

In the report, discussion of the failure of the 1996 Telecom Act,
recent industry news, and specific company news on Advanced
Fiber (AFCI), CoSine (COSN), Lucent (LU), SeaChange Intl.
(SEAC), and Somera (SMRA). (22-page report for purchase - $75)
http://www.multexinvestor.com/download.asp?docid=25733831&;nd=1228


4. THIRD-PARTY REVIEW
Noted independent research firm Motley Fool provides its monthly
commentary.

TMF discusses the investing mantra "invest in what you know,"
Ivax (IVX) and the generic pharmaceutical industry, Energy
Conversion Devices (ENER), Kenneth Cole Productions (KCP),
and its Foolish 8 list for Dec. (24-page report for purchase - $10)
http://www.multexinvestor.com/download.asp?docid=25885364&;nd=1228


5. WHAT'S HOT?
Prudential analyzes November site traffic for major Internet portal
and commerce names.

Analyst Mark Rowan discusses unique visitors and potential
revenue correlation for Amazon.com (AMZN), eBay (EBAY),
Yahoo! (YHOO), Homestore.com (HOMS), Expedia (EXPE),
Travelocity.com (TVLY), and Priceline.com (PCLN). (4-page
report for purchase- $10)
http://www.multexinvestor.com/download.asp?docid=25815052&;nd=1228

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Online advice and chats
-----------------------------------------

1. ASK THE ANALYST
Market Edge's Tom Ventresca explains how to profit from "head
and shoulders" chart formations.

With the aid of an actual chart, Ventresca discusses how the formation
develops, how to read the pattern, and how price objectives are
determined. Is this a chart strategy worth utilizing? Pose him questions
through tonight, Thurs., Dec. 28, 5 PM ET. Ask the analyst.
Click here http://www.multexinvestor.com/AskTheAnalystForm.asp?&;nd=1228

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2. ASK THE EXPERT
Insurance.com's Ronald E. Newton discusses life insurance
coverage issues brought up by divorce.

Newton explains the importance of reviewing insurance coverage
in the midst of divorce to protect loved ones should catastrophic
events occur. Do you have all the coverage you need? He can take
your questions until Thurs., Jan. 10. Ask the expert.
http://www.multexinvestor.com/AskTheExpertForm.asp?&;nd=1228


Free and sponsored reports
-----------------------------------------

1. FREE RESEARCH REPORT
Bear Stearns provides a detailed look at the U.S. supermarket
industry.

The report includes an industry overview, market share analysis,
growth catalysts discussion, consolidation prospects, profiles on
the sector's "big three," and more. This 227-page report, which
usually sells for $300, is free to members for the next 72 hours.
http://www.multexinvestor.com/download.asp?docid=25882012&;nd=1228


2. DAILY FREE SPONSOR REPORT
Morgan Stanley says restructuring efforts at Procter & Gamble
(PG) "insulate it more than its peers."

The firm includes its "fair value" recommendation for the stock as
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report and others by registering for the firm's free-research trial.
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