Monday, March 03, 2008

Early Morning Tidbits:

- Piper Jaffray is positive on Research in Motion (NASDAQ:RIMM) saying February channel checks indicated strong demand for smartphones and data-oriented devices across all four major U.S. carriers. Firm believes RIM has lowered channel inventory and should guide to sequential May quarter growth despite tough February comparisons and North American economic concerns. Reits Neutral and $112.

- OpCo's Meredith Whitney is out negative on brokers (GS, MER, BSC, MS) saying the finality of fiscal Q108 causes the firm to take yet another whack at ests.

- Morgan Stanley is positive on Leap Wireless (NASDAQ:LEAP).

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