NEW YORK, May 8 /PRNewswire-FirstCall/ -- With technology stocks rallying
and the NASDAQ trading at its highest level in nearly a year, what do
investors need to know to capitalize on current positive trends seen within
the sector? Is this a meaningful and sustainable rally, or will it dissipate
like so many others? In an effort to provide investors with answers to these
pertinent questions and guide them through the ebbs and flows of the
technology stock market, U.S. Bancorp Piper Jaffray will host its fifth annual
Technology Conference May 13 and 14, 2003 at the Grand Hyatt New York in New
York City. More than 125 of the industry's highest-profile technology and
communications companies will discuss their latest performance and address
current industry trends.
Management teams from participating companies will make half-hour
presentations covering a number of the growth areas, including: analog/mixed-
signal semiconductors, computer hardware, data networking and wireline
telecommunications, Internet media and marketing, learning services, security
and design software, semiconductors, software applications, software
infrastructure, technology and business services and wireless communications
"During these challenging times for the capital markets, our commitment to
meeting the needs of our clients is stronger and more important than ever,"
said Robert W. Peterson, head of research at U.S. Bancorp Piper Jaffray.
"This two-day event will arm our clients with information to guide them
through these turbulent investing waters and enable them to make smart
investing decisions going forward."
The conference commences Tuesday morning with one of four panel
discussions that will be held that day on various segments of the technology
-- Semiconductor Overview
Moderated by Robert Peterson, head of Research at U.S. Bancorp Piper
Panelists include four Piper Jaffray senior technology analysts:
-- Ashok Kumar, computer hardware and semiconductors,
-- Samuel May, wireless communications equipment,
-- Tore Svanberg, analog/mixed-signal semiconductors and
-- Sanjiv Wadhwani, data networking and wireline telecommunications.
-- Online Subscription Models: Gold Mine or Gravy?
Moderated by U.S. Bancorp Piper Jaffray Senior Internet Media and
Marketing Analyst Safa Rashtchy.
-- Merrill Brown, senior vice president of Real One - RealNetworks,
-- Reed Hastings, chief executive officer, Netflix, Inc.
-- Peter Pezaris, president of operations and product development,
-- Tom Stockham, chief executive officer, MyFamily.com, Inc.
Rashtchy and his guests will examine four successful subscription
models that have convinced nearly a million users each to pay $10-$20
per month for these services. In addition, they will address the
1. What sells online and what are users willing to pay for?
2. What is the cost of subscriber acquisition and how often do they
3. How profitable are these models (lifetime values)?
4. How big can this market be? Will subscription services provide
just some additional revenues or can it be a gold mine?
-- Online Higher Education -- From Pioneering To Mainstream
Moderated by Senior Learning Services Analyst Mark Marostica.
-- Laslo Boyd, executive vice president, University of Maryland
-- Nick Fluge, president, Career Education Corporation Online
-- Robert Silberman, chairman & chief executive officer, Strayer
-- Oakleigh Thorne, chief executive officer, eCollege
Marostica and his guests will discuss the growth dynamics of online
higher education -- are we in the first or ninth inning? In
addition, the panel will address why some online higher education
initiatives fail, while others don't and what key emerging trends and
opportunities will shape the future of the industry.
-- Mid-Year Software Trends and Outlook for 2004
Moderated by Robert Peterson.
Panelists include three Piper Jaffray senior technology analysts:
-- Eugene Munster, security and design
-- Tad W. Piper, software applications
-- David Rudow, software infrastructure
In addition, the conference will feature guest speaker Mark L. Pelesh,
partner at Drinker Biddle & Reath, in Washington D.C., discussing the current
Reauthorization of the Higher Education Act at noon eastern time on Tuesday.
Pelesh leads Drinker Biddle & Reath's Education Law Group. His practice is
focused on the legal and regulatory issues confronting educational
Company and investor participation for the U.S. Bancorp Piper Jaffray
Technology Conference is by invitation only. Members of the media who would
like to attend should contact Dana Wade at 415-277-1556 or email@example.com .
All other registration is done online at www.gotoanalysts.com .
The following companies are scheduled to present at the conference:
@Road, Inc., ActivCard Corp., ADC Telecommunications, Inc., Adobe Systems
Incorporated, Aeroflex Incorporated, ANADIGICS, Inc., Andrew Corporation,
Anteon International Corporation, Apollo Group, Inc., Applied Films
Corporation, Applied Micro Circuits Corporation, Ask Jeeves, Inc., Asyst
Technologies, Inc., ATMI, Inc., Autodesk, Inc., Avid Technology, Inc., BEA
Systems, Inc., Benchmark Electronics, Inc., Borland Software Corporation,
Broadcom Corporation, Business Objects S.A., Cabot Microelectronics
Corporation, CACI International Inc., Cadence Design Systems, Inc., Carrer
Education Corporation, Centurion Wireless Technologies, Inc., Check Point
Software Technologies Ltd., ChipPAC, Inc., ChoicePoint Inc., Cirrus Logic,
Inc., CNET Networks, Inc., Cognos Incorporated, Coherent, Inc., CommVault
Systems, Inc., Comverse Technology, Inc., Conexant Systems, Inc., Corinthian
Colleges, Inc., Cypress Semiconductor Corporation, DeVry Inc., Digital River
Inc., DoubleClick Inc., eBay Inc., Education Management Corporation,
Electronic Data Systems Corporation, Embarcadero Technologies, Inc., Entegris,
Inc., Enterasys Networks, Inc., Exar Corporation, Extreme Networks, Inc.,
Exult, Inc., FileNet Corporation, Garmin Ltd., Hutchinson Technology
Incorporated, Hyperion Solutions Corporation, Informatica Corporation,
Integrated Circuit Systems, Inc., Interactive Data Corporation, InterDigital
Communications Corporation, Intersil Corporation, ITT Educational Services,
Inc., JDA Software Group, Inc., Komag, Incorporated, Lawson Software, Inc.,
LookSmart, Ltd., Macrovision Corporation, Magma Design Automation, Inc.,
ManTech International Corporation, Manufacturers' Services Limited,
Manugistics Group, Inc., MatrixOne, Inc., Mentor Graphics Corporation, Micrel,
Incorporated, Micron Technology, Inc., MicroStrategy Incorporated, Motorola,
Inc., Monster Worldwide, MRO Software, Inc., National Semiconductor
Corporation, Netflix, Inc., NetScreen Technologies, Inc., Network Associates,
Inc., Newport Corporation, Novellus Systems, Inc., O2Micro International
Limited, ON Semiconductor Corporation, Overture Services, Inc., Parametric
Technology Corporation, PeopleSoft, Inc., Pericom Semiconductor Corporation,
Pinnacle Systems, Inc., Polycom, Inc., Power Integrations, Inc., Powerwave
Technologies, Inc., ProQuest Company, Progress Software Corporation, QUALCOMM
Incorporated, Quantum Corporation, RealNetworks, Inc., REMEC, Inc., RF Micro
Devices, Inc., Roxio, Inc., RSA Security Inc., SafeNet, Inc., Salesforce.com,
SanDisk Corporation, Secure Computing Corporation, SeeBeyond Technology
Corporation, Siebel Systems, Inc., Silicon Image, Inc., SINA Corporation,
Skyworks Solutions, Inc., SonicWALL, Inc., SSA Global Technologies, Inc.,
Strayer Education, Inc., Sun Microsystems, Inc., Supertex, Inc., SupportSoft,
Inc., Sylvan Learning Systems, Inc., Systems & Computer Technology
Corporation, Tektronix, Inc., Tessera Technologies, Inc., TriQuint
Semiconductor, Inc., United Online, Inc., UTStarcom, Inc., Vecco Instruments
Inc., Veridian Corporation, Verint Systems Inc., Verisity Ltd., Virage Logic
Corporation, Vishay Intertechnology, Inc., Xicor, Inc., Wavecom S.A.,
webMethods, Inc. and Western Digital Corporation.
U.S. Bancorp Piper Jaffray, a subsidiary of Minneapolis-based U.S. Bancorp
(NYSE: USB), is a focused securities firm comprised of four lines of business:
Equity Capital Markets, Fixed Income Capital Markets, Private Advisory
Services and Research. The firm provides a full range of investment products
and services to individuals, institutions and businesses and has over
124 offices in 25 states across the country. For more information on U.S.
Bancorp Piper Jaffray, visit www.piperjaffray.com .
This press release contains forward-looking statements. Statements that
are not historical or current facts, including statements about beliefs and
expectations, are forward-looking statements. These forward-looking
statements are subject to risks and uncertainties relating to the proposed
spin-off of the U.S. Bancorp Piper Jaffray business, including the impact of
the proposed spin-off on U.S. Bancorp's and the new company's results of
operations, the financial accounting consequences of the proposed transaction,
the impact of the spin-off on U.S. Bancorp's stock price and on its and the
new company's relationships with their respective customers and employees, the
tax consequences of the transaction to U.S. Bancorp, the new company and their
respective stockholders, changes in business climate or market conditions or
other factors which could make the proposed spin-off unadvisable. These
forward-looking statements involve other inherent risks and uncertainties, and
other important factors could cause actual results to differ materially from
those anticipated, including those contained in U.S. Bancorp's Form 10-K and
other reports on file with the U.S. Securities and Exchange Commission.
Forward-looking statements speak only as of the date they are made, and U.S.
Bancorp undertakes no obligation to update them in light of new information or
Additional information is available upon request.
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