In today's Daily Update, you'll find research on Cisco (CSCO),
Dell (DELL), Compaq (CPQ), Sun Microsystems (SUNW), Network
Appliances (NTAP), Hewlett-Packard (HWP), Apple (AAPL), IBM
(IBM), Gateway (GTW), Maxtor (MXO) MedImmune (MEDI), Freddie
Mac (FRE), Berkshire Hathaway (BRKA), Conoco (COCB), Corning
(GLW), JDS Uniphase (JDSU), Nokia (NOK), and many more.

For free research, editor's picks, and more come to the Daily Investor:
http://www.multexinvestor.com/magazinecover.asp?nd=0522#investor
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Featured in today's edition of the Daily Update:

1. TODAY'S SPECIAL REPORT: Robertson Stephens scrutinizes Cisco's (CSCO)
most recent inventory charge.

2. DAILY FREE SPONSOR REPORT: Morgan Stanley rates Agilent Technologies
(A) a "strong buy-volatile."

3. FREE RESEARCH REPORT: Ford Investor Services provides comparable value
graphs on six electronics and instrument stocks.

4. ASK THE ANALYST: AmericaInvest.com's Mitch Ratcliffe tells investors
that they need to be patient.

5. INDEPENDENT'S INVESTMENT REVIEW: The Wall Street Transcript picks the
brain of money manager, John Thurston Beaty, Jr. of Beaty Haynes &
Patterson.

6. WORD FROM OUR SPONSOR: American Century: Retirement Plan Distribution
Options

7. PERSONAL FINANCE'S ASK THE EXPERT: Alan and Stephen Cohn, certified
financial planners and founders of Sage Online

8. INVESTORS' CHOICE: 3-DAY FAVORITE: Friedman, Billings, Ramsey & Co.
offers a long-term perspective on "far-sighted" large-cap IT companies.

9. HOT REPORT: CIBC World Markets analysts gaze past the bottom in
semiconductors and electronics manufacturing to find top picks.

10. EDITOR'S PICK: Prudential Securities publishes the results of its
vendor and channel checks for PC and enterprise hardware providers.

11. TODAY'S TOP 10: Investor have been searching for stocks to benefit
from a second-half recovery.

12. MESSAGE BOARDS: Bridgeway fund manager John Montgomery finds a gem
amid the ruins of the Internet sector. Find out why he likes Register.com
(RCOM).

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1. TODAY'S SPECIAL REPORT
Cisco's (CSCO) result's impact on an industry -- Robertson Stephens
scrutinizes the bellwether's inventory charge.

The firm presents its analysis of CSCO's April-quarter results on the
communication group's demand, revenue growth, and book-to-bill ratios on
near-term business. What do analysts conclude about CSCO's write off?
(5-page report for purchase - $10)
Click here.
http://www.multexinvestor.com/download.asp?docid=20574289&nd=0522


2. DAILY FREE SPONSOR REPORT
Agilent Technologies (A) -- Morgan Stanley sets a $50-price target on the
former Hewlett-Packard (HWP) division.

The firm believes that A is one of the few large-cap tech companies with
an accelerating secular revenue growth-rate story. Sign up for the firm's
free-research trial to access the report on this "strong buy-volatile"
rated stock.
Click here.
http://www.multexinvestor.com/download.asp?docid=4521759&sid=8&nd=0522


3. FREE RESEARCH REPORT
Specialty electronic and instrument stocks -- Ford Investor Services
provides comparable value graphs on six companies.

The independent firm charts the fundamentals of Avanex (AVNX), Coherent
(COHR), GSI Lumonics (GSLI), JDS Uniphase (JDSU), Newport (NEWP) , Spectra
Physics (SPLI). This report is free for a limited time.
Click here.
http://www.multexinvestor.com/magazinecover.asp?nd=0522#investor


4. TODAY IN THE ANALYST CORNER
Stay balanced, be patient -- AmericaInvest.com's Mitch Ratcliffe offers
advice on how to invest this summer.

Ratcliffe offers advice on dealing with the summer market. How should you
be investing? He will be in the Analyst Corner only until 5 p.m. ET Tues.,
May 22, so be sure to ask your question now.  Ask the analyst.
Click here.
http://www.multexinvestor.com/ACHome.asp?nd=0522

Get Mitch Ratcliffe's The Wired Investor FREE for 30 Days and learn which
beaten-down tech stocks to accumulate for the long term.
Click here.
http://216.133.228.197/mitch/mitchorderpage24.asp?MID=60003


5. INDEPENDENT'S INVESTMENT REVIEW
Buy-side interview: qualifications of the ideal investment -- The Wall
Street Transcript picks the brain of money manager, John Thurston Beaty,
Jr. of Beaty Haynes & Patterson.

The portfolio manager discusses MedImmune (MEDI), Freddie Mac (FRE),
Berkshire Hathaway (BRKA), Conoco (COCB), Corning (GLW), JDS Uniphase
(JDSU), Nokia (NOK), and others in the health, financial and tech sectors
(17-page report for purchase - $50).
Click here.
http://www.multexinvestor.com/download.asp?docid=20565000&nd=0522

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6. WORD FROM OUR SPONSOR
American Century: Retirement Plan Distribution Options

When you retire or change jobs, what you decide to do with your retirement
plan money could make a big difference for your financial future. You have
several options.
Click here.
http://www.americancentury.com/mi/nsltr21.html?nd=0522


7. PERSONAL FINANCE'S ASK THE EXPERT
Alan and Stephen Cohn, certified financial planners and founders of Sage
Online

Being prepared for both the ups and downs of the market will not only be
profitable but give you greater peace of mind. The Cohns are available to
answer investors' queries until Sun., Jun 3. Ask the Expert, now.
Click here.
http://multexpf.com/asktheexpert.asp?target=/personalfinance/asktheexpert/home&nd=0522


8. INVESTORS' CHOICE: 3-DAY FAVORITE
What's ahead for technology in 2003 to 2004 -- Friedman, Billings, Ramsey
& Co. offers a long-term perspective on "far-sighted" IT companies.

The firm presents a large-cap valuation analysis on IBM (IBM), Cisco
(CSCO), Dell (DELL), EMC (EMC), Hewlett-Packard (HWP), Intel (INTC),
Microsoft (MSFT), Oracle (ORCL), WorldCom (WCOM), and five others (4-page
report for purchase - $10).
Click here.
http://www.multexinvestor.com/download.asp?docid=20541266&nd=0522


9. WHAT'S HOT?
Electronics top picks -- CIBC World Markets analysts gaze past the bottom
in semiconductors and electronics manufacturing.

The pundits find companies best positioned to offset a slowdown or
demonstrate growth. Those profiled include Celestics (CLS), Flextronics
(FLEX), Power One (PWER), ASM International (ASMI), and Microsemi (MSCC)
(3-page report for purchase - $10).
Click here.
http://www.multexinvestor.com/download.asp?docid=20601589&nd=0522


10. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE
PC and enterprise hardware monitor -- Prudential Securities publishes the
results of its vendor and channel checks.

The firm picks its favorites among Dell (DELL), Compaq (CPQ), Sun
Microsystems (SUNW), Network Appliances (NTAP), Hewlett-Packard (HWP),
Apple (AAPL), IBM (IBM), Gateway (GTW), Maxtor (MXO) and four others
(79-page report for purchase - $150).
Click here.
http://www.multexinvestor.com/download.asp?docid=20571651&nd=0522


11. TODAY'S TOP 10
Best-selling reports on Multex Investor -- A second-half rebound: Who will
benefit?

Perhaps enthused by yet another rate cut, investors hungrily purchased
reports speculating which companies will benefit from a second-half
turnaround in the economy.
Click here.
http://www.multexinvestor.com/magazine.asp?ref=topten20010522.html&nd=0522


12. MESSAGE BOARDS
Up from the ashes

Bridgeway fund manager John Montgomery finds a gem amid the ruins of the
Internet sector. Find out why he likes Register.com (RCOM).
Click here.
http://multexinvestor.sageonline.com/page.asp?id=2904&ps=1&s=3&nd=0522

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