Stock Market Update - Thu Nov 15 09:36:58 EST 2007

Bear Stearns upgrades Underperform to Peer Perform. Bear Stearns upgraded NTAP to Peer Perform from Underperform saying while they still have concerns (i.e., outlook could be overly optimistic amidst a weakening US enterprise), the firm is upgrading given better-than-expected results/outlook and more balanced risk/reward on their higher numbers. The firm says despite solid results, NTAP's "CSCO-like" commentary on weakness in US enterprise, with indications that it may spread to UK, still gives them pause.