Avian Securities, LLC

Daily Commentary

Topics for Daily Commentary – Feb 03, 2012:

Brightpoint (CELL, Neutral) – Solid 4Q, But Guidance Lowered; Reset To Stock/Expectations A Good Thing, But We Stay Neutral Given Headwinds Discussed In Our Recent Downgrade
M-Flex (MFLX, Positive) – Revenue Guided Above Consensus, Raising Numbers, Remain Positive On iPhone (Mar Q), iPad-3 (Jun Q), iPhone-5 (Sep Q), And Samsung And ZTE Kickers
Intermec 4Q Review
First Look at January Notebook Shipments out of Taiwan
PWER: Finding a Bottom; Maintain Neutral
Bloomberg Reporting potential Blackstone Interest in Brocade
Daily Memory Commentary

Feb 02, 2012	Aviat Networks (AVNW, Positive) – Dec Q Ahead On Margin, Mar Q Guide Spot In-Line, Story Unchanged: Cheap Stock With Company A
Feb 02, 2012	Intermec (IN) - Preview - 4Q Should Be In-Line - Its 1Q Guidance We are Worried About
Feb 02, 2012	SOLAR: Solar Industry Chatter Offers False Optimism
Feb 02, 2012	Weekly HDD Commentary
Feb 02, 2012	Brightpoint (CELL, Neutral) Reports 4Q11 Results – Initial Take Ahead Of The Call
Feb 02, 2012	Meru Networks (MERU, Neutral) - Quarter In Line, Guidance Lower, Cash Burn Increasing
Feb 02, 2012	CVLT Review
Feb 02, 2012	Dell Forms Software Group
Feb 01, 2012	Seagate – $20B in CY’12 Revenues
Feb 01, 2012	AEIS: Short-term Pain before Long-term Gain
Feb 01, 2012	Meru Networks (MERU, Neutral): Earnings Preview – Looking For Evidence That Investments/New Hires Are Paying Off
Feb 01, 2012	IVAC Review
Feb 01, 2012	PWER: Earnings preview – reporting Thursday after the close
Feb 01, 2012	OCZ Update
Jan 31, 2012	CommVault Preview
Jan 31, 2012	China Reports Monthly Mobile Subscriber Adds For December 2011 - Takeaways For Nokia And Others
Jan 31, 2012	Mobile Devices: Monthly China Taobao Online Sales
Jan 31, 2012	IVAC Preview
Jan 31, 2012	TDK Implications For HDDs
Jan 31, 2012	Seagate Preview