Pacific & Southwest Regional Banks Report

March 08, 2010

Buy ($175)

Topics covered: Strengthened Balance Sheets, Short-Term Volatility, Search For Sustained Profitability, Question of Commercial Real Estate Assets, Late-Stage Ramifications of TARP, Increased Consolidation, Finding Value Post Run-Up, FDIC-Assisted Acquisitions, Ethnic-Oriented Western Banks, Consequences Of Volcker-Obama Proposal, A Return To Normalized Earnings

Companies covered: Citrix Systems, Inc. (NASDAQ:CTXS), Amazon.com, Inc. (NASDAQ:AMZN), Vmware, Inc. (NYSE:VMW), SuccessFactors, Inc., SAP SE (NYSE:SAP), Red Hat, Inc. (NYSE:RHT), Oracle Corporation (NYSE:ORCL), Microsoft Corporation (NASDAQ:MSFT), LivePerson, Inc. (NASDAQ:LPSN), Informatica Corporation (NASDAQ:INFA), International Business Machines Corporation (NYSE:IBM), HP Inc (NYSE:HPQ), Salesforce.com Inc (NYSE:CRM), Accenture plc. (NYSE:ACN), Cerner Corporation (NASDAQ:CERN), athenahealth, Inc. (NASDAQ:ATHN), Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX), Siemens AG (OTCMKTS:SIEGY), Quality Systems, Inc. (NASDAQ:QSII), McKesson Corporation (NYSE:MCK), General Electric Company (NYSE:GE), Eclipsys Corp., Computer Programs and Systems, Inc. (NASDAQ:CPSI), Cathay General Bancorp (NASDAQ:CATY), BofI Holding, Inc. (NASDAQ:BOFI), Zions Bancorporation (NASDAQ:ZION), Wilshire Bancorp, Inc. (NASDAQ:WIBC), Umpqua Holdings Corporation (NASDAQ:UMPQ), Preferred Bank (NASDAQ:PFBC), Nara Bancorp Inc., Hanmi Financial Corporation (NASDAQ:HAFC), Glacier Bancorp, Inc. (NASDAQ:GBCI), East West Bancorp, Inc. (NASDAQ:EWBC), City National Corporation (NYSE:CYN), CVB Financial Corporation (NASDAQ:CVBF), CPB Inc. (NYSE:CPF), Center Financial Corporation, Bank of Hawaii Corporation (NYSE:BOH), Apple Inc. (NASDAQ:AAPL), Tibco Software Inc., Sybase, Inc., Progress Software Corporation (NASDAQ:PRGS), Palm, Inc., Novell Inc., Netsuite Inc (NYSE:N), Alphabet Inc (NASDAQ:GOOG), Actuate Corp., Western Alliance Bancorporation (NYSE:WAL), Sapient Corporation (NASDAQ:SAPE), Bank of Marin Bancorp (NASDAQ:BMRC)