Piper Jaffray Expands Semiconductor Research Platform; Hires Richard Shannon as Senior Research Analyst
March 29 2004 - 12:55PM
PR Newswire (US)
Piper Jaffray Expands Semiconductor Research Platform; Hires
Richard Shannon as Senior Research Analyst SAN FRANCISCO, March 29
/PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to
announce that Richard Shannon has joined the firm as a senior
research analyst covering semiconductors, specifically
communications and memory-oriented companies. The addition of these
subsectors represents an expansion of Piper Jaffray's semiconductor
research, which is currently covered by Piper Jaffray enterprise
computing and storage and semiconductors analyst Ashok Kumar and
analog/mixed signal semiconductors analyst Tore Svanberg. The
broader Piper Jaffray technology research platform currently
encompasses: -- Analog/Mixed Signal Semiconductors -- Data
Networking and Wireline Telecom -- Defense Electronics and Homeland
Security -- Enterprise Computing and Storage, Semiconductors --
Internet Media and Marketing -- Learning Services -- Semiconductor
Capital Equipment -- SoftwareApplications -- Software
Infrastructure -- Software Security and Design -- Technology and
Business Services -- Wireless Communications Equipment "We are
thrilled Richard will be leading this expansion of our technology
research platform,"said Mike Ott, head of Equity Research at Piper
Jaffray. "We have been looking to expand our research coverage of
the semiconductor industry and feel Richard is the ideal candidate
for the position." Shannon, who is based in the firm's San
Francisco office, joins the firm from UBS where he was an equity
research analyst covering semiconductors. Prior to UBS, he was an
analyst at Epoch Partners in San Francisco and at John G. Kinnard
& Co. in Minneapolis. Shannon has a master's of business
administration degree from the Carlson School of Management at the
University of Minnesota in Minneapolis, and a bachelor of science
degree in computer and electrical engineering from Purdue
University in West Lafayette, Ind. He holds the Chartered Financial
Analyst designation. Headquartered in Minneapolis, Piper Jaffray
& Co., a subsidiary of Piper Jaffray Companies (NYSE:PJC), is a
focused securities firm dedicated to delivering superior financial
advice, investment products and transaction execution within
selected sectors of the financial services marketplace. The company
operates through two primary revenue-generating segments -- Capital
Markets and Private Client Services. Investment Research, an
independent group reporting to the CEO, supports clients of both
segments. The firm serves corporations, government and non-profit
entities, and institutional investors on a national basis and
serves the financial advisory needs of private individuals
predominantly across the western half of the United States. The
firm has over 2900 employees in 111 offices in 23 states across the
country and in London, England. For more information about Piper
Jaffray, visit us online at http://www.piperjaffray.com/ . Since
1895. Member SIPC and NYSE. DATASOURCE: Piper Jaffray & Co.
CONTACT: Dana H. Wade, Public Affairs and Media Relations of Piper
Jaffray & Co., +1-415-277-1556 Web site:
http://www.piperjaffray.com/
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