Lehman Brothers Maintains Rating for Avici Despite Management Change (AVCI)

| About: Avici (AVCI)

In a note to clients, Lehman Brothers' Jiong Shao maintains his Underweight rating for Avici (AVCI); this in spite of the company's SVP Worldwide Sales and Service Chris Koeneman's decision to leave the company. "Given AVCI's executional challenges, we do not
believe shares will be impacted by the announcement."

AVCI 1-yr Chart