Jason Wood_

What DivX Must Do To Succeed

Davis,

Just to be clear. The reason no sell-side firms cover DIVX is because they're prohibited to until the grace period is up post IPO. You can be sure that all of the banking houses will have rosy initiation reports for DIVX ready to roll on the day it's legally allowed. The question investors will need to ask themselves (as they should with any IPO) is whether we can reasonably expect true objectivity from sell-side firms that were involved with the banking initiative.

J