Mark Murphy Joins Piper Jaffray Technology Investment Research Team to Broaden Software Industry Coverage
27 February 2008 - 3:09AM
PR Newswire (US)
SAN FRANCISCO, Feb. 26 /PRNewswire/ -- Piper Jaffray announced it
has hired Mark Murphy as a senior research analyst to broaden the
firm's coverage of the software and technology sector. Murphy will
cover enterprise software companies, and will be based in the
firm's San Francisco office. Murphy has more than 10 years of
experience working as a software industry analyst. Most recently,
he was a managing director at Broadpoint Capital (formerly First
Albany Capital) where he covered the enterprise software sector and
was consistently recognized as a top-rated analyst. In addition,
Murphy was honored by Forbes magazine in January 2007 as the No. 1
sell-side stock picker in the software industry and was recognized
in The Wall Street Journal's 2001 "Best on the Street" annual
survey in the category of earnings forecasting. He graduated with a
bachelor's degree in economics and business management from Cornell
University. "Mark brings strong quantitative and valuation
experience to the Piper Jaffray technology research team," said
Joel Denney, head of Piper Jaffray investment research. "His
expertise further extends our research capabilities and our ability
to provide proprietary and in-depth analysis of the software
sector." Murphy will join Piper Jaffray senior research analyst
Ajay Kasargod in covering the software industry, increasing the
firm's breadth of enterprise software coverage. In addition to the
software sector, Piper Jaffray provides technology research
expertise in the following sub-sectors: computer hardware and
semiconductors, Internet, IT services and wireless technologies.
About Piper Jaffray Piper Jaffray Companies is a leading,
international middle-market investment bank and institutional
securities firm, serving the needs of middle-market corporations,
private equity groups, public entities, nonprofit clients and
institutional investors. Founded in 1895, Piper Jaffray provides a
comprehensive set of products and services, including equity and
debt capital markets products; public finance services; mergers and
acquisitions advisory services; high-yield and structured products;
institutional equity and fixed-income sales and trading; and equity
and high-yield research. With headquarters in Minneapolis, Piper
Jaffray has 25 offices across the United States and international
locations in London, Hong Kong and Shanghai. Piper Jaffray &
Co. is the firm's principal operating subsidiary. (NYSE:PJC)
(http://www.piperjaffray.com/) Since 1895. Member SIPC and FINRA.
(C) 2008 Piper Jaffray & Co., 800 Nicollet Mall, Suite 800,
Minneapolis, Minnesota 55402-7020 DATASOURCE: Piper Jaffray
CONTACT: Andrea Young, Media Relations of Piper Jaffray,
+1-612-303-6697 Web site: http://www.piperjaffray.com/
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