03/20: StreetInsider.com Pre-Open Movers

03/20: StreetInsider.com Pre-Open Movers:

SBS Technologies Inc. (Nasdaq: SBSE) 51% HIGHER; GE Unit to Buy SBS Technologies (SBSE) for $16.50/Share

SciClone Pharmaceuticals Inc. (Nasdaq: SCLN) 15% HIGHER; ZADAXIN Granted Orphan Drug Designation for Malignant Melanoma in United States

Michaels Stores Inc. (NYSE: MIK) 12.6% HIGHER; Confirms It Will Explore Strategic Alternatives

DepoMed Inc. (Nasdaq: DEPO) 7% HIGHER; WR Hambrecht starts at Buy

Covad Communications Group Inc. (AMEX: DVW) 6.9% HIGHER; needham upgrade

Sirius Satellite Radio Inc. (Nasdaq: SIRI) 5.3% HIGHER; Passes 4 Million Subscribers

BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) 5% LOWER; Proposed Concurrent Public Offerings of Common Stock and Senior Subordinated Convertible Notes

Lucent Technologies Inc. (NYSE: LU) 3.8% LOWER; Negative Barron�s article

Comverse Technology Inc. (Nasdaq: CMVT) 3.8% LOWER; Oppenheimer downgrades Comverse (CMVT) to Neutral

Schering-Plough Corp. (NYSE: SGP) 3% HIGHER; two broker upgrades

Lamar Advertising Co. (Nasdaq: LAMR) 2.2% LOWER; Thomas Weisel Downgrades Lamar Advertising (LAMR) to Peer Perform

McGraw-Hill Companies Inc. (NYSE: MHP) 1.5% LOWER; Citigroup downgrades McGraw-Hill (MHP) to Hold

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