*Exclusive* Paul Weinstein Lands at DMG

Noted networking analyst

Paul Weinstein

has moved from

PaineWebber

to

Deutsche Morgan Grenfell

, replacing

Noel Lindsay

as the networking analyst with DMG's tech group in Menlo Park, Calif.

Weinstein, ranked a Second-Team All Star Analyst by

Institutional Investor

last year, covers data-networking companies such as

Cisco

(CSCO) - Get Report

.

Weinstein called

TSC

last night from DMG and confirmed his departure from PaineWebber (reported yesterday by

Dow Jones

). Another person at DMG confirmed Weinstein's arrival at the firm.

Last month, when rumors of Lindsay's potential departure were circulating, he told

TheStreet.com

he had no plans to leave the DMG tech group. Wednesday his voice mail message said he had left the group and would be traveling.

Neither analyst was immediately available for comment.