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The Investors Centre - Upgrades / Downgrades
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Report date: May 2, 2001
  Canadian Focus (Go to US Focus)
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May Upgrades / Downgrades

Insiders Report

TSE Shorts

Earnings

Move
Name
Previous
Recommendation
Target
Who
Upgrade Agrium (AGU:TSE) Neutral Buy n/a Salomon Smith Barney
Downgrade AT&T Canada (TEL.B:TSE) Outperform Neutral n/a Morgan Stanley Dean Witter
Upgrade ATI Technologies (ATY:TSE) Hold Strong buy U $10 Prudential Securities
Upgrade Celestica (CLS:TSE) Attractive Buy n/a Bear Stearns
No change Gildan Activewar (GIL.A:TSE) (reiterated) Add n/a Dresdner Kleinwort Wass.
No change Glamis Gold (GLG:TSE) (maintained) Buy C $4 Research Capital
Upgrade Nortel Networks (NT:TSE) Attractive Buy n/a Bear Stearns
No change QLT (QLT:TSE) (reiterated) Buy U $43 Deutsche Banc Alex Brown
Downgrade Toromont Industries (TIH:TSE) Strong buy Buy n/a Research Capital
| Upgrade - Upgraded | Downgrade - Downgraded | No change - No change | Not available - Info not available | Initiated- Initiated |
| C - Canadian Dollar | U - U.S. Dollar |

  US Focus (Go to Canadian Focus)

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Move
Name
Previous
Recommendation
Target
Who
Initiated AT&T Wireless (AWE) (initiated) Attractive n/a Bear Stearns
No change Apple Computer (AAPL) (reiterated) Accumulate n/a Prudential Securities
Upgrade Cheap Tickets (CTIX) Neutral Buy aggressive U $15 Dain Rauscher Wessels
No change Citigroup (C) (reiterated) Buy n/a ABN AMRO
Upgrade Dow Chemical (DOW) Outperform buy U $40 Salomon Smith Barney
No change ----------------- (reiterated) Strong buy n/a Credit Suisse First Boston
No change Eli Lilly (LLY) (reiterated) Near/long term outperformer n/a Gruntal & Co.
Upgrade KPMG Consulting (KCIN) Market perform Buy n/a Deutsche Banc Alex Brown
Initiated Nextel Communications (NXTL) (initiated) Buy U $33 Bear Stearns
No change ---------------------- (reiterated) Outperform n/a Salomon Smith Barney
No change ---------------------- (reiterated) Market perform n/a Legg Mason
Upgrade Priceline.com (PCLN) Long term neutral Long term accumulate n/a Merrill Lynch
No change -------------- (reiterated) Long term attractive n/a Robertson Stephens
No change -------------- (reiterated) Hold n/a Prudential Securities
No change -------------- (reiterated) Outperform n/a Morgan Stanley Dean Witter
Upgrade Register.com (COM) Buy Strong buy n/a Legg Mason
Downgrade Sunoco (SUN) Buy Hold n/a Credit Suisse First Boston
Downgrade --------- Strong buy Buy U $42 UBS Warburg
Initiated The Gap (GPS) (initiated) Long term attractive U $30 Wedbush Morgan
 
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