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Report date: May 15, 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
Initiated ATI Technologies (ATY:TSE) (initiated) Buy U $10 CIBC World Markets
---- Imax Corp. (IMX:TSE) Neutral Coverage dropped n/a Bear Stearns
No change Intrawest Corp (ITW:TSE) (reiterated) Buy U $23.50 Scotia Capital
No change ------------- (reiterated) Buy n/a Bear Stearns
No change ------------- (reiterated) Buy n/a Credit Lyonnais Securities
No change West Fraser Timber (WFT:TSE) (reiterated) Buy C $41.25 Scotia 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
---- AMC Entertainment (AEN) Neutral Coverage dropped n/a Bear Stearns
No change Best Buy (BBY) (reiterated) Near/long term buy n/a Merrill Lynch
No change Boeing (BA) (reiterated) Buy n/a First Union Securities
No change Charles Schwab (SCH) (reiterated) Market perform n/a First Union Securities
Initiated Handspring (HAND) (initiated) Hold U $12 Prudential
No change Home Depot (HD) (reiterated) Near/long term buy n/a Merrill Lynch
No change MBNA Corp. (KRB) (reiterated) Strong buy n/a First Union Securities
No change Motorola (MOT) (reiterated) Buy U $20 USB Piper Jaffray
No change ---------- (reiterated) buy n/a Dresdner Kleinwort Wass.
Initiated Palm Inc. (PALM) (initiated) Hold U $8 Prudential
No change Pfizer (PFE) (reiterated) Near/long term outperformer n/a Gruntal & Co.
No change Wal-Mart (WMT) (reiterated) Buy n/a Banc of America Securities
 
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