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Report date: May 21, 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
No change Celestica (CLS:TSE) (reiterated) Strong buy aggress. U $66 Dain Rauscher Wessels
No change C-MAC Industries (CMS:TSE) (reiterated) Strong buy aggress. n/a Dain Rauscher Wessels

 
| 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
Downgrade Caterpillar (CAT) Strong buy Market perform n/a Legg Mason
No change Eli Lilly (LLY) (reiterated) Near/long outperformer n/a Gruntal & Co.
Downgrade Ford Motor (F) Strong buy Hold n/a Credit Suisse First Boston
No change ----------- (reiterated) Add U $36 Dresdner Kleinwort Wass.
No change Goldman Sachs (GS) (reiterated) Strong buy n/a First Union Securities
No change Lehman Brothers (LEH) (reiterated) Strong buy n/a First Union Securities
Upgrade MP3.com (MPPP) Underperform Market perform n/a Raymond James
Upgrade Palm Inc. (PALM) Hold Strong buy n/a UBS Warburg
No change Pfizer (PFE) (reiterated) Buy n/a Banc of America Securities
No change PMC-Sierra (PMCS) (reiterated) Hold n/a Needham & Co.
No change RadioShack (RSH) (reiterated) Buy n/a Southwest Securities
Upgrade Walt Disney (DIS) Outperform Buy U $40 Salomon Smith Barney
 
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