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The Investors Centre - Upgrades/Downgrades Upgrade Upgrade Downgrade Downgrade No change No change Initiated Initiated Not available Not available
Report date: March 5, 2001 Check out all the Upgrades/Downgrades for March

Move
Name
Previous
Recommendation
Target
Who
Upgrade
Abitibi Consolidated (A:TSE) Hold Buy C $15 TD Securities
Downgrade
ATI Technologies (ATY:TSE) Accumulate Hold n/a Prudential Securities
Downgrade
------------------ Hold Reduce C $4.20 Scotia Capital
Upgrade
------------------ Hold Accumulate C $9.20 Dundee Securities
No change
Bank of Montreal (BMO:TSE) (maintained) Outperform n/a RBC Dominion Securities
Initiated
Certicom (CIC:TSE) (initiated) Buy n/a CIBC World Markets
Initiated
---------- (initiated) Buy US $15 National Bank Financial
Initiated
Descartes Systems Group (DSG:TSE) (initiated) Buy US $20 Raymond James
No change
Exfo Electro Optical Engineering (EXF:TSE) (reiterated) Buy C $60 Yorkton Securities
Downgrade
Rio Alto Exploration (RAX:TSE) Strong buy Outperfrom C $37 RBC Dominion Securities
Not available
Talisman Energy (TLM:TSE) ? Strong buy C $90 Scotia Capital
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US Focus
Move
Name
Previous
Recommendation
Target
Who
No change
Amazon.com (AMZN) (reiterated) Market outperform n/a Goldman Sachs
No change
AT&T (T) (reiterated) Near/long term accumulate n/a Merrill Lynch
No change
Dell Computer (DELL) (reiterated) Near/long term buy US $30 Merrill Lynch
Downgrade
DoubleClick (DCLK) Strong buy Buy n/a Pacific Crest
No change
H&R Block (HRB) (reiterated) Strong buy n/a Barrington Research
Upgrade
J.C Penney (JCP) Hold Buy n/a Fahnestock
Upgrade
------------ Attractive Buy n/a Bear Stearns
Downgrade
NVIDIA Corp (NVDA) Accumulate Hold n/a Prudential Securities
Upgrade
Procter & Gamble (PG) Market perform Buy n/a Banc of America Sec
Upgrade
Sprint PCS (PCS) Market outperform Strong buy US $60 Robert W. Baird
No change
Verizon Communications (VZ) (reiterated) Strong buy n/a CIBC World Markets
No change
Viacom (VIAB) (reiterated) Near/long term buy US $100 Merrill Lynch
Last updated March 5, 2001 @6:29PM EST
The Financial Ad Trader
The Financial Ad Trader

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