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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 13, 2001 Check out all the Upgrades/Downgrades for March

Move
Name
Previous
Recommendation
Target
Who
Initiated
Ballard Power Systems (BLD:TSE) (initiated) Market perform n/a Lehman Brothers
No change
BW Technologies (BWT:TSE) (reiterated) Buy C $12 Yorkton Securities
Downgrade
Hummingbird Communications (HUM:TSE) Buy Outperform n/a Lazard Freres
Downgrade
United Dominion Industries (UDI:TSE) Strong buy Monitor n/a H.C. Wainwright
Downgrade
--------------------------- Buy Hold C $38 Scotia Capital
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US Focus
Move
Name
Previous
Recommendation
Target
Who
No change
Alcoa (AA) (reiterated) Buy n/a Salomon Smith Barney
Upgrade
Boeing (BA) Market perform Recommended list n/a Goldman Sachs
Initiated
------- (initiated) Market perform n/a JP Morgan
Upgrade
Cadbury Schweppe (CSG) Neutral Outperform n/a Morgan Stanley Dean Witter
Upgrade
Cisco Systems (CSCO) Hold Buy n/a Needham & Co.
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CIT Group (CIT) Market performer Buy n/a Robertson Stephens
Downgrade
Delta Airlines (DAL) Near term buy Near term accumulate n/a Merrill Lynch
No change
DoubleClick (DCLK) (reiterated) Buy n/a Wit SoundView
No change
eBay (EBAY) (reiterated) Long term buy n/a JP Morgan
Initiated
Handspring (HAND) (initiated) Hold US $23 UBS PaineWebber
No change
----------- (reiterated) Strong buy n/a Buckingham Research
No change
----------- (reiterated) Strong buy n/a USB Piper Jaffray
No change
----------- (reiterated) Buy n/a Credit Suisse First Boston
No change
HotJobs.com (HOTJ) (reiterated) Accumulate US $8 Prudential
Upgrade
Kmart Corp. (KM) Neutral Strong buy n/a Buckingham Research
No change
Merrill Lynch (MER) (reiterated) Attractive n/a Bear Stearns
No change
Motorola (MOT) (reiterated) Market perform n/a Deutsche Banc Alex Brown
Initiated
Palm Inc. (PALM) (initiated) Hold US $23 UBS PaineWebber
Last updated March 13, 2001 @4:47PM EST
The Financial Ad Trader
The Financial Ad Trader

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