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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 19, 2001 Check out all the Upgrades/Downgrades for March

Move
Name
Previous
Recommendation
Target
Who
No change
Canadian Pacific (CP:TSE) (reiterated) Buy n/a ING Barings
No change
Celestica (CLS:TSE) (maintained) Hold C $75 Scotia Capital
Downgrade
--------- Strong buy Buy C $90 Sprott Securities
No change
C-MAC Industries Inc. (CMS:TSE) (maintained) Buy C $48 Scotia Capital
No change
Nortel Networks (NT:TSE) (maintained) Hold C $33 Scotia Capital
Downgrade
Research In Motion (RIM:TSE) Strong buy Buy US $45 USB Piper Jaffray
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US Focus
Move
Name
Previous
Recommendation
Target
Who
No change
Ameritrade (AMTD) (resumed) Long term attractive n/a Roberston Stephens
Upgrade
Boeing (BA) Market perform Buy US $70 Lehman Brothers
No change
Corning Inc. (GLW) (reiterated) Outperform n/a Salomon Smith Barney
No change
E*TRADE (ET) (resumed) Buy n/a Robertson Stephens
Upgrade
Goldman Sachs (GS) Market perform Buy n/a Lehman Brothers
Downgrade
--------------- Add Hold US $90 Dresdner Kleinwort Wass.
Downgrade
Handspring (HAND) Strong buy Buy US $32 USB Piper Jaffray
Upgrade
Merrill Lynch (MER) Buy Strong buy n/a Lehman Brothers
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Morgan Stanley Dean Witter (MWD) Market perform Buy n/a Lehman Brothers
Downgrade
----------------------------- Add Hold US $62 Dresdner Kleinwort Wass.
No change
Pfizer (PFE) (reiterated) Near/long term outperformer n/a Gruntal & Co.
No change
Philip Morris (MO) (reiterated) Recommended list n/a Goldman Sachs
Downgrade
PSINet (PSIX) Reduce Sell n/a AG Edwards
No change
Sprint PCS (PCS) (reiterated) Buy n/a ABN AMRO
Last updated March 19, 2001 @5:21PM EST
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The Financial Ad Trader

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