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The Investors Centre - Upgrades/Downgrades: November 21, 2000
Name
Previous
New Recommendation
Target
Who
Alliance Atlantis Communications (AAC.B:TSE) (maintained) Buy C $29 TD Securities
  (maintained) Strong buy C $31 CIBC World Markets
  (maintained) Near/Long term buy n/a Merrill Lynch
Anderson Exploration (AXL:TSE) Hold Buy C $35 UBS Bunting Warburg
Ballard Power Systems (BLD:TSE) (new coverage) Hold n/a ABN Amro
Canadian REIT (REF.UN:TSE) n/a Buy C $12.25 Scotia Capital
Cinram (CRW:TSE) Buy Hold C $5.25 CIBC World Markets
Four Seasons Hotels (FSH:TSE) (reiterated) Buy C $115 National Bank Financial
George Weston (WN:TSE) (maintained) Buy C $85 National Bank Financial
  Buy Hold C $85 Dundee Securities
Magna International (MG.A:TSE) Buy Neutral n/a Bear Stearns
Nortel Networks (NT:TSE) (reiterated) Strong buy n/a Wit SoundView
  (new coverage) Buy US $45 Lazard Freres
Power Corp (POW:TSE) n/a Strong buy C $44 Scotia Capital
QLT Inc. (QLT:TSE) (maintained) Buy US $80 Lehman Brothers
Royal Group Tech (RYG:TSE) (maintained) Outperform n/a Goldman Sachs
Telus Corp (T:TSE) (reiterated) Outperform C $46 RBC Dominion Securities
Tundra Semiconductors (TUN:TSE) (reiterated) Strong buy C $120 CIBC World Markets
Wi-LAN Inc. (WIN:TSE) Speculative strong buy Speculative buy C $25 CIBC World Markets
US Companies
AT&T Wireless (AWE) Buy Strong Buy n/a CIBC World Markets
eBay (EBAY) Buy Strong Buy n/a CE Unterberg Towbin
Lucent (LU) Long term buy Long term accumulate n/a Merrill Lynch
News Corp (NWS.A) Strong buy Outperform n/a Morgan Stanley Dean Witter
Starbucks (SBUX) Strong buy Buy n/a Chase H&Q
Viacom (VIA) Strong buy Outperform n/a Morgan Stanley Dean Witter
Walt Disney (DIS) Strong buy Outperform n/a Morgan Stanley Dean Witter

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