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Upgrades & Downgrades - September 02
(last updated 7:05pm Eastern U.S. time)

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Upgrades
CompanySymbolBrokerage FirmUpgrade from:» Upgrade to:More

AES CorpAESCSFBHold» Buy History
About.comBOUTBear StearnsAttractive» Buy -
Amkor TechAMKRPrudentialAccumulate» Strong Buy History
Bethlehem SteelBSDeutsche Bc Alex. BrMkt Perform» Buy History
Fritz CoFRTZScott & StringfellowLong Term Buy» Strong Buy History
Intl SpeedwayISCAFirst Union Cap MktsOutperform» Buy History
Phelps DodgePDABN AMROHold» Outperform History
Phillips PetroPJP MorganMkt Perform» Buy History
Pride IntlPDEDain Rauscher WesselsNeutral» Buy History
Sun Intl HotelsSIHMrgn Stnly Dn WttrOutperform» Strong Buy History
Union PacificUNPJP MorganMkt Perform» Buy History

 
Downgrades
CompanySymbolBrokerage FirmDowngrade from:» Downgrade to:More

APT Satellite HldgsATSMerrill LynchNT Buy» NT Accum -
Brazil's CemigCEMCYLehman BrothersBuy» Neutral -
Buenaventura S.A.BVNSalomon Smth BrnyBuy» Outperform -
CSX CorpCSXMerrill LynchLT Buy» LT Accum History
CSX CorpCSXMerrill LynchNT Accum» NT Neutral History
Finish LineFINLFS Van KasperStrong Buy» Neutral History
J.C. PenneyJCPMerrill LynchNT Buy» NT Accum History
J.P. MorganJPMSchroder & CoOutperform» Perform-In-Line History
Labor ReadyLRWEVEREN Sec.IT Outperform» IT Market Perform History
Lone Star IndsLCEScott & StringfellowLong Term Buy» Hold History
OEC Medical SysOXESouthwest SecsBuy» Neutral History
Sanmina CorpSANMAdvest IncBuy» Market Perform History
Sears, RoebuckSDLJBuy» Market Perform History
Sears, RoebuckSMerrill LynchLT Buy» LT Neutral History
Select AppointmtsSELADain Rauscher WesselsBuy» Neutral History
Select AppointmtsSELAPrudentialStrong Buy» Hold History
SunGlass HutRAYSMrgn Stnly Dn WttrStrong Buy» Outperform History


 
Coverage Initiated
CompanySymbolBrokerage Firm» Initial Recommendation:More

AffymetrixAFFXHambrecht & Quist» Market Perform History
Assoc First CapitalAFSLehman Brothers» Buy History
CompuCom SysCMPCCSFB» Hold History
Convergent CommsCONVKaufman Bros» Buy History
Dycom Industries (b)DYRobinson Humphrey» ST/LT Buy History
E-LOANEELNSutro & Co» Hold History
Genentech (b)DNACIBC Wrld Mkts» Hold History
Go2NetGNETPaineWebber» Buy History
HasbroHASUSB Piper Jaffray» Strong Buy History
Hexcel CorpHXLDLJ» Market Perform History
Household IntlHILehman Brothers» Outperform History
INAMED CorpIMDCHambrecht & Quist» Buy -
Inacom CorpICOCSFB» Buy History
Ion NetworksIONNFS Van Kasper» Strong Buy -
MasTecMTZABN AMRO» Buy History
MattelMATUSB Piper Jaffray» Buy History
Pepsi BottlingPBGPrudential» Accumulate History
Vertex PharmVRTXCSFB» Buy History

(a) Brokerage firm initiating coverage participated in underwriting the recent IPO.
(b) Brokerage firm resumes coverage.
(c) Brokerage firm initiating coverage participated in the secondary offering.

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