11.   Even so, Merrill Lynch downgraded the stock of Overture on Wednesday to buy from strong buy, citing competition from Google.

12.   Even worse, GoTo demanded that Merrill downgrade the stock of a GoTo competitor, and Merrill complied.

13.   However, some Centocor watchers disagreed, and at least one analyst downgraded the stock today.

14.   If an influential analyst downgrades a stock, its price often falls, usually before institutions have time to get out.

15.   In fact, they are so bad that Bear Stearns downgraded the stock Monday morning.

16.   Investment house Merrill Lynch downgraded the stock on Thursday as Disney warned of a decline in ad revenue and retailing next quarter.

17.   Kammen was among those downgrading the stock.

18.   One analyst downgraded the stock moments after the announcement.

19.   Q. You shook up a lot of people last July when you downgraded semiconductor stocks, citing deteriorating fundamentals.

20.   Robinson-Humphrey, which downgraded the stock, said the company miscalculated the market shift to Java-based technology.