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Earnings Expectations Lowered for UAL

Company: Advanced Micro (AMD)

Year ending: Dec-01

Prior estimate: 2.35

New estimate: 2.00

Rationale: Lower selling prices

Company: America West (AWA)

Year ending: Dec-01

Prior estimate: 1.60

New estimate: 1.30

Rationale: Higher fuel costs

Company: Apple Computer (AAPL)

Year ending: Sep-01

Prior estimate: d0.27

New estimate: d0.34

Rationale: Weaker than expected gross margin

Company: Huntington (HBAN)

Year ending: Dec-01

Prior estimate: 1.40

New estimate: 1.20

Rationale: Higher deposits costs, oper expns

Company: RPM Inc (RPM)

Year ending: May-01

Prior estimate: 0.83

New estimate: 0.70

Rationale: Impact of bad weather, slower economy

Company: Timken Co (TKR)

Year ending: Dec-01

Prior estimate: 1.20

New estimate: 0.95

Rationale: Reflects very weak Q1

Company: UAL Corp (UAL)

Year ending: Dec-01

Prior estimate: 5.90

New estimate: 2.40

Rationale: Higher fuel & labor costs

Company: US Airways (U)

Year ending: Dec-01

Prior estimate: 2.00

New estimate: 0.80

Rationale: Higher fuel costs, competition

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