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Cutting Forecast for Qwest

Company: Fastenal Co. (FAST)

Year ending: Dec-02

Prior estimate: 2.45

New estimate: 2.10

Rationale: Slow economic rebound

Company: Qwest Communications (Q)

Year ending: Dec-01

Prior estimate: 0.34

New estimate: 0.21

Rationale: Company guidance

DEC. 26

Company: Dynegy (DYN)

Year ending: Dec-02

Prior estimate: 2.55

New estimate: 2.30

Rationale: Reflects equity offering

Company: Mirant Corp. (MIR)

Year ending: Dec-02

Prior estimate: 2.50

New estimate: 2.00

Rationale: Equity offering, asset sales

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