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Lower Estimate for Qwest


Company: Agilent Technologies (A)

Year ending: Oct-02

Prior estimate: d1.24

New estimate: d0.55

Rationale: Continued soft markets

Company: Arrow Electronics (ARW)

Year ending: Dec-02

Prior estimate: 0.85

New estimate: 0.60

Rationale: Slow industry turnaround

Company: Broadwing (BRW)

Year ending: Dec-02

Prior estimate: d0.33

New estimate: d0.66

Rationale: Continuing weak long distance

Company: Pall Corp. (PLL)

Year ending: Jul-02

Prior estimate: 1.12

New estimate: 1.02

Rationale: Soft markets

Company: Qwest Communications (Q)

Year ending: Dec-02

Prior estimate: 0.21

New estimate: 0.08

Rationale: Slowed outlook

Company: York International (YRK)

Year ending: Dec-02

Prior estimate: 3.00

New estimate: 2.40

Rationale: Soft sales condition


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