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Cutting Forecast for Sunoco


Company: ESS Technology (ESST)

Year ending: Dec-02

Prior estimate: 0.80

New estimate: 1.05

Rationale: Stronger than expected DVD sales

Company: Sunoco (SUN)

Year ending: Dec-02

Prior estimate: 4.02

New estimate: 2.64

Rationale: Weak refining & marketing margins

MAR. 1

Company: Cable Design (CDT)

Year ending: Jul-02

Prior estimate: 0.50

New estimate: 0.18

Rationale: Reflects weak telecom spending

Company: General Motors (GM)

Year ending: Dec-02

Prior estimate: 2.60

New estimate: 3.60

Rationale: Improved volume and mix

Company: Protein Design Labs (PDLI)

Year ending: Dec-02

Prior estimate: d0.02

New estimate: d0.19

Rationale: Higher costs, lower interest income


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