Lowering Estimates for Vitesse Semiconductor

S&P sees slowing demand for communications chips. Plus Exodus Communications and more

Company: Cypress Semiconductor (CY )

Year ending: Dec-01

Prior estimate: 2.50

New estimate: 1.62

Rationale: Industry slowdown

Company: Exodus Communications (EXDS )

Year ending: Dec-01

Prior estimate: d0.75

New estimate: d0.90

Rationale: Negative dot-com revenue trends

Company: IMCO Recycling (IMR )

Year ending: Dec-01

Prior estimate: 0.50

New estimate: 0.35

Rationale: Weak aluminum business

Company: Informix (IFMX )

Year ending: Dec-01

Prior estimate: 0.08

New estimate: 0.20

Rationale: Revised company guidance, outlook

Company: Novellus Systems (NVLS )

Year ending: Dec-01

Prior estimate: 2.55

New estimate: 2.05

Rationale: Weaker industry conditions

Company: Vitesse Semiconductor (VTSS )

Year ending: Sep-01

Prior estimate: 1.18

New estimate: 0.95

Rationale: Slowing demand for communications chips

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