Raising Forecast for Owens-Illinois

S&P changes earnings estimates for Abgenix, Unocal and others

Company: Abgenix Inc. (ABGX )

Year ending: Dec-02

Prior estimate: d1.11

New estimate: d1.39

Rationale: Higher costs

Company: Foundry Networks (FDRY )

Year ending: Dec-02

Prior estimate: 0.26

New estimate: 0.15

Rationale: Product transitions

Company: International Flavors & Fragances (IFF )

Year ending: Dec-02

Prior estimate: 1.60

New estimate: 1.92

Rationale: Reflects lower goodwill expense

Company: OGE Energy (OGE )

Year ending: Dec-02

Prior estimate: 1.90

New estimate: 1.68

Rationale: Higher O&M expense

Company: Owens-Illinois (OI )

Year ending: Dec-02

Prior estimate: 1.40

New estimate: 2.00

Rationale: Improving glass & plastics segments

Company: Unocal Corp. (UCL )

Year ending: Dec-02

Prior estimate: 1.56

New estimate: 1.18

Rationale: Lower production, weaker pricing

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