Cutting Estimate for Cymer

S&P revises earnings forecasts for DaimlerChyrsler and others

Company: Cymer (CYMI )

Year ending: Dec-02

Prior estimate: 0.83

New estimate: 0.73

Rationale: Weak technology markets

Company: Koninklijke Philips Electron (PHG )

Year ending: Dec-02

Prior estimate: 0.61

New estimate: 0.49

Rationale: Cautious view on tech spending

JUNE 20

Company: Airborne (ABF )

Year ending: Dec-02

Prior estimate: 0.08

New estimate: 0.59

Rationale: Improved cost structure, growth

Company: DaimlerChyrsler (DCX )

Year ending: Dec-02

Prior estimate: 1.50

New estimate: 2.20

Rationale: Better than expected sales

Company: Genzyme (GENZ )

Year ending: Dec-02

Prior estimate: 1.34

New estimate: 1.13

Rationale: Lower Renagel revenues

Company: Research in Motion (RIMM )

Year ending: Feb-03

Prior estimate: d0.41

New estimate: d0.68

Rationale: Signs of European slowdown

Company: TriQuint Semiconductor (TQNT )

Year ending: Dec-02

Prior estimate: 0.02

New estimate: d0.05

Rationale: Weaker than expected demand

JUNE 19

Company: Advanced Micro Devices (AMD )

Year ending: Dec-02

Prior estimate: 0.01

New estimate: d0.60

Rationale: Lower than expected revenues

Company: Lehman Brothers (LEH )

Year ending: Nov-02

Prior estimate: 4.81

New estimate: 4.31

Rationale: Impact of a weak capital market

Company: Yellow (YELL )

Year ending: Dec-02

Prior estimate: 1.48

New estimate: 1.70

Rationale: Strong guidance

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