Higher Estimate for Scotts

S&P revises earnings estimates for Lehman Brothers and others

Company: Boston Communications (BCGI )

Year ending: Dec-02

Prior estimate: 0.27

New estimate: 0.17

Rationale: Sees rise in prepaid youth market

Company: Scotts (SMG )

Year ending: Sep-03

Prior estimate: 3.05

New estimate: 3.65

Rationale: Sees higher sales, better EPS quality

Company: Varian Semiconductor (VSEA )

Year ending: Sep-03

Prior estimate: 0.54

New estimate: 0.16

Rationale: Slow capital spending pushing out recovery

SEPT. 25

Company: Axcelis Technologies (ACLS )

Year ending: Dec-02

Prior estimate: -0.14

New estimate: -0.22

Rationale: Industry overcapacity

Company: Brooks-PRI (BRKS )

Year ending: Sep-03

Prior estimate: 0.49

New estimate: -0.82

Rationale: Recovery push out by weak customer capex

Company: A.G. Edwards (AGE )

Year ending: Feb-03

Prior estimate: 2.13

New estimate: 1.56

Rationale: Weak capital markets, corporate finance activity

Company: EOG Resources (EOG )

Year ending: Dec-02

Prior estimate: 0.52

New estimate: 0.65

Rationale: Updated oil & gas prices, production estimates

Company: Fleming Cos. (FLM )

Year ending: Dec-02

Prior estimate: 2.19

New estimate: 1.10

Rationale: Retail operations sale, falling customer spending

Company: Georgia Gulf (GGC )

Year ending: Dec-02

Prior estimate: 0.80

New estimate: 0.95

Rationale: Company's third-quarter guidance

Company: Hunt (J.B.) (JBHT )

Year ending: Dec-02

Prior estimate: 1.10

New estimate: 1.33

Rationale: Stronger intermodal operations

Company: Lehman Brothers Holding (LEH )

Year ending: Nov-03

Prior estimate: 5.38

New estimate: 4.50

Rationale: Lower capital markets, corporate finance activity

Company: Micron Technology (MU )

Year ending: Aug-03

Prior estimate: 0.50

New estimate: 0.05

Rationale: Slow PC demand, industry overcapacity

Company: RF Micro Devices (RFMD )

Year ending: Mar-03

Prior estimate: 0.11

New estimate: 0.13

Rationale: Improving orders

Company: Rudolph Technology (RTEC )

Year ending: Dec-02

Prior estimate: 0.19

New estimate: 0.16

Rationale: Capital equipment recovery pushed out to 2003

Company: Tyco International (TYC )

Year ending: Sep-03

Prior estimate: 2.10

New estimate: 1.55

Rationale: Company guidance; telecom unit weakness

Company: U.S. Steel (X )

Year ending: Dec-02

Prior estimate: -0.10

New estimate: 0.40

Rationale: Stronger third-quarter company guidance

Company: Ultratech Stepper (UTEK )

Year ending: Dec-02

Prior estimate: -0.38

New estimate: -0.49

Rationale: Falling capital spending pushing out recovery

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